Fool.com contributor Parkev Tatevosian elaborates on what the government subsidy could mean for Nikola (NKLA 89.47%) and its shareholders.
*Stock prices used were the afternoon prices of July 7, 2023. The video was published on July 9, 2023.
1 Green Flag for Nikola Stock Investors
By Parkev Tatevosian, CFA – Jul 11, 2023 at 5:00AM
OTC: NKLA
Nikola
Market Cap
$0.1M
Today's Change
(-89.47%) $0.01
Current Price
$0.00
Price as of November 14, 2025 at 3:47 PM ET
Nikola will get some much-needed help with a $41.9 million grant.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.