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Nikola Says It Has Enough Cash to Last Into 2024

By Parkev Tatevosian, CFA – Aug 15, 2023 at 5:00AM

That should relieve investors who thought Nikola needed cash desperately.

Fool.com contributor Parkev Tatevosian evaluates Nikola's (NKLA 64.86%) claims that it could survive well into 2024 before raising additional capital.

*Stock prices used were the afternoon prices of Aug. 11, 2023. The video was published on Aug. 13, 2023.

About the Author

Parkev Tatevosian, CFA
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.
TMFParkev
X@TMFParkev

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.

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