The first two zero-emissions electric trucks were delivered to Total Transportation Services at the Port of Los Angeles in San Pedro on Friday, December 17th.
The electric truck maker completed delivery of its first vehicle on Thursday and its shares jumped 20%.
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The surge in the stock came a day after the company announced that its first customer delivery is done, signaling more to come.
The Securities and Exchange Commission accused the company of deceiving investors about its products, technical capacity and business prospects.
The company's founder and former chief executive officer, Trevor Milton, was blamed by the SEC for misleading claims. He pleaded not guilty to the charges.
In June 2020 he went public. The stock hit a record high of $90 a share after the IPO but then came down due to a regulatory probe.
Following the attention given to the start-ups, many of them sought to go public through SPAC deals. At least four EV companies are under investigation by federal agencies for possibly misleading investors.
CNBC's Tom Franck and Mike Wayland contributed to the report.
