https://wccftech.com/company/nikola-corporation/

Nikola Corporation (NASDAQ:NKLA) has been under a spotlight ever since its shares exploded in June, essentially doubling within the span of a single trading day. While a hefty portion of that gain has since evaporated due to a number of intrinsic factors, continuing investor interest remains a perennial reality.

Nikola is a pre-revenue company and has yet to commence formal operations. Moreover, its capital structure also appears convoluted to an ordinary investor. Consequently, through this post, we will attempt to elucidate the heretofore murkier aspects of the company. In the foremost sections, we will discuss Nikola’s products and business plans. In the latter part, we’ll shed light on the company’s corporate and capital structure, cash balance and deposits, and valuation metrics.