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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Earnings data Q4 2024

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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The Nikola (NASDAQ: NKLA) stock price jumped by as much as 5% on Thursday as investors cheered the latest investor presentation. The shares rose to an intraday high of $10.80, which was the highest level since January 14th.

Nikola stock price forecast after hitting an important resistance

Nikola Corporation (NASDAQ: NKLA) gapped up over 17% higher on Thursday after an announcement earlier in the week that it would begin commercial truck production, brought renewed interest into the company. The stock is also trading higher in a strong uptrend.

How To Trade Nikola's Surging Stock As Commercial Truck Production Begins

The maker of electric semi trucks is finally walking the walk.

Why Nikola Stock Surged Today

Nikola Corp   (NASDAQ:NKLA ) is surging today, last seen up 13.7% to trade at $10.39.

Nikola Stock Pops as U.S. Electric Truck Production Starts

Nikola Corp shares (NASDAQ: NKLA) are up nearly 20% in premarket trading after the EV company said production for “Tre” had started at its Coolidge facility. Deliveries to start in the second quarter The Phoenix-headquartered company is scheduled for its annual investor day later on Thursday.

What made Nikola shares pop up 20% in premarket trading?

Nikola is set to beat Tesla to market with its electric semi-truck, which has an expected range of 350 miles per charge.

Original SPAC-meme stock Nikola soars 17% after it begins production of its first electric vehicle

Nikola Corp (NASDAQ: NKLA) shares are surging Thursday morning after the company announced it started truck production earlier this week. Commercial truck production was originally slated to start by the end of the second quarter, but the company said it already.

Why Nikola Shares Are Soaring Today

Trip.com

After a tough Wednesday, stocks prepared to rally in premarket trading.

Why Nikola and Trip.com Are Leading the Nasdaq Higher Thursday

Nikola says production has begun on its battery-electric commercial truck, the Tre.

Nikola Stock Soars Because Management Did What It Said It Would Do

Nikola Corp shares rose about 9% in premarket trade on Thursday, a day after the company said it had started production of its electric truck.

Nikola shares rise as it starts manufacturing electric trucks

Nikola Stock Rises as Production Begins on Battery-Electric Truck

Nikola Corp. NKLA, -0.65% late Wednesday confirmed it started production of its electric commercial truck, the Tre, last week at its Coolidge, Ariz., factory. The EV maker had aimed for that when it reported fourth-quarter earnings last month.

Nikola confirms start of production of commercial electric truck

The battery-electric version of the Tre is intended for shorter routes, with an estimated range of about 350 miles.

Electric vehicle start-up Nikola has begun production of its first battery-electric semitruck

Nikola Corp (NASDAQ: NKLA) shares are trading higher in Wednesday's after-hours session following reports truck production started this week. Commercial truck production was originally slated to start by the end of the second quarter, but reports indicate that Nikola began production.

What's Driving Nikola Shares Higher After Hours?

Alta Equipment Group Inc (NYSE: ALTG) has secured the Arizona sales and service territory for Nikola Corp (NASDAQ: NKLA). Deal terms not disclosed.

Alta Expands Nikola Dealer Network To Arizona

LIVONIA, Mich. & PHOENIX--(BUSINESS WIRE)---- $ALTG--Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of construction and material handling equipment, today announced that it has been awarded the Arizona sales and service territory for Nikola Corporation (NASDAQ: NKLA) (“Nikola”), a global leader in zero-emissions transportation and energy infrastructure solutions. This agreement further expands Alta's dealer territory with Nikola beyond the NY, NJ, eastern PA and New England markets,

Alta Equipment Group Expands Nikola Dealer Network to Arizona

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Why Nikola, Plug Power, and Bloom Energy Stocks Rose Today

Investors seem to think shares have gone low enough.

Why Nikola Stock Is Popping This Week

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Nikola said the increase – from 600 million to 800 million shares – is in the "best interests" of the Company and its shareholders.

Nikola wants to increase shares by 200 million as it ramps up electric truck production

A midnight earnings report from Ballard Power weighs on the share prices of its fuel cell peers.

Why Plug, Bloom Energy, and Nikola Stocks Dropped Today

Nikola Corp. will ask shareholders to dilute their holdings in the startup electric truck manufacturer by authorizing 200 million new shares, proceeds from which could scale electric truck operations or fight off a hostile takeover attempt.   The putative poison pill defense could ward off acquirers aware that Nikola shares are cheap, closing Friday at $7.52 after touching $93 in the days after its SPAC merger in June 2020.

Nikola wants to add 200M common shares that could raise $1.5B

The average of price targets set by Wall Street analysts indicates a potential upside of 117.7% in Nikola (NKLA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See an 118% Upside in Nikola (NKLA): Can the Stock Really Move This High?

Positive progress with the business and macro tailwinds helped the stock recover this week.

Why Nikola Stock Has Been Soaring This Week

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Over the next four to five years, these electric vehicle (EV) stocks are expected to deliver aggregate sales growth of no less than 38,900%!

News for Nikola Stock (NKLA)