Fool.com contributor Parkev Tatevosian elaborates on what the government subsidy could mean for Nikola (NKLA 30.00%) 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 EST
OTC: NKLA
Nikola
Market Cap
$836K
Today's Change
(-0.30%) $0.00
Current Price
$0.01
Price as of December 24, 2025 at 12:43 PM ET
Nikola will get some much-needed help with a $41.9 million grant.
![Nikola_DiageoDHL[11] copy](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F795204%2Fnikola_diageodhl11-copy.jpg&w=3840&op=resize)
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.
Stocks Mentioned
Nikola
OTC: NKLA
$0.01 (0.30%) $0.00
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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