COOLIDGE, Ariz. — Electric truck and hydrogen maker Nikola Corp.’s financial struggles — a near-record-low stock price, weak cash position and inability to access reasonably priced capital — feed legitimate concerns about its survival. But visit the plant about an hour east of Phoenix and you come away with a different take.
First, the L-shaped production line is full across all 15 assembly stations. Nikola is capable of building five or six Class 8 battery-electric vehicles (BEVs) a day....
https://www.freightwaves.com/news/nikola-matures-as-an-electric-truck-manufacturer