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Nikola Shares Surge 22% on Garbage Truck Order for Republic Services

Garbage is good business. That old adage holds true for Nikola. After Republic Services ordered 2,500 electrified chassis with the option to increase it to 5,000, Nikola shares soared.

Trevor Milton, Nikola’s executive chairman, said the “refuse market is one of the most stable markets in the industry and provides long-term shareholder value.”

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