As mentioned in May, we also successfully raised $200 million in a private placement of convertible notes during the quarter. Nikola Tre BEV UpdateDuring the second quarter, we produced 50 Nikola Tre BEVs and delivered 48 of those to dealers. During the second quarter, the JV entity began building the first EU Tre 4x2 BEV alphas. Use of Non-GAAP Financial MeasuresThis press release references Adjusted EBITDA, non-GAAP net loss, and non-GAAP net loss per share, basic and diluted, all of which are non-GAAP financial measures and are presented as supplemental measures of the Company's performance. However, there are a number of limitations related to the use of non-GAAP measures and their nearest GAAP equivalents.
Mar 04 2023