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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PHOENIX, Sept. 11, 2020 /PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA) issued the following statement in response to claims made about the Company by an activist short-seller: "Yesterday, an activist short-seller whose motivation is to manipulate the market and profit from a.

Nikola Refutes Allegations

Los Angeles, California--(Newsfile Corp. - September 10, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Nikola Corporation ("Nikola" or "the Company") (NASDAQ: NKLA) 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.

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

SunPower

Respite from the declines proved short-lived.

Reversal Drops Nasdaq 222; Nikola Challenged; SunPower Darkens Outlook

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

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

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Nikola Corporation (NASDAQ: NKLA) resulting from allegations that Nikola may have issued materially misleading business information to the investing public. On September 10, 2020, the investment analyst Hindenburg Research issued a report on the Company entitled “Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Lar

EQUITY ALERT: ROSEN, NATIONAL TRIAL COUNSEL, Announces Investigation of Securities Claims Against Nikola Corporation – NKLA

Since coming public in a reverse merger in early June, shares of Nikola Corp. (NASDAQ: NKLA) nearly tripled in less than a week of trading before dropping below the IPO price by the end of July.

Short Seller Slams Electric Truck Maker Nikola

General Motors

Wall Street is applauding GM for what it gets out of the agreement with Nikola.

GM Enters the Electric Vehicle Race

The electric vehicle start-up was accused of fraud.

Why Nikola Stock Plunged Today

The report comes two days after Nikola’s shares surged on surprise news of a far-ranging manufacturing and technological tie-up with General Motors.

Nikola Shares Sink On Short-Seller Claims Founder Milton Overstated Tech Capabilities

Shares of Nikola Corp fell 8% on Thursday after Hindenburg Research shorted the stock and labeled the electric truck maker a "fraud" in a scathing report, evoking a sharp response from the company, which accused the short-seller of manipulating the high-flying stock.

Nikola, short seller Hindenburg clash over critical report

Short seller Hindenburg Research published a report on electric truck maker Nikola Inc. NKLA, -16.95% on Thursday, accusing it of being an "intricate fraud" built on lies told by its Founder and Executive Chairman Trevor Milton over many years. Nikola shares fell 9% on the news.

UPDATE: Short seller Hindenburg alleges that electric truck maker Nikola is an 'intricate fraud' in new report

Nikola stock has defied the odds because it has fans on Wall Street even before having any sales. The thesis has legs and for years.

Relative Strength Shows Why the Bulls Are Right About Nikola Stock

Short seller Hindenburg Research published a report on electric truck maker Nikola Inc.

Short seller Hindenburg alleges that electric truck maker Nikola is an 'intricate fraud' in new report

On Tuesday, electric-truck startup Nikola indicated that General Motors would take a $2 billion equity stake in the company. Rather than infusing cash into Nikola for the roughly 11% stake, GM will provide a host of services.

Can GM & Nikola Together Challenge Tesla?

Nikola stock erupted 40% after GM took an 11% stake in the company. Can NKLA shares keep up the momentum despite lacking fundamentals?

Nikola Stock Is a Buy After This GM Deal, but Let the Dust Settle First

Ford Motor Company

Tesla

If electric car upstarts try to build out their businesses themselves, it’s going to be a tough road to follow. Teaming up with the big players in the sector could prove to be a successful strategy.

The Electric Vehicle Business Goes Into Overdrive

Zero-emission truck developer Nikola Corporation (NASDAQ: NKLA) analyzed the top automobile manufacturers globally and concluded "hands down" that  General Motors Company (NYSE: GM) would be its best partner, Trevor Milton, Nikola's founder and executive chairman, said on Fox Business.

Nikola Founder Says GM 'Hands Down' The Best Partner For EV Startup

Shares of General Motors Company (NYSE: GM) and Nikola Corporation (NASDAQ: NKLA) rallied on Tuesday after GM announced it's taking a $2 billion stake in the hydrogen fuel cell electric truck maker.

'Best-In-Class Powertrain Technology Affirmed': Analysts React To GM-Nikola Partnership

Workhorse Group

While Tesla suffered its biggest one-day drop ever, other electric vehicle companies rallied.

Electric Vehicle Makers Strike Gold as Tesla Falters

When Steve Girsky made the deal to take Nikola Corp. (NASDAQ: NKLA) public in a reverse merger in March, one of his first calls was to General Motors CEO Mary Barra.

Behind The Scenes: How The GM-Nikola Tie-up Came Together

Nikola just picked GM to build its Badger pickup -- and provide a whole lot of other services.

GM Stock Jumps 8% on Nikola Partnership News

Investors took General Motors (GM) shares up another gear after it announced a partnership with Nikola (NKLA).

General Motors (GM) Charges Higher on Nikola (NKLA) Deal

With this collaboration, Nikola (NKLA) will be able to take leverage of General Motors' (GM) expertise in vehicle manufacturing in order to bring revolution in the EV space.

General Motors & Nikola to Team Up, Revolutionise EV Space

On Tuesday morning, battery- and hydrogen-electric vehicle maker Nikola Corp. (NASDAQ:NKLA) disclosed that automotive company General Motors (NYSE:GM) entered into a subscription agreement on Thursday to purchase $2 billion worth of its common stock, or 47.7 million shares.

Nikola and GM Are Teaming Up: Should Investors Take Notice?

Apple

SPDR S&P 500 ETF Trust

The Nasdaq is suddenly 10% off its ll-time highs as of Tuesday's close, with the Tech industry alone down 4.6%.

News for Nikola Stock (NKLA)