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

General Motors Co. (NYSE: GM) is taking an 11% equity stake in startup electric truck maker Nikola Corp.

GM Will Supply Batteries And Fuel Cells For Nikola Electric Trucks

NKLA stock received a major boost on Tuesday after the company announced a strategic partnership with General Motors for $2 billion.
The post Nikola News: NKLA Stock Skyrockets on GM Partnership Announcement appeared first on InvestorPlace.

Nikola News: NKLA Stock Skyrockets on GM Partnership Announcement

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Another day of downward moves showed the fear investors have.

Stock Markets Tank Again; GM, Nikola Take It to Tesla

General Motors Stock Is Surging on $2 Billion Nikola Deal

Nikola doesn't expect to start producing the Badger pickup until late 2022 -- though it's planning a "public debut" for the truck in December.

GM takes $2B stake in Nikola, will produce Tesla rival’s electric truck

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General Motors and electric-vehicle maker Nikola announced this morning that they’re forming what they call a strategic partnership.


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Nikola and General Motors are now partners. Check out this electric pickup truck!

General Motors Co. (NYSE: GM) will become an 11% owner of electric truck startup Nikola Motors Corp.

Breaking News: GM Invests In Nikola; To Build Badger Pickup

Nikola Corporation (NASDAQ: NKLA) has announced its long-awaited partner for its upcoming Nikola Badger electric battery and hydrogen-powered pickup truck.

What Investors Need To Know About The GM-Nikola Partnership

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Venerable automaker General Motors Co. (NYSE: GM) and upstart electric and fuel-cell truck maker Nikola Corp.

New GM Partnership Not Just a Win for Nikola

General Motors and Nikola are teaming up to work on the Nikola Badger, a fully electric and hydrogen fuel cell electric pickup truck.

General Motors takes 11% stake in Nikola to team up on electric truck

The largest U.S. automaker is partnering with the hydrogen truck startup to produce Nikola's electric pickup and will provide battery and fuel cell technology.

GM Takes Stake In Hydrogen Truckmaker Nikola, Partnering On Badger Electric Pickup

GM is taking a $2 billion stake in the electric-truck start-up.

General Motors Will Build Nikola's Badger Pickup, Supply Batteries and Fuel Cells

GM is buying a stake in Nikola to help the electric car company build its own pickup truck to take on Tesla's Cybertruck.
The post Nikola Stock Soars On GM Production Partnership, Investment; Tesla Falls appeared first on Investor's Business Daily.

Nikola Stock Soars On GM Production Partnership, Investment; Tesla Falls

Nikola and General Motors today announced a strategic partnership. Through the deal, GM gets 11% ownership in startup Nikola, and will, in turn, produce Nikola’s wild fuel cell pickup truck by the end of 2022.

General Motors takes $2 billion stake electric truck startup Nikola

Nikola Motors will get access to GM fuel cell and battery technology for its upcoming vehicles in exchange for an 11% stake in the startup. GM will engineer and build the Badger pickup for Nikola

Nikola Teams Up With General Motors For Batteries, Fuel Cells And Manufacturing

General Motors Co. GM, +5.87% and Nikola Corp. NKLA, +33.16% said Tuesday they are entering a strategic partnership that will start with the Nikola Badger, the company's planned fully-electric and hydrogen fuel cell electric pickup truck, and include cost reductions for other models.

UPDATE: Nikola shares soar 45% premarket on news of GM partnership; GM to receive $2 billion in Nikola stock

General Motors is taking an 11% stake in electric truck maker Nikola, agreeing to build its hydrogen fuel cell electric pickup truck the Badger by the end of 2022.

Nikola shares surge 30% after General Motors takes 11% stake in electric truck maker

General Motors Co said on Tuesday it was acquiring an 11% stake, worth $2 billion, in U.S. electric truck maker Nikola Corp.

General Motors acquires 11% stake in electric truck maker Nikola

General Motors Co. GM, +1.76% and Nikola Corp. NKLA, -1.60% said Tuesday they are entering a strategic partnership that will start with the Nikola Badger, the company's planned fully-electric and hydrogen fuel cell electric pickup truck, and include cost reductions for other models.

Nikola shares soar 20% premarket on news of GM partnership; GM to receive $2 billion in Nikola stock

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PHOENIX , Sept. 4, 2020 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced its participation in the following investor conferences: Cowen Global Transportation & Sustainable Mobility Conference.

News for Nikola Stock (NKLA)