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  "documentTitle": "Nikola | Investor Day Presentation Deck | 11 slides",
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  "presentationDate": "2022-09-01 00:00:00",
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      "text": "Kim Brady, CFO, at Q2 2022 Earnings Call: I think Mark has already discussed Nikola's value proposition. So let me share some thoughts about achieving profitability. During our Analyst Day in March, we stated that we are looking to achieve a positive gross margin for our Tre BEVs by the end of 2023 and the end of 2024 for our fuel cell electric trucks. Under our basic road map, we would like to get to positive EBITDA by the end of 2024. The primary assumption behind this road map has been that as we continue to scale, we should be able to spread our fixed costs over a greater volume and reduce our BOM cost. From our current vantage point, inflation remains a great unknown that makes our path to a positive gross margin a challenge, especially the cost of battery cells. While OEMs have sought to raise the fees in line with inflation, it remains unclear to what extent we may be able to pass through that increase. So operating leverage will be one of the biggest factors driving our future gross margin, but potential headwinds from the impact of prolonged inflation could extend our existing timeline.",
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