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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Shares of Nikola Corp. NKLA, +29.63% soared 20.7% toward a three-month high in premarket trading Friday, putting them on track for an eighth-straight gain. The electric vehicle maker's stock has skyrocketed 159.3% the past seven sessions, since it closed at a record low of 54 cents on June 6.

Nikola stock soars toward 8th-straight gain; EV maker responds to Founder Milton's social media post

Nikola's top shareholder and founder, Trevor Milton, on Thursday urged investors to vote against the electric truck maker's proposal to increase the number of shares it is allowed to issue and called for a change in leadership.

Nikola founder urges vote against critical share proposal

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Nikola's future capital-raising prospects were boosted in more than one way this week. QuantumScape's technology just received confirmation from a large global automaker.

Why Nikola and Other EV Stocks Soared This Week

Nikola stock is gaining ground following the Fed's decision not to raise interest rates. The EV company's share price appears to be benefiting from a short squeeze.

Why Nikola Stock Is Soaring Today

Nikola Corp NKLA was surging about 22% higher Wednesday, reacting bullishly to producer price index data that came in lower than expected and the Federal Reserve's decision to pause its rate hike cycle after raising interest rates on 10 consecutive occasions.

Nikola Stock Surges After Breaking Up From Bearish Trend Line: The Bull, Bear Case - Nikola (NASDAQ:NKLA)

Nikola is on track to gain enough shareholder support for an important proposal that will help it raise future capital. Signs that inflation is easing could also help reduce the cost of future capital.

Why Nikola Continued to Rocket Higher Today

Nikola (NASDAQ: NKLA ) stock is climbing higher on Wednesday as investors react to the recent May CPI data released yesterday. That May CPI data showed that inflation is finally starting to cool down.

Why Is Nikola (NKLA) Stock Up 15% Today?

Nikola (NASDAQ: NKLA) stock price jumped by more than 20% on Tuesday as investors started embracing the FOMO attitude. The shares jumped to a high of $0.9140, the highest level since May this year.

Nikola stock price set to jump amid FOMO: dilution risks remain

Shares of several start-ups are rallying Tuesday. The probable cause is slower-than-expected inflation raising hopes that the Fed is done raising interest rates.

Nikola Stocks Soars as Lower Inflation Lifts All SPAC Boats

Nikola Press Center Fans of Nikola (NASDAQ: NKLA ) stock, mark your calendars. The electric vehicle (EV) maker has adjourned its annual stockholder meeting to July 6.

Dear Nikola (NKLA) Stock Fans, Mark Your Calendars for July 6

The electric-vehicle maker, which needs cash for the production of trucks, extends voting to July.

Nikola Shareholders Reject Plan for More Stock Shares

Nikola was given a notice that it is out of compliance with Nasdaq regulations.

Why Is Everyone Talking About Nikola Stock?

Shareholders haven't yet approved a proposal to allow Nikola to expand the number of potential shares outstanding. Why shareholders would handcuff the company is hard to figure.

Nikola Delays Shareholder Vote Needed to Raise Capital

Nikola failed to get enough investors to vote on a proposal that would allow the beleaguered electric truck company to issue more shares — and, in turn, raise more capital.

Nikola's bid to increase shares stalls after failing to get enough shareholders to vote

Nikola adjourned its shareholder meeting on Wednesday after failing to garner enough support for a proposal to increase the number of shares the electric truck maker is allowed to issue, delaying its prospects of raising much-needed capital.

Nikola adjourns meeting to garner more support for share proposal

VOTE NOW by phone at (855) 935-2562, if in North America, or 1 (551) 210-9929 internationally Vote NOW online at www.proxyvote.com PHOENIX , June 7, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that its 2023 Annual Meeting of Stockholders has been adjourned to July 6, 2023 at 1 p.m. Pacific Time to allow stockholders additional time to vote FOR Proposal 2.

Nikola Adjourns and Will Reconvene Annual Meeting of Stockholders on July 6, 2023 to Secure the Votes Needed for Proposal 2

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As Barron's points out, electric vehicle and hydrogen fuel cell company Nikola Corp.

Nikola Falls Apart

Nikola made some big changes that could have major implications.

Nikola Is Taking Huge Steps Toward Profitability

Shares of battery and hydrogen fuel-cell trucking firm Nikola hit a new 52-week intraday low on Tuesday. They have dropped more than 99% from their record high of almost $94.

Nikola Stock Is Dropping Again. The SPAC Boom Is Fully a Bust.

More than 50% of ALL outstanding shares are needed to vote favorably to pass Proposal 2  Strong voting support has been received in favor of Proposal 2 showing high-level of engagement and support from Nikola stockholders The large number of individual stockholder accounts, in excess of 700,000, create a challenge in obtaining the votes needed Options are available to facilitate passage of Proposal 2 if vote not secured by June 7 PHOENIX , June 5, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, encourages ALL stockholders to actively vote today for Proposal 2 before the Annual Meeting of Stockholders on June 7, 2023. Proposal 2 would allow Nikola to increase its authorized number of shares of common stock.

NIKOLA STOCKHOLDERS: FINAL HOURS TO VOTE FOR PROPOSAL 2

Nikola gave investors huge updates in a meeting with Wall Street investors.

What's Going On With Nikola Stock?

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News for Nikola Stock (NKLA)