Nikola nasdaq Nkla Stock Dips with New Board Addition

Nikola (NASDAQ: NKLA) Stock Dips with New Board Addition

Nikola Corporation (NASDAQ: NKLA) stock fell on Friday after Carla Tully joined its Board of Directors.

Nikola (NKLA) has welcomed esteemed energy and infrastructure expert Carla Tully to its Board of Directors.

Tully brings over two decades of distinguished experience in leadership roles across diverse sectors, including Fortune 150 companies, private equity firms, startups, and governmental bodies, to Nikola. Currently, Tully serves as the Vice Chair of Earthrise Energy’s Board of Directors and holds a prominent position on the Board of Citizens for Responsible Energy Solutions Forum. Tully also holds advisory roles in various startups dedicated to the energy transition.

Steve Shindler, Chairman of Nikola’s Board of Directors, underscored the significance of Tully’s multifaceted business acumen for the company’s burgeoning hydrogen ecosystem and energy infrastructure endeavors. Tully brings a wealth of experience in business development, corporate social responsibility, and sustainability to her new role. Steve views her appointment as a strategic step as Nikola pursues growth in 2024.

Tully remarked,

“I am a firm believer that now is the time to focus our creativity and capital on decarbonizing hard-to-abate sectors.”

She added,

“Nikola is a mission-oriented company that is at the forefront of zero-emission transportation. I’ve dedicated my career to similar missions, and I am delighted to join Nikola’s Board of Directors and support Nikola in 2024 and beyond.”

Nikola (NASDAQ: NKLA) Stock Movement

NKLA stock declined 1.35% to close at $0.74 on Friday. The traders had exchanged hands with 61,864,274 (61.86 million) shares compared to the average daily trading volume of 99.04 million.