In the 2021 fiscal year, Nikola Corporation recorded around 293 million U.S. dollars for research and development expenses. This represents an increase of around 58 percent from 2020. In 2020, Nikola spent 175 percent more on research and development than in 2019. This increase in its research and development expenses led a rapid growth of its operating expenses across the same period.
Research and development expenses of Nikola Corporation from FY 2019 to FY 2021
(in thousand U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Nikola Corporation. (April 20, 2022). Research and development expenses of Nikola Corporation from FY 2019 to FY 2021 (in thousand U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1345867/nikola-motors-research-and-development-expenses/
Nikola Corporation. "Research and development expenses of Nikola Corporation from FY 2019 to FY 2021 (in thousand U.S. dollars)." Chart. April 20, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1345867/nikola-motors-research-and-development-expenses/
Nikola Corporation. (2022). Research and development expenses of Nikola Corporation from FY 2019 to FY 2021 (in thousand U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1345867/nikola-motors-research-and-development-expenses/
Nikola Corporation. "Research and Development Expenses of Nikola Corporation from Fy 2019 to Fy 2021 (in Thousand U.S. Dollars)." Statista, Statista Inc., 20 Apr 2022, https://www.statista.com/statistics/1345867/nikola-motors-research-and-development-expenses/
Nikola Corporation, Research and development expenses of Nikola Corporation from FY 2019 to FY 2021 (in thousand U.S. dollars) Statista, https://www.statista.com/statistics/1345867/nikola-motors-research-and-development-expenses/ (last visited November 22, 2024)
Research and development expenses of Nikola Corporation from FY 2019 to FY 2021 (in thousand U.S. dollars) [Graph], Nikola Corporation, April 20, 2022. [Online]. Available: https://www.statista.com/statistics/1345867/nikola-motors-research-and-development-expenses/
