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Stock impact report

Could Nikola Be a Millionaire-Maker Stock? [The Motley Fool]

Nikola Corporation (NKLA) 
Company Research Source: The Motley Fool
The future of transportation is almost certain to rely far less on fossil fuels than it does today. That's particularly true in the trucking segment, where fuel is one of the biggest expenses for fleet operators, and their corporate customers are seeking ways to shrink their carbon footprints.Nikola(NASDAQ:NKLABut are there more share price gains to come? Investors are expecting big things, considering that Nikola hasn't even begun commercial manufacturing and could be another year away from mass-market production. Let's take a closer look at whether or not Nikola has millionaire-maker potential.Image source: Getty Images.A tough industry to disruptDiesel is the standard for medium- and heavy-duty transportation. Whether it's a class 8 tractor-trailer, dump truck, or other vehicle hauling heavy loads or traveling long distances, the diesel engine is still the preferred powertrain.The primary reasons for that are access to fuel and range, but there are also operating benefits in terms Show less Read more
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