Nikola

Nikola Corp. engages in the provision of zero-emissions transportation and infrastructure solutions. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems and hydrogen fueling station infrastructure. The company was founded by Trevor Milton in 2015 and is headquartered in Phoenix, AZ.

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Nikola advances hydrogen supply and truck development, eyes profitability by 2024

Nikola's Q4 2022 earnings call highlighted progress in hydrogen supply, truck development, and financial outlook. The company aims for profitability in 2024, focusing on FCEV volume and energy business profitability.

Nikola shifts focus to hydrogen trucks, eyes positive EBITDA by 2025

Nikola's Q1 performance reflects a strategic shift towards hydrogen fuel cell trucks and positive momentum in retail sales.
The company faces challenges in margin improvement, transitioning production focus, and financial sustainability.
Opportunities lie in capital raising, market expansion through partnerships, and leveraging leasing trends for customer acquisition.
Overall, Nikola's focus on zero emissions trucks and energy solutions positions it well for future growth and market leadership.

Nikola reduces cash burn, aims for profitability by 2025

Nikola is making progress in reducing cash burn, increasing cash position, and improving financial performance.
Strategic partnerships, focus on zero-emission vehicles, and efficiency gains position the company for long-term sustainability.
Challenges include the need for additional capital, operational efficiency, and meeting financial targets for profitability.
Opportunities lie in the growing demand for zero-emission vehicles, government support, and cost optimization strategies.

Nikola reports strong Q3 performance, aims for profitability and growth

Nikola Corporation demonstrates strong market performance and operational progress in Q3 2023, with significant demand for zero-emission trucks and strategic hires to drive success.
While facing supply chain challenges and transparency concerns, Nikola's focus on operational optimization and market acceptance presents opportunities for growth and profitability.
Guidance for Q4 delivery targets and production capacity showcase Nikola's commitment to meeting market demand and achieving financial milestones.
Overall, Nikola's financial stability, market positioning, and focus on sustainability position the company for future success in the zero-emission trucking industry.

Nikola excels in Q4, targets growth with hydrogen trucks

Nikola's Q4 2023 earnings call highlighted strong performance, market leadership in hydrogen fuel cell trucks, and strategic guidance for 2024. The company addressed challenges such as supply chain issues and emphasized opportunities for growth through revenue optimization and market differentiation.

Nikola exceeds Q1 expectations, focuses on growth and profitability

Nikola Corporation's Q1 2024 earnings call highlighted progress in executing plans with real trucks on roads, exceeding expectations with 40 hydrogen fuel cell electric truck sales.
While facing challenges like supply constraints and financial losses, the company is strategically focusing on customer acquisition, profitability, and expanding its hydrogen ecosystem.
Opportunities lie in engaging national accounts, adjusting pricing strategies, and developing partnerships to drive sales and increase market relevance.
The management's commitment to zero emissions, emphasis on volume growth, and proactive stance towards operational challenges position Nikola for growth amidst a competitive market landscape.

Nikola surpasses Q2 targets, eyes growth through strategic partnerships

Nikola Corporation's Q2 performance exceeded expectations, driven by strong truck wholesaling and CARB credit monetization. While facing competition from EV trucks, the company's strategic focus on partnerships and cost optimization positions it for growth. Addressing challenges related to political risks and cash management is crucial for Nikola's future success.

Nikola dominates North American fuel cell truck market in Q3

Nikola Corporation demonstrated strong sales performance in Q3 2024, leading the market with record hydrogen fuel cell electric truck sales. Despite financial challenges, the company remains focused on expanding its dealer network and improving unit economics. Opportunities lie in strengthening customer relationships, seeking capital partners, and exploring profitability avenues.

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Nikola announces the sale of 50 trucks powered by fuel cells running on hydrogen gas.

Nikola Sells Hydrogen-Powered Trucks and the Market Is Loving It

BayoTech to purchase up to 50 Nikola Class 8 hydrogen fuel cell electric vehicles for zero-emission hydrogen transport Nikola to purchase low-carbon hydrogen from BayoTech's Missouri and California hydrogen hubs and up to 10 BayoTech HyFill™ transports for bulk hydrogen delivery to customer refueling stations PHOENIX , July 13, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, and BayoTech, Inc. ("BayoTech"), an innovator in hydrogen production, transportation and storage solutions, announced an agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets. The strategic supply agreement includes Nikola Class 8 hydrogen fuel cell electric trucks, BayoTech HyFill™ bulk hydrogen transport trailers, and hydrogen produced at BayoTech's distributed network of hubs.

NIKOLA AND BAYOTECH PARTNER TO ADVANCE ZERO-EMISSION HYDROGEN DELIVERY

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EV Roundup: Nikola Gets $41.9M Fund, Blink Partners With AAA & More

Nikola will get some much-needed help with a $41.9 million grant.

1 Green Flag for Nikola Stock Investors

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The electric truck maker just revealed some promising Q2 production and delivery numbers. It's also on track to launch its hydrogen truck as it builds its first hydrogen charging stations.

Is Nikola Corporation Stock a Buy Now?

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Nikola adjourned its annual meeting for a second time because it lacked the votes to double the number of its outstanding shares. But the next try in August comes down to a pen stroke from Delaware Gov.

Nikola still trying to raise share count but proxies may not be needed

Nikola's (NKLA) $41.9 million grant award from the CTC represents a significant stride in the clean energy movement, potentially paving the way for the wider adoption of hydrogen fuel cell technology.

Nikola (NKLA) Gets $41.9M California Grant for Hydrogen Power

Nikola (NASDAQ: NKLA ) stock is on the move Friday after the company announced it is pushing back the date for its 2023 Annual Meeting of Stockholders. As a result, Nikola will not hold this meeting on August 3, 2023.

NKLA Stock: Nikola Pushes Key Meeting Back to Aug. 3

Nikola failed for the second time since June to get enough shareholders to vote on a proposal that would allow the EV truck maker to issue more shares in a bid to raise more capital.

EV truck maker Nikola fails again to secure enough shareholder support to issue more shares

Shares of Nikola Corp. NKLA, -9.09% fell almost 2% in the extended session Thursday after the EV maker said it adjourned its shareholder meeting until Aug. 3 as it failed to secure support for its plan to issue new stock. Thursday's meeting had re-started from early June because of the same issue.

Nikola's stock drops nearly 2% after EV maker fails to secure shareholder support for new-stock plan

Electric-truck maker Nikola on Thursday adjourned its annual shareholder meeting for the second time this year, as it could not muster sufficient votes for a proposal to increase the number of outstanding shares.

Nikola pushes shareholder meet again as it seeks nod for key proposal

Nikola adjourned its annual meeting to try to win more votes to issue new stock. A potential legal change in Delaware may give it some help.

Nikola falls short of winning shareholder support to issue new stock – but a new law may help

Nikola stock soared last month likely due to a short squeeze. The company is still in a bad position with its cash burn.

Why Nikola Stock Soared 121% Last Month

PHOENIX , July 6, 2023 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, today announced that its 2023 Annual Meeting of Stockholders has been adjourned to August 3, 2023 at 1:00 p.m., Pacific Time.

NIKOLA ADJOURNS AND WILL RECONVENE ANNUAL MEETING OF STOCKHOLDERS ON AUGUST 3, 2023

It has been a rough year for hydrogen electric vehicle (EV) company Nikola (NASDAQ: NKLA ). Despite a rally in the overall clean energy sector, NKLA stock went from $2.22 per share at the start of the year to as low as 52 cents in June.

NKLA Stock: Hard-Hit Nikola Just Got a $42 Million Boost

EV truck maker Nikola is looking to raise more cash through by selling additional stock.

Nikola will soon find out whether its shareholders have approved its plan to sell more stock

Nikola Corp. (NASDAQ: NKLA) has proved why it is a penny stock that trades at only $1.43.

Nikola Sells Almost No Trucks

The funds are a positive development for the company, which recently announced job cuts and seeks to raise cash by issuing new shares.

News for Nikola Stock (NKLA)