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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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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A large shareholder is cutting its stake in the electric-vehicle maker.

Why Nikola Stock Fell Today

The truck maker's shares are now down around 70% from its recent highs.

Why Nikola Stock Is Tumbling Again

Zoom Video

One of the most common questions traders have about stocks is “Why Is It Moving?” That's why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro.

What's Happening With Nikola Stock And Zoom Stock Today?

South Korea's Hanwha will halve its Nikola stake, while Rivian's electric vans are being tested in San Francisco. The post Another Nikola Investor To Slash Stake While Rivian Expands Road Test appeared first on Investor's Business Daily.

Another Nikola Investor To Slash Stake While Rivian Expands Road Test

The shares of Nikola Corporation (NASDAQ:NKLA) are falling, down 5.8% at $15.43 at last check, after South Korean strategic partner Hanwha decided to sell up to half of its 5.65% stake in the company this year.

NKLA Plummets Following Hanwha's Decision to Cut Stake

Lordstown Motors

Shares of Nikola Corp, hit by a key investor cutting its stake, and Lordstown Motors, targeted by a regulatory inquiry, slumped on Thursday in the latest sign of pressure for once high-flying electric-vehicle makers.

Nikola, Lordstown shares drop in latest sign of turbulence for EV sector

Nikola Corp said on Wednesday that South Korea's Hanwha Corp has decided to sell up to half of its stake this year, setting out to reduce its bets on the prospects of the electric-truck maker.7

Nikola strategic partner Hanwha to cut its bet on electric-truck maker by half

South Korea's Hanwha Group intends to sell half its stake in electric-truck maker Nikola Corp.

Nikola strategic partner Hanwha to sell half its stake

The stock price of Nikola Corporation (Nasdaq: NKLA) fell by over 3% pre-market. This is why it happened.

NKLA Stock Price Falls Over 3% Pre-Market: Why It Happened

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Is Now The Time To Buy Stock In Pinduoduo, Starbucks, Roblox, Moderna Or Nikola?

Stocks were mixed on Tuesday as all eyes were on the Federal Reserve's monetary policy meeting this week.

Nikola Drops, and Stocks Are Mixed as Markets Await the Fed

Nikola Corporation (NASDAQ: NKLA) is planning to raise capital by the way of a $100 million stock sale to investors, according to a filing with the United States Securities and Exchange Commission. What Happened: The automaker said in the filing, first noticed on the Financial Times, it intends to use the net proceeds from the offering for “general corporate purposes” and for funding the completion of its manufacturing facility in Arizona.

Nikola Looks To Raise $100M Via Stock Sale As It Eyes Completion Of Arizona Factory

Nikola Corp. has filed to sell $100 million worth of shares, and the stock fell more than 3% in the extended session Monday after ending the regular trading day up 0.2%. Proceeds will be used for general corporate purposes, "which may include providing funding to complete our Arizona manufacturing facility," as well as the ongoing development of commercial electric and fuel-cell commercial and hydrogen-station infrastructure, Nikola said.

Nikola stock falls after company files for share offering

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Norway's central bank, home of the world's largest sovereign-wealth fund, disclosed the moves in a filing with the Securities and Exchange Commission.

One Bank Made Big Bets on Apple, Tesla, and a Heap of Other EV Stocks

Hindenburg Research, the short-seller that accused Nikola of "intricate fraud" and unraveled its deal with General Motors, is taking aim at another electric-vehicle startup.  The firm said Friday it is taking a short position in Lordstown Motors, accusing the company of pumping up preorder numbers to generate investor interest in a lengthy report. Like many EV startups, Lordstown went public through a special-purpose acquisition company in October.

The short-seller that uncovered fraud at Nikola is accusing another upstart EV maker of misleading investors (RIDE, NKLA)

Now that it can buy cheap electricity to make hydrogen in Arizona, Nikola Corp. (NASDAQ: NKLA) no longer needs fueling station partners who balked after the startup's months of distractions and ongoing federal probes into fraudulent claims. “Things are changing,” Nikola CEO Mark Russell told FreightWaves in a recent interview.

No partners, no problem: Nikola may do hydrogen stations solo

Investors betting on NKLA stock are taking a leap of faith right now with respect to this company's ability to create a new market. The post Investors Are Absolutely Correct to Have Lost Faith in Nikola appeared first on InvestorPlace.

Investors Are Absolutely Correct to Have Lost Faith in Nikola

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These companies are making their own contributions to developing hydrogen fuel infrastructure.

Why Nikola and Hydrogen Fuel Stocks Jumped Today

The shares of Nikola Corporation (NASDAQ: NKLA) have received a price target decrease from $33 to $30. These are the details.

NKLA Stock Price: $30 Target (Down From $33) By JPMorgan

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Company-specific news combined with a market rotation are leading these names lower.

Why Workhorse Group, Nikola, and Churchill Capital IV Stocks Dropped Friday

Shares of Nikola dropped as much as 12% on Friday after JPMorgan downgraded the fuel-cell truck developer to neutral from overweight, according to a research note. JPMorgan's drive to downgrade Nikola was "a tactical move" based more on the timing of future catalysts than the underlying fundamentals, the note said.

Nikola slides 12% after JPMorgan downgrades to neutral given that the 'good news is priced in the stock'

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With the trading day about halfway over, the broad markets pushed lower after a decent start to the day.

Boeing, Cisco, Nikola, Oracle and More Friday Afternoon Analyst Calls

Nikola stock is slipping because one bull downgraded shares, and because founder Trevor Milton is selling shares.

2 Reasons Why Nikola Stock Is Falling

Nikola Corp. was downgraded at J.P. Morgan, for what analyst Paul Coster said was for "tactical" reasons, including shorter-term concerns over valuation.

The Ratings Game: Nikola downgraded at J.P. Morgan for ‘tactical' reasons, including timing and valuation

Nikola has done a bit more than give a “mistakes were made” defense. And that should put the matter to rest.

News for Nikola Stock (NKLA)