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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Tesla

Upstart electric truck maker Nikola is dropping its $2 billion patent infringement lawsuit against Tesla in which it charged that its larger, more established rival stole parts of Nikola's design for a heavy duty truck.

Nikola drops $2 billion patent infringement suit against Tesla

Nikola Corp. has dropped its $2 billion patent infringement suit against Tesla Inc. after months of inactivity that led a federal judge to all but end the nearly 4-year-old case for the two companies. The companies have agreed to withdraw all claims and counterclaims against each other, according to a joint filing Tuesday in federal court in San Francisco, Nikola (NASDAQ: NKLA)  confirmed Wednesday.

Nikola drops $2B patent infringement suit against Tesla

Another new customer plans to buy Nikola's battery electric semi trucks.

Why Nikola Stock Jumped Higher Today

NKLA stock is up big today after the electric truck maker announced a promising new deal with USA Trucks. Is Nikola set for a comeback?

NKLA Stock: There Are 10 Reasons Nikola Is Revving Up Today

USA Truck

The companies said USA Truck plans to purchase 10 BEV trucks from Nikola and dealer Thompson Truck Centers.

Nikola Stock Jumps on Deal With USA Truck

Shares of Nikola Corporation (NASDAQ: NKLA) are up 10% on Wednesday after the company said USA Truck Inc plans on buying 10 of its battery-electric trucks. USA Truck could buy another 90 BEVs from Nikola In the press release this morning, Nikola said the logistics company will buy its BEV trucks from Thompson Truck Centres […] The post What made Nikola shares jump 10% on Wednesday?

What made Nikola shares jump 10% on Wednesday?

Embattled EV maker Nikola Corporation (NASDAQ: NKLA) has decided to call a truce with the much larger Tesla Inc (NASDAQ: TSLA) in a 3-1/2 year patent infringement lawsuit. What Happened: Nikola and Tesla on Wednesday jointly filed a notice with the U.S. District Court of the Northern District Of California, of a voluntary dismissal of the longstanding patent infringement litigation between the companies.

Nikola, Tesla Agree To Dismiss $2B Patent Infringement Lawsuit After Battling For Over 3 Years

USA Truck, Inc. (NASDAQ: USAK) entered a Letter of Intent (LOI) for an initial purchase of 10 Nikola Tre BEV trucks from Thompson Truck Centers, a member of the Nikola Corp (NASDAQ: NKLA) sales and service dealer network. Financial terms were not disclosed.

USA Truck To Purchase 10 Nikola Tre BEV Trucks

NASHVILLE, Tenn., Jan. 5, 2022 /PRNewswire/ -- USA Truck Inc. (Nasdaq: USAK) has entered into a Letter of Intent (LOI) for an initial purchase of 10 Nikola Tre BEV trucks from Thompson Truck Centers, a member of the Nikola Corporation (Nasdaq: NKLA) sales and service dealer network.

USA Truck Selects Nikola & Thompson Truck Centers

Nikola (NKLA) closed at $10.33 in the latest trading session, marking a +0.88% move from the prior day.

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

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3 Ways Nikola Could Win Back Traction in 2022

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NKLA Stock Alert: What Is Going on With Red-Hot Nikola Today?

Nikola Corp (NASDAQ:NKLA) shares are trading lower Monday morning from a premarket high of 4.5%. The stock looks to be making a jump higher once again after bouncing off a support level that has held in the past.

Nikola Stock Sees A Strong Bounce Off Support: What's Next?

The shares of Nikola Corp (NASDAQ:NKLA) are extending last week's gains, last seen up 4.1% to trade at $11.55, as investors continue to target the stock on last week's news of its first truck delivery.

Nikola Stock Extends Gains Following First Vehicle Delivery

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Production delays, fraud allegations have harmed Nikola's valuation and reputation. However, Nikola has started to make first Nikola Tre BEV deliveries in December. Next year, the company is set to ramp up truck production and deliveries.

Nikola: Set For A Big Comeback

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Why Nikola Sped Ahead While Crocs Got Socked Thursday

Electric truck maker Nikola (NKLA) is enjoying some tailwinds, after announcing it delivered the first Nikola Tre battery-electric vehicle (BEV) pilot trucks to a port trucking company in California.

Nikola Announces First Electric Truck Delivery, Says More To Come

Shares of Nikola Corporation (NASDAQ: NKLA) are up more than 20% on Thursday after the U.S. company that manufactures electric trucks delivered its first vehicle to the customer. Jim Lebenthal is not impressed Nikola also said this customer intends to buy another 100 of its EV trucks, but the news wasn't enough to impress Cerity […] The post Could Nikola outcompete the legacy automakers in the EV space?

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NKLA stock leaped today as the EV truck maker looks to the new year as a fresh start. Can Nikola leave behind 2021's controversy?

News for Nikola Stock (NKLA)