Nikola 2Q Sales Beat Management Expectations
By Sabela Ojea
Nikola said it has exceeded its sales guidance for the second quarter after securing higher-than-expected hydrogen fuel cell trucks in the period.
The electric-vehicle maker on Tuesday said that it wholesaled 72 class 8 Nikola fuel cell trucks in the second quarter, above the high end of truck sales guidance of 60 units.
Overall for the first half of the year, Nikola wholesaled 112 hydrogen fuel cell trucks.
"We have maintained our 2024 momentum with solid wholesale numbers, new customers such as Walmart Canada, and repeat customers like 4GEN and IMC, purchasing vehicles through our dealer network," Chief Executive Steve Girsky said.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
July 02, 2024 09:01 ET (13:01 GMT)
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