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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Why Shares of Plug Power, Nikola Motors, and Bloom Energy Are Crashing This Week

Nikola Corp (NASDAQ: NKLA) stock price is off to a bad start in 2024 as demand for EV shares crash. The stock has already crashed by 27.6% this year, meaning that it has fallen by over 99% from its highest point on record, costing investors billions of dollars.

Nikola stock price is off to a bad start in 2024. What's ahead?

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Why Rivian Stock Raced Higher in 2023, but Shares of Nio and Nikola Drove Lower

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Why Nikola Stock Slumped in December

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Nikola produced 42 hydrogen electric trucks in 2023. Dealers will be shipping these to customers as Nikola continues to work with fleet partners.

Why Nikola Shares Charged Higher Today

Nikola is hoping to expand sales and deliveries in 2024, which would be a catalyst to boost its share price.

Where Will Nikola Stock Be in 2024?

PHOENIX , Jan. 4, 2024 /PRNewswire/ -- The elves weren't the only ones busy during the 2023 holiday season; Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, in 2023 produced 42 and wholesaled 35 Class 8 Nikola hydrogen fuel cell electric vehicles (FCEVs). "What an effort by our dedicated and passionate team, to create — and deliver — what we believe is the only U.S. designed and assembled Class 8 hydrogen fuel cell electric truck on the road today," said Nikola CEO Steve Girsky.

SUCCESSFUL LAUNCH: NIKOLA PRODUCES 42, WHOLESALES 35 HYDROGEN FUEL CELL ELECTRIC TRUCKS FOR CUSTOMERS IN U.S. AND CANADA IN 2023

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Nikola's large-scale share sale caused consternation among the company's current investors. Nikola's recently announced strategic partnership won't necessarily improve the automaker's situation.

Should You Invest in Nikola Stock Right Now?

The latest trading day saw Nikola (NKLA) settling at $0.87, representing a -1.38% change from its previous close.

Nikola (NKLA) Suffers a Larger Drop Than the General Market: Key Insights

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Nikola Corporation said on Wednesday that it has signed a 10-year agreement to refuel its hydrogen-fuel-cell electric trucks at FirstElement Fuel's hydrogen-refueling station in Oakland, California.  The station will be able to refuel 200 trucks per day and will include the world's first heavy-duty truck H70 fast-fill lane for efficient hydrogen refueling.

Nikola inks partnership with FirstElement Fuel for hydrogen refueling

FirstElement Fuel named authorized Fueling Solutions Partner for Nikola Class 8 hydrogen fuel cell electric trucks PHOENIX , Dec. 20, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and FirstElement Fuel (FEF), a world leader in hydrogen refueling station solutions, have formalized a definitive 10-year agreement to refuel Nikola's hydrogen fuel cell electric truck at FEF's hydrogen refueling station in Oakland, Calif. This collaboration unifies their commitment to driving the widespread adoption of hydrogen fuel cell electric vehicles and marks a significant step towards a greener and more sustainable tomorrow.

NIKOLA AND FIRSTELEMENT FUEL FORGE 10-YEAR STRATEGIC PARTNERSHIP TO ADVANCE HYDROGEN FUELING INFRASTRUCTURE

Nikola shares reacted to the sentencing of founder Trevor Milton yesterday. Milton no longer works for the company.

Why Nikola Stock Jumped Today

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Nikola (NASDAQ: NKLA) stock price crashed by more than 9% after a judge sentenced Trevor Milton to four years in jail. The sentence closed a dark chapter in Nikola's history as the management attempts to turn around the company.

Nikola (NKLA) stock analysis: dark chapter closes, shorting is risky

Nikola's founder and former CEO Trevor Milton was found guilty of defrauding investors today. Today's convictions for Milton come on the heels of convictions for wire fraud and securities fraud in 2022.

Why Nikola Stock Plummeted Today

Trevor Milton fabricated tales that drove shares of NKLA stock to enormous gains in 2020. He was sentenced to four years of prison on Monday.

NKLA Stock Tumbles As Judge Sentences Founder For Fraud

Trevor Milton had requested probation after being found guilty of misrepresenting his company's technology to investors

News for Nikola Stock (NKLA)