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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Prothena

Nikola Corp. has signed a multiyear deal with battery maker Proterra Inc. to use Proterra battery packs in its electric trucks. It is the first Class 8 truck maker to align with Proterra Powered, a newer business unit of the company best known for electric transit buses.

Nikola signs multiyear deal for Proterra battery technology

PHOENIX, Jan. 18, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its fourth quarter and full year ended December 31, 2021 financial results on Thursday, February 24, 2022. On that day, Nikola's management will hold a conference call and webcast at 9:30 a.m.

Nikola Corporation Announces Date for Fourth Quarter and Full Year 2021 Results and Webcast

The decline is all about interest rates, but Nikola had some good news to share.

Why Nikola Stock Is Lower Today

Proterra

Nikola Corp (NASDAQ: NKLA) has signed a multi-year supply agreement with Proterra Inc (NASDAQ: PTRA) to power its zero-emission semi-trucks with Proterra's battery technology. The financial terms were not disclosed.

Nikola Inks Battery Supply Agreement With Proterra

PHOENIX , Jan. 18, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA). a global leader in zero-emission transportation and energy infrastructure solutions, and Proterra Inc (Nasdaq: PTRA), a leading innovator in commercial vehicle electrification technology, today announced a strategic, multi-year supply agreement to power Nikola zero-emission semi-trucks with Proterra's industry-leading battery technology.

NIKOLA AND PROTERRA AGREE TO LONG-TERM BATTERY SUPPLY FOR ZERO-EMISSION CLASS 8 SEMI TRUCKS

CARB approves Nikola's (NKLA) Tre BEV range as a zero-emission vehicle. Covenant Logistics signs a LOI with the EV-startup for its Tre BEVs and Tre FCEVs.

Nikola (NKLA) Gets CARB Nod for Tre BEV, Partners Covenant

Apple

DNB Asset Management significantly raised investments in some of the most volatile stocks, including AMC Entertainment, Apple, NIO, and Nikola.

Big Investor Tripled Its AMC Stake and Bought Apple, NIO, and Nikola Stock

Nikola (NKLA) closed at $10.08 in the latest trading session, marking a -1.18% move from the prior day.

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

Nikola received approval from the California Air Resource Board qualifying purchasers for a hefty inventive. Will NKLA stock see a boost?

Dear NKLA Stock Fans, Here's the Latest Catalyst You Should Be Watching

The stock price of Nikola Corp (NASDAQ: NKLA) increased by over 3% during intraday trading today. This is why it happened.

Nikola Stock (NKLA): Why The Price Went Up Today

The company got some very good news from the state of California.

Why Nikola Stock Is Up Again Today

Nikola Corp (NASDAQ: NKLA) is trading higher Thursday after the company announced its Tre battery-electric vehicle has been deemed eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project program by the California Air Resources Board. Following the approval, purchasers of the Nikola TRE operating in the state of California are able to qualify for an incentive valued at $120,000 per truck.

Why Nikola Shares Are Rising Today

PHOENIX, Jan. 13, 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  Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project  ("HVIP") program by the  California Air Resources Board  ("CARB"). With this approval, purchasers of the Nikola Tre BEV can now qualify for an incentive valued at $120,000 per truck, helping to reduce the total cost of ownership for any purchaser operating in the state of California.

NIKOLA TRE BEV APPROVED BY CALIFORNIA AIR RESOURCES BOARD AS ZERO-EMISSION VEHICLE

NEW YORK, Jan. 11, 2022 /PRNewswire/ -- Moore Kuehn, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: Nikola Corporation (NASDAQ: NKLA) The investigation involves directors and officers regarding possible breaches of fiduciary duties by or related to whether insiders caused the company to make false, misleading or inaccurate statements since 2016 through the Company's IPO.  As a result of these false, misleading or inaccurate statements, on July 29, 2021, the U.S. Attorney's Office for the Southern District of New York unsealed a securities and wire fraud indictment against Trevor Milton, the founder and one-time chairman of Nikola.

Moore Kuehn, PLLC Encourages Investors of Nikola Corporation to Contact Law Firm

The company announced a small order, but there's a little more going on here.

Why Nikola Stock Is Moving Higher Today

Covenant Logistics Group Inc

Covenant Logistics Group Inc (NASDAQ: CVLG) has signed a collaboration agreement with Nikola Corp (NASDAQ: NKLA) to add 50 zero-emission vehicles to its fleet. The agreement includes a Letter of Intent (LOI) for 10 Nikola Tre battery-electric vehicles (BEVs) and 40 Nikola Tre fuel cell electric vehicles (FCEVs).

Covenant Logistics Inks Letter Of Intent For 50 Nikola Zero-Emission Vehicles

PHOENIX, Jan. 11, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, and Covenant Logistics Group, Inc. (Nasdaq: CVLG), a premier total logistics provider based in Chattanooga, Tenn., announced today a collaboration that will further Covenant's sustainability objectives by adding 50 zero-emission vehicles to their fleet.

Covenant Logistics Group, Inc. Signs Letter of Intent for 50 Nikola Tre BEVs and FCEVs

With Nikola making progress on many important fronts, NKLA stock is very attractive for long-term investors. The post Nikola Stock Is Likely to Defy the Skeptics appeared first on InvestorPlace.

Nikola Stock Is Likely to Defy the Skeptics

Cenntro Electric Group

Concerns about inflation and interest rates are driving a big tech sell-off.

Why Nio, Nikola, and Other EV Stocks Are Down Today

Saia

Nikola's (NKLA) Tre heavy-duty BEV products become popular with multiple agreements, seeking purchase and operation of the vehicles.

Nikola (NKLA) Teams Up With SAIA and Heniff for BEV Trucks

NKLA stock sees yet another reason to jump today after inking a LOI with Saia Freight. Nikola's comeback continues to pick up steam.

NKLA Stock Continues to Heat Up as 100-Truck Deal Supports Turnaround Story

The electric truck maker's stock fell 35% in 2021.

Will Nikola Stock Recover in 2022?

Shares of Nikola Corp NKLA, -4.26% rallied 4.1% in premarket trading Thursday, after the electric vehicle maker said Saia Inc.'s SAIA, -7.94% Saia LTL Freight company has signed a letter of intent (LOI) to buy or lease up to 100 of Nikola's Tre heavy-duty battery-electric trucks. The company said the trucks are expected to be delivered between 2022 and 2024, with an initial 25 trucks targeted for delivery this year.

Nikola's stock jumps after LOI for Saia to buy or lease up to 100 electric trucks

PHOENIX, Jan. 6, 2022 /PRNewswire/ --  Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced a collaboration with Saia LTL Freight (Saia), a less-than-truckload (LTL) company, to accelerate the implementation of heavy-duty electric transportation trucks. This collaboration includes a Letter of Intent (LOI) to purchase or lease 100 Nikola Tre heavy-duty battery electric vehicles (BEVs) following the satisfactory completion of a demonstration program.

SAIA SIGNS LETTER OF INTENT TO PURCHASE OR LEASE UP TO 100 NIKOLA ZERO-EMISSION TRUCKS

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News for Nikola Stock (NKLA)