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Why Nikola Stock Is Down Today

Why Nikola Stock Is Down Today

Shares of electric-truck start-up Nikola (NASDAQ: NKLA) were trading lower on Thursday, as questions swirled about the company's upcoming Badger electric pickup truck amid a barrage of tweets from its founder. As of 1:30 p.m. EDT, Nikola's shares were down about 8% from Wednesday's closing price. Nikola said on Monday that it has begun taking preorders for its Badger pickup truck, an electric dynamo that appears to exist only in prototype form as of right now.