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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With so much uncertainty surrounding its potential GM partnership, it's not worth going long (or short) NKLA stock at today's prices. The post Steer Clear of Nikola Stock Despite Recent Developments appeared first on InvestorPlace.

Steer Clear of Nikola Stock Despite Recent Developments

Los Angeles, California--(Newsfile Corp. - November 12, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nikola Corporation ("Nikola" or "the Company") (NASDAQ: NKLA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 4, 2020 and October 15, 2020, inclusive...

DEADLINE MONDAY ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nikola Corporation and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm

Investors need to pay close attention to Nikola (NKLA) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Nikola (NKLA) Stock?

San Francisco, California--(Newsfile Corp. - November 11, 2020) - Hagens Berman urges Nikola Corporation (NASDAQ: NKLA) investors to contact the firm now. A securities fraud class action has been filed and certain investors may have valuable claims. Class Period: Mar. 3, 2020 - Sept. 20, 2020Lead Plaintiff Deadline: Nov. 16, 2020Visit: www.hbsslaw.com/investor-fraud/NKLA Contact An Attorney Now: NKLA@hbsslaw.com 844-916-0895Nikola Corporation (NKLA) Securities Class Action:The Complaint alle

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Nikola (NKLA) Investors to Monday Lead Plaintiff Deadline, UPDATE - Company Received 3 Subpoenas in September, Investors with $500k+ Losses Should Contact the Firm

New York, New York--(Newsfile Corp. - November 11, 2020) -  Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action that has been filed on behalf of investors that purchased or acquired the securities of Nikola Corporation ("Nikola" or the "Company") (Nasdaq: NKLA) between March 3, 2020 and October 15, 2020 (the "Class Period"). The lawsuit filed in the...

DEADLINE FOR NKLA INVESTORS: Bernstein Liebhard Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Nikola Corporation

VectoIQ Acquisition Corp

New York, New York--(Newsfile Corp. - November 11, 2020) -  Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Nikola Corporation (NASDAQ: NKLA) (NASDAQ: NKLAW), f/k/a VectoIQ Acquisition Corp. (NASDAQ: VTIQ) (NASDAQ: VTIQW) (NASDAQ: VTIQU), between March 3, 2020 and October 6, 2020, inclusive (the "Class Period"), of the important November 16, 2020 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to...

INVESTORS WITH LOSSES IN EXCESS OF $5 MILLION SHOULD CONTACT ROSEN LAW FIRM in Advance of Important November 16 Deadline in Securities Class Action - NKLA, NKLAW, VTIQ, VTIQW, VTIQU

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Don't base your investing decisions on the words spouted by politicians. Instead, hold NKLA stock as a wager on clean-energy innovation.

Ignore the Governmental Gridlock and Stick With Nikola Stock

San Francisco, California--(Newsfile Corp. - November 10, 2020) -  Hagens Berman urges Nikola Corporation (NASDAQ: NKLA) investors to contact the firm now. A securities fraud class action has been filed and certain investors may have valuable claims.Class Period: Mar. 3, 2020 - Sept. 20, 2020Lead Plaintiff Deadline: Nov. 16, 2020Visit: www.hbsslaw.com/investor-fraud/NKLAContact An Attorney Now: NKLA@hbsslaw.com844-916-0895Nikola Corporation (NKLA) Securities Class Action:The Complaint alle

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Nikola (NKLA) Investors to November 16th Lead Plaintiff Deadline, UPDATE - Company Received 3 Subpoenas in September, Investors with $500k+ Losses Should Contact the Firm

New York, New York--(Newsfile Corp. - November 10, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Nikola Corporation (NASDAQ: NKLA) (NASDAQ: NKLAW), f/k/a VectoIQ Acquisition Corp. (NASDAQ: VTIQ) (NASDAQ: VTIQW) (NASDAQ: VTIQU), between March 3, 2020 and October 6, 2020, inclusive (the "Class Period"), of the important November 16, 2020 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks...

Rosen, The First Filing Firm, Reminds Nikola Corporation Investors of Important November 16 Deadline in Securities Class Action - NKLA, NKLAW, VTIQ, VTIQW, VTIQU

Nikola Corp.'s third-quarter results were "uneventful" and likely did little to change investor sentiment toward the stock "until there is clarity on critically needed partnerships," including one with General Motors Co. on fuel cells and batteries, analysts at Deutsche Bank said in a note Tuesday. "The uncertainty around the partnerships and the technical factors continue to keep us on the sidelines," the analysts said, keeping their hold rating on the stock.

Nikola's Q3 results 'uneventful,' and some clarity still needed: Deutsche Bank

Nikola Motor Company, a manufacturer of electric and fuel cell trucks, announced in a regulatory filing Monday that it has received subpoenas from the Securities and Exchange Commission and the Department of Justice in connection to fraud allegations leveled at the company by a short-seller.

Nikola Motor reveals it received subpoenas from DOJ, SEC

The company reported a loss of $117.5 million, or 31 cents per share for the third quarter, as compared to a loss of $15.5 million, or 6 cents per share in the same period last year.

Nikola Corporation (NASDAQ: NKLA) reports another quarterly loss

In its quarterly SEC filing, the company said that it and founder Trevor Milton have received subpoenas related to accusations in a short-seller report.

Nikola Reveals SEC and Justice Department Subpoenas in September

Electric-truck maker Nikola revealed late Monday that it was hit with a grand jury subpoena from the Justice Department in September amid accusations that the company has lied about its technology. The embattled startup's former CEO Trevor Milton — who left the company following a slew of allegations by a short-seller claiming that the company was an.

Nikola discloses subpoenas from DOJ, SEC and New York DA

Los Angeles, California--(Newsfile Corp. - November 10, 2020) -  The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nikola Corporation (NASDAQ: NKLA) ("Nikola" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 4, 2020 and September 9, 2020, inclusive...

MONDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nikola Corporation and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm

Nikola is trying to adjust to life without Trevor Milton. However, with the GM contract in serious doubt, NKLA stock is vulnerable to further downside.

There's No Reason to Believe in Nikola Stock Anymore

Nikola and its founder Trevor Milton received grand jury subpoenas from the U.S. Department of Justice in September.

Nikola discloses grand jury subpoenas from DOJ.

Nikola Corp and its founder Trevor Milton received grand jury subpoenas from the U.S. Department of Justice in September in connection to allegations of fraud by short-seller Hindenburg, the electric-truck maker said in a regulatory filing late on Monday.

Nikola discloses grand jury subpoenas from DOJ

Not all electric vehicle makers are created equal.

Here's Why I Wouldn't Touch Nikola Stock With a 10-Foot Pole

Nikola Corporation (NASDAQ: NKLA), in a regulatory filing on Monday, disclosed that the company is facing legal proceedings from multiple federal bodies, stemming from the short seller allegations in September. The electric vehicle company, along with current and former employees, has received a myriad of subpoenas from the U.S. Securities and Exchange Commission, the Department of Justice, the Attorney Office for the Southern District of New York, and the New York County District Attorney's Office.

Nikola, Founder Trevor Milton Subpoenaed By DOJ

Nikola's (NKLA) CEO Mark Russell on Q3 2020 Results - Earnings Call Transcript

Officially, Nikola Corp. (NASDAQ: NKLA) is still talking with General Motors (NYSE: GM) about a tie-up to get batteries and fuel cells for its electric trucks. But CEO Mark Russell characterizes the GM products as backup plans, perhaps softening the blow if a deal is not reached.

News for Nikola Stock (NKLA)