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.

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Nikola just sold two trucks, but the deal could be more meaningful than it sounds.

Why Nikola Stock Is Jumping This Week

PHOENIX , Oct. 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, released their first-ever sustainability impact report today. Nikola's 2023 Sustainability Impact Report covers environmental and social impacts, reporting, and progress towards Nikola's sustainability priorities.

Nikola Corporation Releases Inaugural Sustainability Impact Report

Southern California-based dealership expands to include industry-leading Class 8 Nikola zero-emission trucks with the creation of their "NGT" division FONTANA, Calif. , Oct. 10, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, has expanded in the southern Calif.

GTS GROUP JOINS NIKOLA DEALERSHIP NETWORK

PHOENIX , Oct. 3, 2024 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the  HYLA brand , today announced it will report its third quarter ended September 30, 2024 financial results and business updates on Thursday, October 31, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m.

Nikola Corporation Announces Date for Third Quarter 2024 Results and Webcast and Q&A Platform for Shareholders

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Why Tesla and Polestar Stocks Soared, but Nikola Plunged in September

Nikola (NKLA) stock price went parabolic on Wednesday after the hydrogen truck company published a strong production and sales report. It soared by over 20% in its best day in over a month, reaching a high of $5.90, its highest level since September 26.

Nikola stock price analysis: favorable risk/reward

The Nikola Corporation (NASDAQ: NKLA) once touted as the ‘Tesla of trucking' has had an extremely bumpy ride since first going public in 2020.

Why Nikola stock soared 20% in just one day

Shares of the hydrogen fuel-cell truck maker hit a 52-week low last week but are on fire today. Is it a buy?

Why Nikola Stock Jumped More Than 25% Today

Nikola said on Wednesday it delivered 88 hydrogen fuel cell electric trucks to its dealers in the third quarter, up from 72 trucks in the previous three-month period, signaling steady demand for the company's big rigs.

Nikola's hydrogen-powered truck deliveries to dealers rise 22% in Q3

PHOENIX , Oct. 2, 2024 /PRNewswire/ -- For Q3 2024, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, wholesaled 88 Class 8 Nikola hydrogen fuel cell electric trucks, firmly within truck sales guidance of between 80 and 100 fuel cell units for the quarter. For the first three quarters of 2024, Nikola wholesaled 200 hydrogen fuel cell trucks, and 235 total since the truck went on sale in Q4 of last year.

NIKOLA RECORDS SALES OF 88 HYDROGEN-POWERED CLASS 8 TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q3 2024; 200 TOTAL SOLD THIS YEAR

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Nikola's stock crashed and burned over the past three years. It struggled to ramp up its production and overcome a devastating recall.

Where Will Nikola Stock Be in 3 Years?

Nikola Corp (NASDAQ: NKLA) has investors wondering if it could follow Tesla Inc (NASDAQ: TSLA) in creating substantial wealth or if it's on a path similar to Fisker Inc, which succumbed to industry pressures and declared bankruptcy in June.

Nikola stock: potential millionaire maker or another Fisker?

A U.S. judge said Trevor Milton, the Nikola founder who was sentenced to four years in prison after being convicted of fraud, must pay the electric truck maker $167.7 million for making false and misleading statements about the company to the public.

Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules

Nikola had record sales in the second quarter, as 72 new hydrogen fuel cell trucks were delivered. Even with revenue of about $31 million and a cash balance of $256 million, Nikola needed to raise fresh capital.

Why Nikola Stock Crashed in August

Nikola insiders keep selling stock. The business is in a poor place.

Shares of Nikola Plunged Again This Week. Here's Why.

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Renewable Energy Stocks Plunge as Reality Bites the Industry

Skilled transportation executive positioned to further company focus on zero-emissions trucking and hydrogen infrastructure solutions PHOENIX , Aug. 27, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of accomplished transportation executive Thomas "Tom" Schmitt as Chief Commercial Officer (CCO) of Nikola Corporation. As CCO, Schmitt will align Nikola's commercial efforts to scale the company's business.

TOM SCHMITT NAMED CHIEF COMMERCIAL OFFICER OF NIKOLA CORPORATION

Nikola (NKLA) stock price continued its sell-off even after the company published encouraging financial results and the Federal Reserve pointed to potential rate cuts in September. It has crashed by over 22% in the last 30 days, bringing the year-to-date losses to 71% and its market cap to $379 million.

Nikola stock: short interest, falling wedge, points to a short squeeze

Nikola announced plans to sell at least $80 million in convertible debt this morning. Total sales of debt, convertible debt, and equity could reach $500 million.

Why Nikola Stock Crashed 10% This Morning

Nikola Corp. plans to raise money through a convertible-debt offering as it looks to scale its electric-vehicle business.

Nikola's stock falls as EV maker looks to raise money via convertible-debt deal

Nikola's Q2 earnings exceeded analysts' expectations. Its fuel-cell powered truck deliveries are increasing as it works through its recall of battery electric vehicles.

Nikola Stock: Buy, Sell, or Hold?

Nikola has had a rocky few years. It's worked to survive the reputational harm and share price crash that resulted from the lies of its founder (that earned him a four-year prison sentence).

News for Nikola Stock (NKLA)