The manufacturer of electric trucks, and trucks to hydrogen Nikola, listed on the Nasdaq since last Thursday, started the week with a bang, leading some observers to predict a trajectory of the Tesla.

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the title of The group climbed on Tuesday nearly 9% after it soared to nearly 104% the day before. It is trading now at 79,73, or $ 45 dollars above its price at the close of Thursday. The stock Exchange value of Nikola is, she is close to 30 billion dollars, slightly higher than the Ford and more than double that of Fiat-Chrysler. The company, based in Phoenix (Arizona, southwest) has made its entry on the index to strong staining technology Wall Street after a “reverse merger” (reverse merger) with VectoIQ, a company specially created for this type of operations and is publicly traded on Nasdaq since 2018.

Its jump to the beginning of the week is mainly explained by the announcement Monday of the patron of Nikola, Trevor Milton, that the pre-orders of the pickup, zero emission electric Badger will be available from the 29th of June. The manufacturer, who only sells for the hour, no vehicle, no plans to release any kind of profit until 2021, according to a press release.

A parallel with Tesla

But some specialists are already tempted to draw a parallel with Tesla, the giant of electric cars top of the range, which has experienced a meteoric rise in recent months on Wall Street. The name of the two companies is also a tribute to the famous engineer Nikola Tesla. Founded in 2015, Nikola intends to put on the market its model Be Class 8 BEV next year and the model Two Class 8 and VEGF in 2023. The company planned to sell 30.000 trucks to hydrogen and 14,000-electric trucks in 2027 in North America, according to projections made in march.

Trevor Milton has assured last week on the chain of financial information CNBC that Nikola had substantial liquidity and had no debts, but that the company needed to raise more money. The merger with VectoIQ as well as several investments have allowed Nikola to raise $ 700 million before its entry on the Nasdaq.

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