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.

Earnings data Q1 2021

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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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Nikola Corporation (NKLA) Mark Russell on Q1 2021 Results - Earnings Call Transcript

The company says it's moving ahead with plans to start commercial production this year with deliveries to start in the fourth quarter of 2021.

Nikola Jumps On Smaller-Than-Expected Loss, Electric Truck Plans As SEC Review Grinds On

Nikola Corp. in a filing Friday disclosed a new U.S. Securities and Exchange Commission inquiry. The electric-truck maker said it received a subpoena on March 24 from the Division of Enforcement.

Nikola Corp. details new SEC probe

Nikola Corp on Friday warned of supply constraints of batteries, chips, touch screens and other parts.

Nikola warns of supply constraints of batteries, chips and touch screens

Nikola Corporation (NASDAQ: NKLA) shares are trading higher after the company reported better-than-expected EPS results. Nikola reported first quarter adjusted earnings per share results of $(0.14), which beat the $(0.27) analyst estimate.

Why Is Nikola's Stock Trading Higher Again Today?

The hydrogen-powered trucking start-up reported a smaller-than-expected loss—not all that meaningful for an operation without sales but a sign of spending discipline.

Nikola Earnings Were Fine. It's Still About the Future.

Shares of Nikola Corp. rallied 3.6% in premarket trading Friday, putting them on an early track to snap a 8-session losing streak, after the electric vehicle maker reported a narrower-than-expected first-quarter loss while reporting no revenue, which was in line with forecasts. Net losses widened to $120.2 million, or 31 cents a share, from $33.1 million, or 12 cents a share, in the year-ago period.

Nikola stock rises, toward snapping 8-day losing streak, after narrower-than-expected loss

PHOENIX, May 7, 2021 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter ended March 31, 2021. "During the first quarter Nikola continued to deliver on our previously communicated milestones and execute on our business plan," said Mark Russell, Nikola's Chief Executive Officer.

Nikola Corporation Reports First Quarter 2021 Results

The deal is with Total Transportation Services in Southern California, but don't expect to see the trucks hauling goods just yet.

Nikola Receives an Order for 100 Zero-Emission Trucks

Prevailing adverse impact of the series of unfortunate events occurring in 2020 is likely to reflect on Nikola's (NKLA) Q1 results.

What's in Store for Nikola (NKLA) This Earnings Season?

Investors continue to turn away from SPACs.

Why Nikola Stock Lost 17% Last Month

Nikola Corp said on Thursday it signed a letter of intent with port trucking firm Total Transportation Services Inc for trials and possible order of 100 vehicles from the electric-truck maker.

Nikola may seal order for 100 EVs from port trucking firm

Shares of Nikola Corp. bounced 5.4% in premarket trading Thursday, putting them on track to snap a seven-day losing streak, after the electric vehicle maker announced a letter of intent (LOI) for the order of 100 semi-trucks. The LOI is part of a collaboration with California-based port trucking company Total Transportation Services Inc. to expedite zero-emission transportation at the port of Los Angeles/Long Beach.

Nikola stock bounces after LOI for an order of 100 electric vehicles for port trucking company

PHOENIX, May 6, 2021 /PRNewswire/ -- Nikola Corporation  (NASDAQ: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced a collaboration with Total Transportation Services Inc. (TTSI), one of Southern California's prominent port trucking companies, to expedite zero-emission transportation at the port of Los Angeles/Long Beach. The collaboration includes vehicle trials and a Letter of Intent (LOI) to order 100 Nikola Class 8 battery-electric vehicle (BEV) and fuel-cell electric vehicle (FCEV) semi-trucks.

Nikola And Total Transportation Services Inc. Sign LOI For 100 Nikola Trucks

The Phoenix-based company, which intends to deliver its first electric trucks later this year, will work with Total Transportation Services Inc., a drayage company whose trucks haul loads in and out of the ports of Los Angeles and Long Beach, to evaluate the performance of its Nikola Tre in its d.

Nikola May Snag Order For 100 Battery, Hydrogen Big Rigs From Los Angeles Ports Trucker

Electric truck maker Nikola Corp. (NASDAQ: NKLA) took a paper loss from reclassifying stock warrants as liabilities following stricter guidance from the Securities and Exchange Commission (SEC) on blank check companies merging with pre-revenue startups. Nikola was an early target last year in what would become a flurry of special purpose acquisition company (SPAC) mergers.

Nikola restates SPAC stock warrants following new SEC guidance

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Nikola will report first-quarter results Friday as the chip supply crunch threatens key milestones for this year. The post Nikola To Report As Chip Squeeze May Put 2021 Milestones At Risk appeared first on Investor's Business Daily.

Nikola To Report As Chip Squeeze May Put 2021 Milestones At Risk

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EV Company News For The Month Of April 2021

PHOENIX, April 29, 2021 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its first quarter ended March 31, 2021 financial results on Friday, May 7, 2021. On that day, Nikola's management will hold a conference call and webcast at 9:30 a.m.

Nikola Corporation Announces Time Change for First Quarter 2021 Results and Webcast: Webcast to Occur on Friday, May 7 at 9:30 a.m. ET

PHOENIX, April 27, 2021 /PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its first quarter ended March 31, 2021 financial results after market close on Friday, May 7, 2021. On that day, Nikola's management will hold a conference call and webcast at 4:30 p.m.

Nikola Corporation Announces Date for First Quarter 2021 Results and Webcast

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News for Nikola Stock (NKLA)