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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Will Address Frequently Asked Questions About 2022 Annual Stockholder Meeting Update will be Friday, June 24 at 12:00 p.m. ET via webcast at https://www.webcast-eqs.com/nikola20220624/en Stockholders encouraged to participate and learn about Proposal 2 and to vote ASAP   Stockholders can vote at any time by calling (855) 935-2562, if in North America, or 1-(207) 607-7123, if international  PHOENIX , June 23, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, announced today that its Chairman, Steve Girsky, will speak to investors Friday, June 24 at 12:00 p.m.

Nikola Chairman Steve Girsky to Discuss Importance of Voting on Upcoming Investor Update June 24 at 12:00 p.m. ET

A fresh wire fraud charge against Nikola founder Trevor Milton has spooked investors, who were in selling mode for NKLA stock today. The post Nikola (NKLA) Stock Falls as Founder Faces New Wire Fraud Charges appeared first on InvestorPlace.

Nikola (NKLA) Stock Falls as Founder Faces New Wire Fraud Charges

Trevor Milton is facing a new federal fraud charge tied to his purchase of a Utah ranch.

Nikola founder Trevor Milton faces new federal fraud charge tied to ranch purchase

US prosecutors added a new wire-fraud charge to their case accusing Trevor Milton, the founder and former chief executive of Nikola, of defrauding investors by lying about the electric- and hydrogen-powered truck maker.

Nikola founder Trevor Milton faces new wire-fraud charge

U.S. prosecutors on Wednesday added a new wire-fraud charge to their case accusing Trevor Milton, the founder and former chief executive of Nikola Corp, of defrauding investors by lying about the electric- and hydrogen-powered truck maker.

Nikola founder Trevor Milton faces new fraud charge

Trevor Milton, the billionaire founder and former chief executive of Nikola Corp has asked a federal judge to block evidence related to his "wealth, lifestyle or spending habits" at his trial for fraud charges.

Nikola founder asks judge to block evidence of 'wealth', 'lifestyle' in fraud case

Vote by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international Vote online at www.proxyvote.com Deadline to vote: stockholders as of the close of business on April 4, 2022, need to VOTE by 11:59 p.m., Eastern Time on June 29, 2022 An affirmative vote from a majority of all outstanding shares is required to approve Proposal 2 PHOENIX , June 21, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today issued the following letter to its stockholders urging them to vote before the Company's 2022 Annual Meeting of Stockholders to be held virtually on June 30, 2022, at 9:00 a.m.

Nikola Urges Stockholders to Vote NOW "FOR" Each Proposal Before Annual Meeting on June 30, 2022

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Nikola Corporation (NASDAQ:NKLA ) Evercore ISI Global Clean Energy & Transition Technologies Summit June 15, 2022 2:00 PM ET Company Participants Kim Brady - CFO Conference Call Participants Chris McNally - Evercore ISI Chris McNally Well, hello, everyone. And welcome to -- again back to the penultimate session of Evercore's Clean Energy and Transition Technologies.

Nikola Corporation (NKLA) Presents at Evercore ISI Global Clean Energy & Transition Technologies Summit (Transcript)

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Nikola Corporation (NASDAQ:NKLA ) Deutsche Bank Global Auto Industry Conference Call June 16, 2022 10:25 AM ET Company Participants Kim Brady - Chief Financial Officer Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner Emmanuel Rosner, I'm the lead U.S. auto and automotive technology analyst here at Deutsche Bank. I'm very pleased to be joined this morning by Kim Brady, who's the CFO of Nikola.

Nikola Corporation (NKLA) Management Presents at Deutsche Bank Global Auto Industry Conference Call Transcript

Electric-truck maker Nikola Corp is "evaluating options" to make its own battery cells in 2024, Chief Financial Officer Kim Brady said on Thursday.

EV maker Nikola 'evaluating' making its own battery cells, says CFO

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Vote by phone: (855) 935-2562 or 1-(207) 607-7123 Vote online at www.proxyvote.com An affirmative vote from a majority of all outstanding shares is required to approve Proposal 2 Stockholders as of the close of business on April 4, 2022, need to VOTE by 11:59 p.m., Eastern Time on June 29, 2022 PHOENIX , June 13, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today issued the following letter to Nikola stockholders urging them to vote ahead of the Company's 2022 Annual Meeting of Stockholders to be held virtually on June 30, 2022, at 9:00 a.m.

Nikola Stockholders: Vote NOW "FOR" Each Proposal Ahead of Annual Meeting on June 30, 2022

This morning Nikola announced qualifying for an important New York truck voucher program. NKLA stock is down slightly despite the strong news.

NKLA Stock News: Nikola Customers in New York Qualify for Major Incentive

Nikola's New York-based customers eligible for up to $185,000 incentive per truck PHOENIX , June 9, 2022 /PRNewswire/ --  Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, announced that its Nikola Tre battery-electric vehicle (BEV) has been deemed eligible for the New York Truck Voucher Incentive Program (NYTVIP). NYTVIP provides vouchers, or discounts, to fleets across New York State that purchase or lease medium- and heavy-duty zero-emission battery electric vehicles (BEV).

Nikola Tre BEV Approved for the New York Truck Voucher Incentive Program as Zero-Emission Vehicle

Walmart

Nikola was mentioned as one of Walmart's zero-emissions partners in a news release today. NKLA stock is up 8% as a result.

Nikola News: Walmart Trial Sends NKLA Stock Soaring Double Digits

Nikola Corporation (NASDAQ: NKLA) shares are trading higher after Walmart Inc. (NYSE: WMT) announced a proof of concept with the company to expand its transportation partnerships to reduce emissions. Later this summer, Walmart aims to run a battery-electric day cab proof of concept with.

Why Nikola Shares Are Rising

Annual Meeting scheduled for June 30, 2022, at 9:00 a.m. Pacific Time Nikola urges ALL stockholders of record at the close of business on April 4, 2022, who have not yet voted, to vote by 11:59 p.m.

Nikola Urges Stockholders to Vote "FOR" Each Proposal at Annual Meeting in Letter to Stockholders

The mean of analysts' price targets for Nikola (NKLA) points to a 66.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 67% Upside in Nikola (NKLA): Can the Stock Really Move This High?

PHOENIX , June 6, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced its participation in the following investor conferences: Kim Brady, CFO, will participate in a fireside chat at the Evercore ISI Global Clean Energy & Transition Technologies Summit on June 15, 2022, at 2 p.m. ET   A webcast replay of the presentation will be accessible on the Investor section of the Nikola website https://nikolamotor.com/investors/news?active=events.

Nikola to Participate in Upcoming Investor Conferences

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News for Nikola Stock (NKLA)