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 (NKLA) stock price has continued to underperform the market this year as investors worry about its future and dilution risks. It has slipped by over 64% this year and by 88% in the past 12 months.

Nikola stock price outlook: All eyes on August 9

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Nikola is nowhere close to breaking even on its electric semitrucks. The company is eating its metaphorical tail.

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Nikola reported better-than-expected sales of its innovative trucks.

Great News for Nikola Stock Investors!

Last month, Nikola (NASDAQ: NKLA ) shares cratered in price, following the announcement and completion of a 1-for-30 reverse stock split. However, so far this month, Nikola stock has been bolting out of the stock market junkyard.

Betting on Nikola Stock? Why This EV Rally Could End in Tears.

Nikola kept its stock from being delisted with a reverse stock split. Its business is gradually stabilizing after a tumultuous three years.

Should You Buy Nikola Stock While It's Below $10?

PHOENIX , July 9, 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 second quarter ended June 30, 2024 financial results and business updates on Friday, August 9, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m.

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

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Nikola (NASDAQ: NKLA) stock price has rebounded sharply this month, making it one of the best-performing companies in Wall Street. It rose to a high of $11.80 on Monday, up by over 61% from its lowest point this year.

Nikola stock price forecast: how high can NKLA go?

Nikola (NASDAQ: NKLA ) stock rose more than 25% today on reports that the electric vehicle (EV) maker had wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks in its fiscal second quarter. This is above even the high end of previous guidance to wholesale 60 units.

NKLA Stock Surges 25% on Q2 Update. Is This a Comeback for Nikola?

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Embattled commercial vehicle manufacturer Nikola (NASDAQ: NKLA ) continues to march forward with its difficult recovery process. It provided stakeholders with a substantive piece of good news, delivering 72 hydrogen fuel cell trucks, beating its own high-end guidance of 60 units.

Nikola (NKLA) Stock Surges 10% on Q2 Delivery Beat

Nikola reported strong hydrogen-powered truck deliveries. Given the stock's high short interest, it rallied big on Tuesday.

Why Nikola Surged Over 25% at One Point Today

Nikola Corp. said Tuesday it wholesaled 72 Class 8 Nikola hydrogen-fuel-cell trucks in the second quarter and added new customers including Walmart Canada.

Nikola sold 72 hydrogen-fuel-cell trucks to retailers in Q2, topping its 60-unit guidance

Nikola said deliveries of its hydrogen-fuel cell trucks rose 80% in the second quarter from the previous three months, surpassing the startup's expectations and signaling strong demand for the big rigs amid its pivot from battery-powered vehicles.

Nikola's hydrogen fuel cell truck deliveries surge in Q2, beating expectations

PHOENIX , July 2, 2024 /PRNewswire/ -- For Q2 2024,  Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks, above the high end of truck sales guidance of 60 units.   For the first half of 2024, Nikola wholesaled 112 hydrogen fuel cell trucks.

NIKOLA WHOLESALES 72 HYDROGEN FUEL CELL TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q2 2024, EXCEEDS SALES GUIDANCE

The Nikola (NASDAQ: NKLA) stock price continued its deep sell-off this week and moved to its all-time low as concerns about its business accelerated. It plunged to a low of $7.40 on Monday, bringing the year-to-date losses to almost 72%.

Nikola stock price forecast as it gets severely oversold

Walmart

Nikola said it has delivered a hydrogen fuel cell powered electric semi-truck to Walmart Canada , making it the first major retailer in the country to add it to its fleet.

Walmart Canada adds Nikola's hydrogen fuel cell-powered electric semi-truck to fleet

Nikola enacted its 1-for-30 reverse split yesterday. The stock split doesn't change anything about the business, though.

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News for Nikola Stock (NKLA)