The company said it intends to use the net proceeds for working capital and general corporate purposes.
NIO stock is set to fall for a fourth consecutive year and trades at a fraction of its 2021 highs. Can the Chinese EV company make a comeback in 2025?
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Plug Power and Nikola could be good longshot plays in this nascent market.
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The trucking company is making progress in developing its innovative alternative fuel trucks.
There wasn't much optimism about the future of EVs today.
NKLA earnings call for the period ending September 30, 2024.