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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EV Company News For The Month Of February 2022

PHOENIX, March 3, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emission transportation and energy infrastructure solutions, will host its Analyst Day on March 23, 2022, and its Investor Day on March 24, 2022. On those days, Nikola management will host a presentation on the company's leading Class 8 truck program and Energy business.

Nikola Corporation to Host Analyst and Investor Days

With several new delivery agreements underway, positive developments in NKLA stock make it a significantly less risky bet than before. The post Nikola Can Be an EV Winner as Production and Delivery Ramp Up appeared first on InvestorPlace.

Nikola Can Be an EV Winner as Production and Delivery Ramp Up

Is the heavy-duty transport segment ripe for electrification?

Nikola Moves Ahead, But These 3 Investor Risks Remain

Nikola says it is on track to see meaningful revenue in 2022.

Has Nikola Finally Turned the Corner?

The upstart truckmaker didn't generate revenue last year but after surviving a rocky period that included an SEC investigation it's about to start building battery-powered big rigs and is making plans for a large-scale hydrogen plant.

Nikola Shifting To Electric Semi Production, Building First Hydrogen Fuel Plant

Nikola investors have waited with bated breath ahead of today's pivotal earnings call. Did NKLA stock deliver on its promises?

NKLA Stock Earnings: 3 Key Things for Nikola Investors to Watch in 2022

Nikola Corp. plans to build 300 to 500 battery-electric Class 8 trucks this year and record up to $150 million in revenue. It expects to be profitable on a gross margin basis in 2023.

Nikola projects production of 300-500 battery-electric trucks in 2022

Nikola Corporation (NKLA) CEO Mark Russell on Q4 2021 Results - Earnings Call Transcript

Nikola said it expects to generate revenue of between $90 million and $150 million in 2022 on deliveries of between 300 and 500 of EV semitrucks.

Shares of EV start-up Nikola surge on earnings beat, plans to generate revenue in 2022

Electric vehicle manufacturer Nikola Corporation (NASDAQ:NKLA) tossed its hat in the earnings ring today, revealing narrower-than-expected fourth-quarter losses.

Nikola Stock Options Pop After Earnings

Nikola Corp., the electric truck startup that went public via a SPAC, is coming closer to commercial activity after a history of over-promising, missed deadlines and investigations into its founder for lying to investors. In its fourth-quarter earnings report released Thursday, Nikola ticked off a number of recent milestones and, critically, its plans to begin […]

Nikola reports EV truck progress, stiff losses as it closes out turbulent 2021

The company expects to deliver between 300 and 500 battery-electric semi trucks to customers in 2022.

Why Nikola Stock Is Up on a Down Day

Nikola Corp. (NASDAQ: NKLA) shares are trading higher Thursday after the company reported its fourth-quarter earnings. The stock reported earnings per share loss of $0.23, beating the analyst consensus estimate calling for a loss of $0.32 per share.

Nikola Rallies After Earnings: Can It Recover This Channel?

Nikola Corp said on Thursday it aimed to deliver 300 to 500 Tre BEV electric trucks this year, as it works on expanding its plant in Coolidge, Arizona.

Nikola to deliver 300-500 electric trucks in 2022

Shares of Nikola Corp. NKLA, -7.58% sank 6.2% toward a record low in premarket trading, putting them on track to suffer a sixth-straight loss, after the electric vehicle maker reported a narrower-than-expected loss but surprisingly did not record any revenue. The net loss widened to $90.4 million, or 39 cents a share, from $65.5 million, or 38 cents a share, in the year-ago period.

Nikola's stock sinks toward a record low after losses widen, but beat expectations

PHOENIX, Feb. 24, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emission transportation and energy infrastructure solutions, today announced that it has appointed Lynn Forester de Rothschild to its Board of Directors.  Forester de Rothschild is a co-founder of Inclusive Capital Partners ("In-Cap") and will now represent the group on the board, replacing In-Cap co-founder, Jeff Ubben.

LYNN FORESTER DE ROTHSCHILD NAMED TO NIKOLA BOARD OF DIRECTORS

PHOENIX, Feb. 24, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter and full-year ended December 31, 2021. "During the fourth quarter, we began delivering Pre-Series Tre BEVs to customers and dealers, and we are ramping up production in Coolidge.

Nikola Corporation Reports Fourth Quarter and Full Year 2021 Results

Zero-emissions transportation solutions provider Nikola Corp (NASDAQ: NKLA) reported a fourth-quarter FY21 loss from operations of $(162.7) million against $(146.8) million a year ago. Non-GAAP EPS loss was $(0.23) beat the consensus loss of $(0.32).

Nikola Shares Tick Higher After Q4 Earnings - Read How It Performed

Nikola Corp. has named Michael Lohscheller as its new president, reporting to CEO Mark Russell who gave up the president's title. Lohscheller's career includes leadership roles in finance, technology, purchasing and logistics at Volkswagen, where he also was executive vice president of Volkswagen Group of America.

Nikola names veteran automotive executive as president to guide global growth

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The Zacks Consensus Estimate for Nikola's (NKLA) Q4 loss is pegged at 29 cents per share. The projection calls for a deterioration from the year-ago loss of 17 cents a share.

Key Developments Influencing Nikola's (NKLA) Q4 Earnings

Michael Lohscheller is Nikola's new president. He will report to CEO Mark Russell.

Nikola Taps Former Volkswagen, Opel Exec to Ramp Truck Production.

PHOENIX, Feb. 22, 2022 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that Michael Lohscheller has been named President of Nikola Motor. Reporting to CEO Mark Russell and supported by the team that is already on the ground, he will be responsible for scaling Nikola's global truck business.

MICHAEL LOHSCHELLER NAMED NIKOLA MOTOR PRESIDENT

NKLA stock wants to regain investor favor through its Feb. 24 earnings call. Here are a few things Nikola fans should be watching.

News for Nikola Stock (NKLA)