Nikola Q3 2020 Earnings – Investors Remain Fixated on the Fate of the Company’s Partnership With General Motors

Nikola Q3 2020 Earnings – Investors Remain Fixated on the Fate of the Company’s Partnership With General Motors

4 years ago
Anonymous $RGO3jP_V_c

https://wccftech.com/nikola-q3-2020-earnings-investors-remain-fixated-on-the-fate-of-the-companys-partnership-with-general-motors/

Nikola Corporation (NASDAQ:NKLA), the company that is attempting to retail electric and hydrogen-powered trucks, has endured a brutal quarter as its stock price was relentlessly hammered following the publication of a damning report by the short-seller, Hindenburg Research. Today, the company is again in the spotlight as it gears up to announce its earnings for the third quarter of 2020.

Bear in mind that Nikola is a pre-revenue company, thereby rendering its top-line and bottom-line growth metrics mostly inconsequential.