The WACC of Nikola Corporation (NKLA) is 8.4%.
| Range | Selected | |
| Cost of equity | 10.00% - 15.10% | 12.55% |
| Tax rate | -% - 0.10% | 0.05% |
| Cost of debt | 7.00% - 7.00% | 7.00% |
| WACC | 7.8% - 9.1% | 8.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.33 | 1.83 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.00% | 15.10% |
| Tax rate | -% | 0.10% |
| Debt/Equity ratio | 2.84 | 2.84 |
| Cost of debt | 7.00% | 7.00% |
| After-tax WACC | 7.8% | 9.1% |
| Selected WACC | 8.4% | |