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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SANTA ANA, Calif.--(BUSINESS WIRE)--Tom's Truck Center adds Nikola battery-electric semi-trucks to it's already impressive electric commercial truck lineup.

Tom's Truck Center Adds Nikola Battery-Electric Semi-Trucks to EV Truck Lineup

Nikola (NASDAQ: NKLA ) stock is getting a boost on Tuesday following news that the EV company is expanding its business to Canada. According to a press release from the EV company, it's expanded into Alberta, Canada with the sale of a Nikola Tre battery-electric vehicle (BEV) and a Nikola Tre hydrogen fuel cell electric vehicle (FCEV).

Nikola (NKLA) Stock Pops on Canadian Expansion News

PHOENIX and ALBERTA , April 25, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, announces the expansion of its presence in Alberta, Canada, with the sale of a Nikola Tre battery-electric vehicle (BEV) and a Nikola Tre hydrogen fuel cell electric vehicle to the Alberta Motor Transport Association (AMTA). AMTA is combining this purchase with refueling support, via access to Nikola's innovative hydrogen mobile fueler.

NIKOLA EXPANDS PRESENCE TO CANADA WITH NIKOLA TRE BEV AND FCEV TRUCK AND HYDROGEN MOBILE FUELER ORDER FROM ALBERTA MOTOR TRANSPORT ASSOCIATION

Nikola (NKLA) closed the most recent trading day at $0.91, making no change from the previous trading session.

Nikola (NKLA) Flat As Market Sinks: What You Should Know

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For decades, hydrogen has been the “just around the corner” hope to decarbonize transportation fuel. How much of a setback would it be if Nikola runs out of money before its ambitious hydrogen-powered truck and fueling infrastructure plans are realized?

Analysis: How would a Nikola failure affect hydrogen's prospects?

Nikola (NASDAQ: NKLA) stock price has been in a strong freefall in the past few years, which has cost investors billions of dollars. The shares tumbled to a low of $0.8255 this month, which was the lowest level on record.

Nikola stock price forecast: the beginning of the end for NKLA?

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Several board members will not stand for re-election at the coming annual general meeting of stockholders. That's a big chunk of the 10-member body.

Why Nikola Stock Was Thrown Violently Into Reverse Today

Sometimes controversial electric vehicle (EV) maker Nikola (NASAQ: NKLA ) is once again grabbing headlines, and yet again, it's not for anything particularly pleasant. Indeed, the markets are abuzz as NKLA stock drops more than 15% today, reaching its lowest level in the past year.

NKLA Stock Alert: Nikola Hits New 52-Week Low

Nikola is now facing direct competition from the EV king. Investors will want to see success from its hydrogen electric trucks to differentiate them from Tesla's offering.

Why Nikola Stock Got Crushed This Week

Financially struggling Nikola Corp. will ask its shareholders in June to double to 1.6 billion the company's authorized shares. The electric truck and hydrogen maker said it needs to repay hedge fund loans.

Nikola seeks to double shares to keep business going

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Electric-vehicle maker Nikola Corp. NKLA on Thursday said that Gerrit Marx, Lynn Forester de Rothschild and Mark Russell were retiring from its board of directors at its annual meeting on June 7. Marx has been on Nikola's board since 2019, while Forester de Rothschild joined last year.

Three Nikola board members to retire in June

PHOENIX , April 13, 2023 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emission transportation and energy supply and infrastructure solutions, today announced that Gerrit Marx, Lynn Forester de Rothschild and Mark Russell are retiring from Nikola's Board of Directors at this year's annual meeting to be held on June 7, 2023.

Nikola Corporation Announces Upcoming Change to Board of Directors

PHOENIX , April 12, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, today announced it will report its first quarter ended March 31, 2023 financial results on Tuesday, May 9, 2023. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m.

NIKOLA CORPORATION ANNOUNCES DATE FOR FIRST QUARTER 2023 RESULTS AND WEBCAST AND Q&A PLATFORM FOR SHAREHOLDERS

It hasn't been an easy month for Nikola (NASDAQ: NKLA ), but things could be about to get worse. The electric vehicle (EV) producer has been falling all year, gradually trending downward amid an onslaught of bad news.

NKLA Stock Price Prediction: Is Nikola Really Worth Just $1?

Nikola didn't deliver as many vehicles as it anticipated in 2022, leading to steeper-than-expected losses. Losses are ongoing, and management is selling its stock at a discount to raise cash.

Why Former Market Darling Nikola Stock Has Been Nearly Cut in Half Since the Beginning of March

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To immediately answer the question posed by the headline of this column, I believe that Lucid (NASDAQ: LCID ) and LCID stock are headed for much worse fates than Nikola (NASDAQ: NKLA ) and NKLA stock. Moreover, the longer-term outlook of NKLA is much better than that of LCID.

News for Nikola Stock (NKLA)