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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General Motors

Investors remain in limbo as Nikola and GM keep talking.

Nikola talks GM partnership status

Talks with General Motors over the planned partnership continue, and there are no updates on reviews by the SEC and DOJ.

Nikola Aims To Close GM Deal But Has Backup Battery, Fuel Cell Suppliers

Former SPAC Nikola Corporation (NASDAQ: NKLA) was in the spotlight Monday after reporting third-quarter earnings and updates on production. Earnings Report: Nikola announced a net loss of 16 cents per share in the third quarter.

Nikola Says Trial Production Planned For Q2 2021, GM Deal Talks Continue

Nikola Corp. posts a narrower-than-expected GAAP loss for the third quarter and assures investors talks with General Motors Co. continue.

Earnings Results: Nikola reports narrower third-quarter loss

New York, New York--(Newsfile Corp. - November 9, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Nikola Corporation, f/k/a VectoIQ Acquisition Corp. (NASDAQ: NKLA) alleging that the Company violated federal securities laws.Class Period: March 3, 2020 and October 6, 2020Lead Plaintiff Deadline: November 16, 2020Learn more about your recoverable losses in NKLA:

NKLA ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of November 16, 2020 in the Class Action Filed on Behalf of Nikola Corporation, f/k/a VectoIQ Acquisition Corp. Limited Shareholders

PHOENIX, Nov. 9, 2020 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation systems, today reported financial results for the third quarter of 2020. "In the third quarter of 2020, Nikola made significant progress on key milestones," said Mark...

Nikola Corporation Reports Third Quarter 2020 Results

Nikola stock has fallen off the wayside, and rightly so as the Hindenburg Research report has completely obliterated the company's prospects The post Why Investors Should Not Ignore Nikola's Troubles appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company Daily Picks: Stocks to Buy Ahead of the Election

Why Investors Should Not Ignore Nikola's Troubles

New York, New York--(Newsfile Corp. - November 9, 2020) -  The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Nikola Corporation, f/k/a VectoIQ Acquisition Corp. ("Nikola Corporation, f/k/a VectoIQ Acquisition Corp.") (NASDAQ: NKLA) between March 3, 2020 and October 6, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for...

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Nikola Corporation, f/k/a VectoIQ Acquisition Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 16, 2020 - NKLA

LOS ANGELES, Nov. 9, 2020 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming November 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Nikola Corporation ("Nikola" or "the Company") (NASDAQ:...

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nikola Corporation (NKLA)

Caterpillar

Legend Capital Partners owns 13.1 million shares of Nikola. A man named Dewitt C.

Caterpillar or Nikola: Which Is the Better Buy Heading Into 2021?

Los Angeles, California--(Newsfile Corp. - November 9, 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 September 9, 2020, inclusive...

7-DAY DEADLINE ALERT: The Schall Law Firm Files Class Action Suit Against Nikola Corporation

San Francisco, California--(Newsfile Corp. - November 8, 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 alleg

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Nikola (NKLA) Investors to November 16th Lead Plaintiff Deadline in Securities Fraud Action, Encourages Investors with $200k+ Losses to Contact the Firm

Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $500,000 In Nikola Corporation To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - November 7, 2020) - If you suffered losses exceeding $500,000 investing in Nikola stock or options between March 3, 2020 and September 20, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/NKLA or call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983- 9330 (Ext. 1310).

Nikola Shareholder Notice

BOSTON, Nov. 6, 2020 /PRNewswire/ -- Kyros Law Offices is alerting investors of Nikola Corporation (NASDAQ: NKLA), that it is investigating filing legal claims against the company on behalf of investors. A recent shareholder lawsuit alleges that Nikola's founder, Trevor Milton, may have...

NKLA Investor Alert: Kyros Law is Investigating Filing Legal Claims on Behalf of Nikola Corporation (NASDAQ: NKLA) Investors

San Francisco, California--(Newsfile Corp. - November 6, 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 alleges that throughout

NKLA 10-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Notifies Nikola (NKLA) Investors of Application Deadline in Securities Fraud Class Action, Encourages Investors with $200k+ Losses to Contact the Firm

Nikola has too many issues to sort through, especially considering that there are other options in the electric vehicle space.  The post Avoid Nikola Stock as the EV Space Gets More Crowded appeared first on InvestorPlace.

Avoid Nikola Stock as the EV Space Gets More Crowded

LOS ANGELES, Nov. 6, 2020 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Nikola Corporation f/k/a VectoIQ Acquisition Corp. ("Nikola" or "VectoIQ" or the...

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Nikola Corporation (NKLA) Investors

Los Angeles, California--(Newsfile Corp. - November 6, 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,...

UPCOMING DEADLINE NOTICE: The Schall Law Firm Files Class Action Suit Against Nikola Corporation

Nikola appears unlikely to meet financial projections it made in 2016, according to a business plan viewed by Business Insider and a 2020 presentation published in March as the electric-truck maker prepared to go public.  The financial projections in the 2020 presentation are limited to Nikola's truck and hydrogen fueling-station businesses in North America and do not include European sales, the company's recreational-vehicle division, or the potential impact of government incentives.

A leaked 2016 business plan reveals that Nikola is likely to fall $277 million short of the 2020 revenues it predicted four years ago (NKLA)

RADNOR, Pa., Nov. 5, 2020 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP alerts investors that a securities fraud class action lawsuit has been filed against Nikola Corporation (NASDAQ: NKLA, NKLAW) ("Nikola") on behalf of those who purchased or otherwise acquired...

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Nikola Corporation - NKLA, NKLAW

New York, New York--(Newsfile Corp. - November 5, 2020) -  Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit 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 United States District Court for the Eastern District of New...

NKLA CLASS ACTION ALERT: Bernstein Liebhard Announces an Expanded Class Period in a Securities Class Action Lawsuit against Nikola Corporation

San Francisco, California--(Newsfile Corp. - November 5, 2020) - Hagens Berman urges Nikola Corporation (NASDAQ: NKLA) investors to contact the firm now. A securities fraud class action has been filed and NKLA investors may have sufficient losses to move for lead plaintiff.Nikola Corporation (NKLA) Securities Class Action:Class Period: Mar. 3, 2020 - Sept. 20, 2020Lead Plaintiff Deadline: Nov. 16, 2020Visit: www.hbsslaw.com/investor-fraud/NKLAContact An Attorney Now: NKLA@hbsslaw.com844-916-0895The Complaint alleg

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Nikola (NKLA) Investors to November 16th Lead Plaintiff Deadline, Encourages Investors with $200k+ Losses to Contact the Firm

Investor hope of a potential partnership between General Motors and Nikola lives on.  GM chief executive Mary Barra said in an interview with Bloomberg TV on Thursday that talks between the two companies are ongoing, helping shares of Nikola up as much as 11% in trading. 

Nikola jumps 11% as General Motors confirms partnership talks are ongoing (NKLA, GM)

NEW YORK--(BUSINESS WIRE)--UPDATE: ENTWISTLE & CAPPUCCI LLP FILES A SECURITIES CLASS ACTION COMPLAINT AGAINST NIKOLA CORPORATION

Update: Entwistle & Cappucci LLP Files a Securities Class Action Complaint Against Nikola Corporation

GM's CEO said that the company is exploring other opportunities to sell its batteries and fuel cells.

News for Nikola Stock (NKLA)