Big news about Nikola, an electric truck company! They're having some money troubles.
- Nikola's stock price dropped a lot (20%).
- They're looking at selling parts of their company or maybe even the whole thing.
- They don't have much money left.
- Their stock price has gone way down since 2020.
Fact | Number |
---|---|
Stock price drop | 20% |
Current stock price | $0.60 |
Cash at end of September | $198.3 million |
Cash at end of 2023 | $464.7 million |