## How to Invest in Nikola Stock
Nikola Corporation (NKLA) is a publicly traded company that designs and manufactures electric vehicles and hydrogen fuel cell technology. The company was founded in 2014 and is headquartered in Phoenix, Arizona. Nikola has been in the news lately for its partnership with General Motors and its plans to build a hydrogen fueling network.
As of August 2023, Nikola stock is trading at around $10 per share. The stock has been volatile since its IPO in 2020, but it has shown some signs of recovery in recent months.
If you are interested in investing in Nikola stock, there are a few things you should keep in mind.
### 1. Understand the company’s business model
Nikola is a pre-revenue company, which means that it does not yet have any significant revenue. The company is still in the development stage, and it is not clear when it will start to generate revenue.
Nikola’s business model is based on selling electric vehicles and hydrogen fuel cell technology. The company plans to sell its vehicles through a network of dealerships and online. Nikola also plans to build a network of hydrogen fueling stations to support its vehicles.
### 2. Consider the risks involved
Investing in Nikola stock is risky. The company is still in the development stage, and it is not clear when it will start to generate revenue. The company also faces competition from other electric vehicle and hydrogen fuel cell companies.
There are a number of other risks associated with investing in Nikola stock, including:
* The company’s technology is still unproven.
* The company faces a number of regulatory challenges.
* The company has a history of financial losses.
### 3. Do your research
Before you invest in Nikola stock, it is important to do your research and understand the company’s business model and the risks involved. You should also consider your own investment goals and risk tolerance.
### 4. How to buy Nikola stock
If you decide that you want to invest in Nikola stock, you can do so through a broker. There are a number of online brokers that allow you to trade Nikola stock, including:
* Fidelity
* Vanguard
* Charles Schwab
* Interactive Brokers
### 5. How to sell Nikola stock
If you decide that you want to sell your Nikola stock, you can do so through a broker. You will need to specify the number of shares that you want to sell and the price at which you want to sell them.
## Conclusion
Investing in Nikola stock is risky, but it could also be a rewarding investment. The company has a lot of potential, but it is important to be aware of the risks involved before you invest.