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Nikola cuts delivery outlook for its electric semi trucks



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Nikola, the electric truck startup that went public via a SPAC merger, warned Tuesday that supply chain constraints are causing numerous delays forcing it to slash its vehicle delivery projections in half.
The company, which is still in pre-production, said in its second-quarter earnings call that its plans to produce 50 to 100 electric semi trucks in this year have been lowered to 25 to 50 units. The less than rosy projections continued on the revenue front.
The company cut its revenue forecast for the year to $0 to $7.5 million. It was previously $15 million to $30 million.
Nikola reported a net loss of $143 million in the …

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