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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

As media coverage dies down on a short seller's report questioning Nikola Corp.'s integrity,  company executives are making the rounds of analyst events.

Nikola Will Truck Hydrogen To Stations When Electricity Costs Too Much

OKLAHOMA CITY--(BUSINESS WIRE)-- #ClassAction--Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Nikola Corporation

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Nikola Corporation

General Motors

GM stock is not at risk from its Nikola partnership. In fact, he company could ink similar no-risk deals with other EV startups.

Fraud Or Not, GM Stock Benefits From Nikola Deal

A board member for Nikola Corp who helped the company go public earlier this year said on Thursday his firm was comfortable with the due diligence performed on the startup that has been called a "fraud" by a short seller.

Nikola board member who helped it go public said proper due diligence of startup was done

NEW YORK, Sept. 17, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Nikola Corporation ("Nikola" or the "Company") (NASDAQ: NKLA) and certain of its officers. The class action, filed in United States District Court for the Eastern District...

Pomerantz Law Firm Announces the Filing of a Class Action against Nikola Corporation and Certain Officers -  NKLA

LOS ANGELES--(BUSINESS WIRE)---- $NKLA #NKLA--SHAREHOLDER ACTION REMINDER: The Schall Law Firm Files Class Action Suit Against Nikola Corporation

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nikola Corporation

Nikola stock has been volatile in recent trading. It's time to avoid this name, as controversy and valuation act as a headwind.

Avoid Nikola Stock Over Controversy and Valuation

New York, New York--(Newsfile Corp. - September 17, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Nikola Corporation ("Nikola" or the "Company") (NASDAQ: NKLA).If you invested in Nikola stock or options and would like to discuss your legal rights, click here:

Nikola Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Nikola Corporation To Contact The Firm

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filinges of a Class Action LawsSuit Against Nikola Corporation

NEW YORK--(BUSINESS WIRE)--Zamansky LLC investigates Nikola Corp. (NKLA) on behalf of current shareholders for breach of fiduciary duty by its Officers and Directors.

CURRENT SHAREHOLDERS: Zamansky LLC Investigates the Board and Officers of Nikola Corp. (NKLA)

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a nationally ranked securities litigation firm, is investigating whether Nikola Corporation (NASDAQ:NKLA) and certain of its executives may be liable for securities fraud. If you purchased or acquired stock, options and/or derivatives of Nikola and have questions about your legal rights or possess information relevant to this matter, please contact David J.

Nationally Ranked Litigation Firm Labaton Sucharow Announces Investigation of Nikola Corporation (NASDAQ: NKLA) After Reports of SEC and Justice Department Inquiries

Just days after its GM deal, Nikola stock declines as the company comes under scrutiny for deception and overstating the functionality of its technology. 
The post Don’t Chase the Dip in Nikola Stock Because Things Could Get Worse appeared first on InvestorPlace.

Don’t Chase the Dip in Nikola Stock Because Things Could Get Worse

Nikola Corporation (NASDAQ: NKLA), its two executives, and chairman, are being sued by an investor for making false and misleading statements about the automaker’s operations, Bloomberg reported Wednesday.

Nikola, Chairman Milton Face Investor Lawsuit Over Alleged False, Misleading Statements

Los Angeles, California--(Newsfile Corp. - September 16, 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.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nikola Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

PHILADELPHIA, Sept. 16, 2020 /PRNewswire/ -- Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Nikola Corporation ("Nikola" or the "Company") (NASDAQ: NKLA) on behalf of investors who purchased shares of Nikola's stock between March 3, 2020 and.

Kaskela Law LLC Announces Filing of Shareholder Class Action Lawsuit Against Nikola Corporation (NKLA) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Tesla

With mainstay companies Panasonic and GM manufacturing the batteries for flashy EV startups Tesla and Nikola, we need to re-consider who is the really owns the innovation.

How Can Tesla, Nikola Set The Future Of Electric Vehicles If They Don’t Own The Batteries?

The future is very difficult to forecast, but one trend that seems very likely to continue is the expansion of the electric car market.

Nikola Faces Harsh Criticism From Shortsellers

Shares of Nikola Corp on Wednesday reversed course to trade up as much as 6% from premarket losses, resulting in $24 million in mark-to-market losses for those betting against the stock, according to financial analytics firm S3 Partners.

Nikola short-sellers feel the squeeze as stock bounces

Nikola Corporation (NASDAQ: NKLA) were trading slightly higher Wednesday afternoon during another volatile trading day following allegations of fraud by short seller Hindenburg Research last week.

Tilson Says Nikola's Trevor Milton Will Land 'Behind Bars For Securities Fraud'

New York, New York--(Newsfile Corp. - September 16, 2020) - Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Nikola Corporation (NASDAQ: NKLA, NKLAW), f/k/a VectoIQ Acquisition Corp.

Rosen, Global Investor Counsel, First Files Securities Class Action Lawsuit Against Nikola Corporation; Encourages Investors with Losses in Excess of $100K to Contact Firm - NKLA, NKLAW, VTIQ, VTIQW, VTIQU

New York, New York--(Newsfile Corp. - September 16, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Nikola Corporation ("Nikola" or the "Company") (NASDAQ: NKLA).If you invested in Nikola stock or options and would like to discuss your legal rights, click here:

Nikola Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Nikola Corporation To Contact The Firm

Discover why Nikola stock popped and whether they can maintain the momentum going forward.

Why Nikola Stock Popped

Short seller allegations against Nikola Corporation (NASDAQ: NKLA) have caught the eye of the United States Department of Justice, the Financial Times reported Tuesday.

Not Just SEC, Justice Department Too Probing Short Seller Allegations Against Nikola: Report

LOS ANGELES--(BUSINESS WIRE)---- $NKLA #NKLA--SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nikola Corporation

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nikola Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Nikola Corporation (NASDAQ: NKLA, NKLAW), f/k/a VectoIQ Acquisition Corp. (NASDAQ: VTIQ, VTIQW, VTIQU), between March 3, 2020 and September 15, 2020, inclusive (the “Class Period”).

News for Nikola Stock (NKLA)