The company suspects foul play.
early last month because the inventory had swollen considerably – however, just 63 units have been built so far this year and the production strategy has shifted to a “build-to-order” approach.
At the same time, deliveries of the fuel cell electric truck are scheduled to start in the third quarter with 178 orders from 14 end customers.Furthermore, Nikola's founder and former CEO Trevor Milton is known for lying about the company's progress early on, and last yearrelated to his work at the startup. He was replaced by Michael Lohscheller as chief executive officer in January.
Ironically, Milton, who owns roughly 9 percent of the firm's shares, took to social media recently to criticize the truck maker and suggest it needs new leadership. Nikola was founded in Salt Lake City, Utah in 2014 and presented several concept vehicles between 2016 and 2020, the first of which was a natural gas-fueled turbine-electric semi truck.
As always, we'd like to know what you think about this, so head over to the comments section below to give us your thoughts.
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