Nikola produced 43 and wholesaled 40 Class 8 Nikola hydrogen fuel cell EVs in the first quarter of 2024 and announced it has begun to return its battery-electric trucks (BEV) associated with a voluntary recall last year. Nikola announced on Friday it will report its first-quarter financial results on May 7 and host a conference call to discuss the results at 10:30 a.m. ET the same day. According to estimates from Benzinga Pro, the company is expected to report losses of 10 cents per share and quarterly revenue of $14.235 million.

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