shares of nikola corp nkla rallied 18 in premarket trading thursday after the electric vehicle company reported a narrowerthanexpected firstquarter loss and revenue of nearly 2 million that was well above expectations the net loss widened to 7915 million or 37 cents a share from 5343 million or 31 cents a share in the yearago period excluding nonrecurring items the adjusted pershare loss of 21 cents beat the factset loss consensus of 25 cents revenue totaled 189 million compared with zero a year ago and above the factset consensus of 112500 total cost of revenue was 146 million versus zero a year ago leading to gross margin of 228 for 2022 the company expects to deliver 300 to 500 production tre batteryelectricvehicle bev trucks and to build validate and test tre fuelcell electricvehicle fcev test trucks