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

Shares of Nikola Corp. NKLA, +11.29% sank 7.8% in morning trading Monday, while the electric truck maker provided a detailed rebuttal to what it called a "false and misleading" report issued by short-seller Hindenburg Research last week, in which Hindenburg called the electric truck maker an "intricate fraud.

Nikola fires off a detailed rebuttal saying Hindenburg short-seller report was 'false and misleading'

Shares of Nikola Corporation (NASDAQ: NKLA) have sold off over the past week on allegations from activist short seller Hindenburg Research.

Nikola Issues More Detailed Rebuttal To Short Seller, Leans On Partnerships

In a statement Monday, the company said there were "dozens" of inaccurate allegations in the report, outlining a handful of specific examples.

Nikola details 'false and misleading' information of short seller’s fraud claims

Nikola Corp. provided Monday a detailed rebuttal to what it called a "false and misleading" report issued by short-seller Hindenburg Research last week, in which Hindenburg called the electric truck maker an "intricate fraud.

Nikola fires off a detail rebuttal saying Hindenburg short-seller report was 'false and misleading'

General Motors

Nikola And GM Vs. The Shorts: The Ultimate Game Of Liar's Poker

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Nikola Corporation (NKLA) on Behalf of Investors

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Nikola Corporation (NKLA) on Behalf of Investors

Blink Charging

Clearway Energy

We have three stocks that are better bets than Tesla's sky-high stock price today.

3 Renewable Energy Stocks Set to Go Higher

Nikola Motor has been accused of being an “intricate fraud” in a recent financial research report. But there are motivations behind the allegations that could mean they are not all they seem when investigated further.

Is Electric Truck Maker Nikola Motor In Trouble?

Los Angeles, California--(Newsfile Corp. - September 11, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Nikola Corporation (NASDAQ: NKLA) ("Nikola" or "the Company") for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Nikola Corporation and Encourages Investors with Losses of $100,000 to Contact the Firm

Nikola ​Corp. the hydrogen and electric truck startup that recently announced a $2 billion stock deal with General Motors, saw its stock price plunge for the second day in a row following a report by a short seller that alleged the company is an "intricate fraud." The company has since disputed the report and threatened to take legal action.

EV startup Nikola's stock plunges following short seller's scathing allegations

One of Tesla’s main rivals is planning to take legal action against an activist short-seller that accused it of being “an intricate fraud.” Shares of electric automaker Nikola — which like Tesla is named after the 19th-century inventor — were down more than 15 percent Friday afternoon after a report from Hindenburg Research accused founder.

Shares of Tesla rival Nikola crater after ‘fraud’ accusation

LOS ANGELES--(BUSINESS WIRE)---- $NKLA #NKLA--ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Nikola Corporation.

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Nikola Corporation and Encourages Investors with Losses of $100,000 to Contact the Firm

Shares of Nikola Corp. NKLA, -15.59% were on pace for their lowest close since July 31, when it closed at $30, and are off 61% from its record close of $79.73 on June 9.

Nikola stock poised for worst close since July, loses 37% in three days

New York, New York--(Newsfile Corp. - September 11, 2020) - Levi & Korsinsky announces it has commenced an investigation of Nikola Corporation (NASDAQ: NKLA) concerning possible breaches of fiduciary duty.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Nikola Corporation- NKLA

Nikola stock jumped 40% on Tuesday when GM announced its $2 billion investment. Could Nikola could be the next Tesla?

Nikola Stock Is a Fraud, But It’s Still the Next Tesla

Lululemon Athletica

Peloton

The stock market came under pressure with the major indexes and leaders whipsawed. Peloton and RH soared on earnings.

Stock Market Rally Under Pressure Amid Whipsaw Selling; Peloton, RH Soar On Earnings, Lululemon Falls; GM, Nikola Team Up

Nikola Corporation (NASDAQ: NKLA) shares were falling again Friday after founder Trevor Milton’s response to Thursday’s short seller report from Hindenburg Research left investors disappointed.

Nikola Sell-Off Accelerates Following Milton's Response To Hindenburg Report

Shares of Nikola Corp. (NASDAQ: NKLA) dropped more than 11% on Thursday following the release of a short seller report that scorched the maker of electric and hybrid electric-fuel cell heavy-duty trucks.

How Nikola’s Response to Short Seller Report Falls Short

If you're keen on buying Nikola stock on weakness and its new partnership, respect the price chart and other looming warning signs.
The post The Best Way to Play the Short in Nikola Stock appeared first on InvestorPlace.

The Best Way to Play the Short in Nikola Stock

The hydrogen truckmaker fired back at a scathing report that accused it of being an “intricate fraud,” denying its findings and retaining a high-profile law firm.

Nikola Denies Short-Seller’s Fraud Claims It Calls ‘Hit Job’ As Shares Fall Further

SAN DIEGO, Sept. 11, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Nikola Corporation ("Nikola or the "Company") (NASDAQ: NKLA).

(NKLA) Alert: Johnson Fistel Investigates Nikola Corporation; Investors Suffering Losses Encouraged to Contact Firm

Ford Motor Company

Li Auto Inc.

Tesla

Workhorse Group

XPeng

Short interest moves among automakers’ stocks were mixed during the two-week reporting period that ended on August 31.

Short Interest Soars on 2 Electric Vehicle Makers

Nikola Corporation (NASDAQ: NKLA) shares dropped 9.5% on Thursday following a report from short seller Hindenburg Research alleging the company is an “intricate fraud.

Nikola Short Sellers Pocket $51M On Hindenburg Sell-Off

Nikola is brushing off allegations of fraud from a short-seller

Nikola dismisses short-seller allegations, calling them a 'hit job'

Nikola Corp said on Friday it could take legal action against short-seller Hindenburg Research, which accused the electric truck maker of being a "fraud" in a scathing report on Thursday.

News for Nikola Stock (NKLA)