Skip to content
Green
Hyperdrive

Tesla and Nikola Big Rigs Race for Up to $40,000 US Incentives

The Inflation Reduction Act could deliver a big boost to electric commercial vehicles.

A Nikola Tre battery-electric truck on the Iveco test track in Ulm, Germany.

A Nikola Tre battery-electric truck on the Iveco test track in Ulm, Germany.

Photographer: Andreas Gebert/Bloomberg
From

Stay on top of the electric car revolution by signing up to our Hyperdrive newsletter here.

It was a budding rivalry that didn’t last long before scandal brought one of them down. Two years ago, Nikola founder Trevor Milton was very clearly on Tesla CEO Elon Musk’s radar.