1 Green Flag for Nikola Stock Investors

By Parkev Tatevosian, CFA – Jul 11, 2023 at 5:00AM

NASDAQ: NKLA

Nikola

Market Cap

$886M

Today's Change

(1.51%) $0.01

Current Price

$0.65

Price as of April 29, 2024, 4:00 p.m. ET

Nikola will get some much-needed help with a $41.9 million grant.

Fool.com contributor Parkev Tatevosian elaborates on what the government subsidy could mean for Nikola (NKLA 1.51%) and its shareholders.

*Stock prices used were the afternoon prices of July 7, 2023. The video was published on July 9, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.