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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Nikola has announced a partnership with TravelCenters to build two fueling stations in California. Nikola could turn into a revenue machine if their trucks get past all safety tests and begin to sell in Q4 of this year.

Nikola: The Story Isn't Over Yet

The stock price of Nikola Corporation (NASDAQ: NKLA) fell by over 4% pre-market. This is why it happened.

NKLA Stock: Over 4% Increase Pre-Market Explanation

TravelCenters of America

The two companies plan to construct the first two stations at existing TA﻿TA﻿-Petro locations in California and they will be operating by the first quarter of 2023.

Nikola Shares Get Jolt After Joining TravelCenters Of America To Create Hydrogen Fueling Network

Nikola Corp. (NASDAQ:NKLA) traded sharply higher Thursday after the company announced it would collaborate with TravelCenters Of America, installing fuel stations at existing TA-Petrol sites.

Nikola's Stock Surges And Looks Ready To Break Out Even Further

Nikola Corp. (NASDAQ: NKLA) will partner with TravelCenters of America (NASDAQ: TA) to build two hydrogen fueling stations for fuel cell trucks in California. It is Nikola's second hydrogen infrastructure deal in a week.

TravelCenters of America and Nikola plan California hydrogen stations

Nikola soared as much as 24% on Thursday after its board member Jeffrey Ubben defended the electric vehicle company in an interview with CNBC's David Faber. Ubben told CNBC's David Faber that despite the controversy over its founder and former chairman and ceo Trevor Milton, the company had its head down and is working towards achieving its goals.

Nikola jumps 24% as board member Jeffrey Ubben defends the EV maker following scandal-induced 90% collapse (NKLA)

Fisker Inc

Lordstown Motors

While Nikola announced a deal to help the future of its fuel cell products, a downgrade hit the other electric vehicle makers.

Why Nikola Stock Popped, While Fisker and Lordstown Dropped Today

The stock price of Nikola Corporation (NASDAQ: NKLA) increased by over 24% during intraday trading. This is why it happened.

NKLA Stock: Over 24% Increase Intraday Explanation

Ocugen, Inc.

Favorable news from two key sectors helped support the broader market.

Why Ocugen and Nikola Are Powering the Nasdaq Higher

This may be the beginning of a beautiful, hydrogen-powered friendship.

Nikola and TravelCenters of America to Partner on Developing Hydrogen Fueling Stations

Nikola Corporation (NASDAQ:NKLA) shares are trading higher by 17% Thursday morning after the company announced that it would collaborate with TravelCenters Of America on the installation of hydrogen fueling stations at two existing TA-Petro sites. Nikola is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems and hydrogen fueling station infrastructure.

What's Happening With Nikola And Fisker Today?

The plans include installing hydrogen fueling stations for heavy-duty trucks at two sites in California as "a first step" in exploring a nationwide network.

Nikola shares surge on hydrogen fuel station plans with TravelCenters of America

Nikola (NKLA) stock is charging up on Thursday after announcing plans to set up two hydrogen fueling stations in California. The post NKLA Stock: The Hydrogen-Fueling Stations News Charging Up Nikola Today appeared first on InvestorPlace.

NKLA Stock: The Hydrogen-Fueling Stations News Charging Up Nikola Today

Tesla

Electric vehicle companies NIO Inc. (NYSE:NIO), Tesla, Inc. (NASDAQ:TSLA), and Nikola Corporation (NASDAQ:NKLA) are all trading close to support. This means there is a good chance they rally.

3 EV Stocks That Are At Important Support Levels And Could Rebound

PHOENIX, April 22, 2021 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA) (Nikola), through its Nikola Energy division, and TravelCenters of America Inc. (Nasdaq: TA) (TA-Petro), the largest publicly-traded operator/franchisor of full-service travel centers in the United States, have agreed to collaborate on the installation of hydrogen fueling stations for heavy-duty trucks at two existing TA-Petro sites. This collaboration is a first step for the parties to explore the mutual development of a nationwide network of hydrogen fueling stations.

Nikola Energy And Travelcenters Of America To Deploy Hydrogen Fueling Infrastructure

Bloom Energy

Plug Power

The alternative energy company stocks are bouncing after extended recent drops.

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

Churchill Capital Corp IV

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XPeng

I take a look at the valuation of the EV space using bullish assumptions about market share capture.

Electric Vehicles: 100% Market Share Is Not Enough

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Analysts' consensus price targets imply that these stocks can more than double over the next 12 months.

5 Stocks With 103% to 146% Upside, According to Wall Street

Stocks in the alternative energy sector continue to be hit by analysts and investors.

Why Nikola Stock Dropped 6% Tuesday

Wedbush cut its Nikola price target in half Monday morning as its analysts questioned the electric automaker's ability to follow through on its ambitious forecasts in a timely manner. "Overall we still believe the company's EV and hydrogen fuel cell ambitions are hittable in the semi- truck market, although we still have clear concerns that the execution and timing of these ambitious goals stay on track over the coming years,"a team of analysts led by Dan Ives said. The firm cut its target from $25 to $13. Shares of Nikola fell as much as 6.1% Monday morning to $10.31. The electric automaker is down nearly 31% year-to-date.

Nikola's stock-price target cut in half at Wedbush as the firm questions the electric automaker's ability to hit its ambitious forecasts (NKLA)

The new level is still well above where the EV maker's stock currently trades.

Wedbush Analyst Slashes Nikola Price Target by Nearly Half

Shares of Nikola Corp. dropped 1.3% in premarket trading Monday, after Wedbush analyst Dan Ives chopped his price target nearly in half, citing concerns over execution and timing of company's "ambitious" goals. Ives kept is rating on the electric vehicle maker at neutral, which was raised from underperform in February, but slashed his price target to $13 from $25.

Nikola stock drops after Wedbush's Ives cuts price target nearly in half

Li Auto Inc.

There has been a brutal sell-off in electric vehicle stocks and there' a chance they go even lower Last June, shares of Nikola Corporation (NASDAQ:NKLA) traded above the $80 level and they're now trading just above support at $10. This is where the shares were last April when the stock started to soar.

3 EV Stocks Set To Go Even Lower

It's been a real-life downhill ride in NKLA stock and today's continued bearish cargo suggests a trend in motion will remain in motion. The post It's All Downhill for Nikola Stock appeared first on InvestorPlace.

It's All Downhill for Nikola Stock

Nikola could sink 27% from current levels due to "daunting operational headwinds" and consistent insider sales, according to CFRA Research. In a note to clients on Thursday, Garret Nelson, a senior equity analyst at CFRA Research, reiterated his "sell" rating on Nikola and lowered his price target to $8 per share from $12.

News for Nikola Stock (NKLA)