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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The EV hype and Milton's tall claims push up Nikola's (NKLA) valuation to unrealistic levels. With not much working in favour of this automaker, it will be wise to avoid any position in the stock.

Nerves of Steel Needed to Invest in Nikola (NKLA): Are You Ready?

One Wall Street analyst is optimistic heading into the new year.

Why Shares of Nikola Are Up Today

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Obviously, we'll never forget this tumultuous year. During a calendar full of pandemic panic, economic crisis and social unrest, here are my best calls (and worst calls) of 2020.

10 Best and Worst Calls of 2020

Shares of Nikola Corp (NASDAQ: NKLA) slipped more than 8.5% on Thursday hit the lowest levels recorded in seven months after the electric truck maker abandoned the deal with Republic Services to make electric garbage trucks for the solid waste collection company. Fundamental analysis: Order cancelled Nikola faced a number of challenges this year, particularly after short sellers accused the electric truck maker of fraud three months ago, after which its founder Trevor Milton left the company.

Nikola stock price is down 63% since November. Here's why

2020 saw many significant news stories in the freight industries that extended beyond COVID. In fact, among FreightWaves' Top 10 stories of the year, COVID-related articles barely appear — showing up just once.

The FreightWaves Top 10: Bankruptcies, capacity concerns, protests and Trevor Milton's departure

After a wild roller-coaster ride in 2020 for NKLA stock, there's no reason to expect smooth sailing in the coming months. The post Hold Nikola Stock Only If You're Prepared for an Uphill Battle appeared first on InvestorPlace.

Hold Nikola Stock Only If You're Prepared for an Uphill Battle

Wall Street chimes in on the impact of a lost deal.

Why Shares of Nikola Are Down Today

The shares of Nikola Corporation (NASDAQ:NKLA) are extending yesterday's plunge to their pre-pandemic lows, after the company and Republic Services (RSG) terminated a partnership to develop electric garbage trucks.

NKLA Extends Losses After Partnership Termination

Nikola lost a major deal with Republic Services, just weeks after General Motors ditched a proposed manufacturing tie-up. The post Nikola Stock Investors Suffer Another 'Gut Punch' As One More Deal Unravels appeared first on Investor's Business Daily.

Nikola Stock Investors Suffer Another 'Gut Punch' As One More Deal Unravels

Republic Services

Nikola Corporation (NASDAQ: NKLA) dropped 10% Wednesday after the company said one of its major growth opportunities is now dead in the water. The company announced waste collection company Republic Services (NYSE: RSG) canceled its huge order of Nikola trucks.

Nikola Option Traders React To Canceled Republic Services Deal

Nikola Motor Company's plans to mass produce garbage trucks for Republic Services, one of the nation's largest waste management service providers, were canceled Wednesday morning, the latest in a string of bad news for the electric truck and hydrogen cell maker.

Nikola and Republic Services scrap their electric garbage truck

Nikola (NKLA) stock moved sharply lower after Republic Services (RSG) discontinued its collaboration on electrified refuse trucks.

Nikola (NKLA) Drops as Republic (RSG) Deal Falls Through

The stock price of Nikola Corporation (NASDAQ: NKLA) fell over 10% today. This is why it happened.

Nikola Stock Price Falls Over 10%: Why It Happened

FuelCell Energy

The Nasdaq Composite has been on a tear, but it took a pause Wednesday morning.

FuelCell Flies, Nikola Hits Nadir as Nasdaq Lags

The embattled zero-emissions commercial truck startup takes another big hit at year's end.

Nikola electric garbage truck deal with Republic Services turns to trash

Another leg of the growth story has collapsed.

Why Shares of Nikola Are Falling Today

Editor's note: Updates with new 4th paragraph with details on project cost overruns Republic Services (NYSE: RSG) has canceled an order for 2,500 battery-electric refuse trucks from Nikola Corp. (NASDAQ: NKLA), raising new questions about the electric truck startup's ability to generate revenue to keep its business plans alive. Development of the trucks based on the Nikola Tre would take too long to develop and cost more than expected, Nikola said in a press statement Wednesday.

Republic Services cancels refuse truck order from Nikola

Within days of its June initial public offering, Nikola Corp.'s (NASDAQ: NKLA) share price nearly tripled to reach a high just short of $94.

Does EV Maker Nikola Even Have a Path to Recovery?

One of the former hottest 2020 SPACs continues to fall as it loses deals and partnerships. What Happened: Former SPAC Nikola Corporation (NASDAQ: NKLA) announced Wednesday that it's ending its collaboration with Republic Services (NYSE: RSG).

Nikola Shares Roll Downhill After Termination Of Republic Services Deal

A promising collaboration has come to the end of the road.

Nikola Hits the Brakes on Deal With Republic Services

Nikola Corp. shares were sharply lower Wednesday morning after the company announced its collaboration with Republic Services to develop an electric-refuse truck have been suspended.

Nikola stock plunges as electric garbage truck deal trashed

Nikola stock investors can't seem to catch a break, as the company announced the end of a short-lived collaboration to make electric garbage trucks. NKLA stock continues its declines going into trading today.

NKLA Stock: Why Nikola Shares Are Plunging This Morning

In 2018, Nikola said it hadn't spent a single dollar of the deposits made by companies that had preordered its electric semitrucks, contradicting a claim it made in a business plan two years earlier. In a 2016 business plan, which Business Insider reviewed, Nikola said it intended to use deposit money to fund operating expenses and suggested it was already doing so.

Leaked document reveals Nikola flip-flopped on whether it would spend any of its $17 million of customer deposits to fund the Nikola One (NKLA)

Waste hauler Republic Services canceled its order for 2,500 battery-powered electric trucks from Nikola.

Nikola Got Some Very Bad News

Nikola's collaboration with Republic Services on the development and production of an electric garbage truck has ended, Nikola Corp. said in a statement on Wednesday. Shares of Nikola fell as much as 12% in Wednesday trades following the announcement.

News for Nikola Stock (NKLA)