Nikola Stock Is Rising. The Company Is Making More Trucks.

Stock in the electric and hydrogen truck-technology firm Nikola is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any EV startup. Wednesday, Nikola (ticker: NKLA) reported $24.2 million in sales, while Wall Street was expecting $22.7 million. The company didn’t have revenue in the third quarter … Read more

Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings

Text size Plug Power said it is on track to achieve its goal of $3 billion in revenue in 2025. Dreamstime Shares of Plug Power were rising in late trading as investors expressed cautious optimism over the hydrogen fuel-cell company’s financial forecasts for 2022, even as fourth-quarter losses were wider than expected. Plug (ticker: PLUG) … Read more

Why engine-maker Cummins is lobbying President Biden for new climate legislation

Why engine-maker Cummins is lobbying President Biden for new climate legislation | Fortune You need to enable JavaScript to view this site.