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 Bloom Energy, First Solar, and Nikola Are Zooming Higher Today

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Romeo Power Inc. (NYSE: RMO) stock rose 20% after announcing an all-stock purchase agreement with Nikola (NASDAQ: NKLA). The company announced it had executed a definitive purchase agreement whereby it will be acquired by Nikola in an all-stock deal.

Romeo Power shares up 20% after announcing it was being acquired by Nikola

The Nikola Tre battery electric class 8 truck is now in serial production and the manufacturing site in the US is capable of producing 2,500 trucks a year. Nikola has a joint venture in Europe that will build the Nikola Tre in Germany.

Nikola: If You Can Put The Past Aside, It Looks Like A Good Bet

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Nikola is now bringing in meaningful revenue, and potential legislation could give it and other EV stocks another tailwind.

Why Nikola, Fisker, and Hyzon Motors Stocks Jumped This Week

Nikola's stock stands to rise significantly as production starts and the company is on track to produce significant increases in revenue.

Time To Take A Serious Look At Nikola Stock As Production Starts

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In the world of speculative electric vehicle (EV) stocks, it's a great day to be an investor. As of early afternoon trading, shares of Workhorse (NASDAQ: WKHS ), Nikola (NASDAQ: NKLA ), Fisker (NYSE: FSR ) and Polestar (NASDAQ: PSNY ) have all surged on a mixed day in equity markets.

Why Are EV Stocks WKHS, NKLA, FSR, PSNY Up Today?

Nikola Corporation (NASDAQ:NKLA ) Q2 2022 Earnings Conference Call August 4, 2022 9:30 AM ET Company Participants Henry Kwon - Director, Investor Relations Mark Russell - Chief Executive Officer Kim Brady - Chief Financial Officer Conference Call Participants Jeff Kaufman - Vertical Research Partners Mike Shlisky - D.A. Davidson Greg Lewis - BTIG Bill Peterson - JPMorgan Operator Good morning.

Nikola Corporation's (NKLA) CEO Mark Russell on Q2 2022 Results - Earnings Call Transcript

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Today's traders are evidently feeling optimistic about electric vehicle (EV) companies Fisker (NYSE: FSR ), Nikola (NASDAQ: NKLA ) and Lordstown Motors (NASDAQ: RIDE ). Indeed, EV stocks are generally pumping higher as all three of these automakers had recent positive news to report, mostly related to earnings.

Why Are EV Stocks FSR, NKLA, RIDE Up Today?

Nikola Corp. delivered 48 battery-electric Class 8 trucks in Q2 and beat analysts' estimates on the top and bottom lines. Separately, Nikola announced two additional hydrogen fueling installations in Southern California.

Nikola beats Q2 revenue estimate on deliveries of 48 electric trucks

Shares of Nikola Corp. NKLA, +7.47% shot up 5.2% toward a three-month high in premarket trading Thursday, after the electric vehicle maker reported a narrower-than-expected loss and revenue that beat forecast, and reiterated its target for Tre BEV truck deliveries. The net loss widened to $173.0 million, or 41 cents a share, from $143.2 million, or 36 cents a share, in the year-ago period.

Nikola stock jumps toward 3-month high after revenue beat expectations, and delivery target affirmed

(Reuters) -Nikola Corp exceeded market estimates for quarterly revenue on Thursday as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.

EV maker Nikola beats revenue estimates on higher deliveries

Nikola's second-quarter revenue beat Wall Street's expectations as it shipped 48 trucks and confirmed its full-year guidance

Nikola's revenue tops expectations on delivery of 48 electric trucks

Produced 50 Nikola Tre BEVs in Coolidge, Arizona, and delivered 48 to dealers Reported revenues of $18.1 million and adjusted net loss per share of $0.25 Cash & Restricted Cash of $529.2 million and $312.5 million remaining ELOC commitment totaling $841.8 million in total liquidity at the end of Q2, up from $794.0 million in Q1 Announced station progress in California in the cities of Ontario, Colton, and a location servicing the Port of Long Beach Stockholders approved proposal 2 increasing authorized shares from 600 million to 800 million PHOENIX , Aug. 4, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter ended June 30, 2022. "Our momentum continued during the second quarter as we began delivering production vehicles to dealers and recognizing revenue from the sale of our Nikola Tre BEVs," said Mark Russell, Nikola's Chief Executive Officer.

Nikola Corporation Reports Second Quarter 2022 Results

PHOENIX , Aug. 4, 2022 /PRNewswire/ --  Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure  solutions, today announced the locations of three California hydrogen stations to advance and scale up its long-term hydrogen distribution solutions to service market demand. Nikola's integrated energy and zero-emissions truck portfolio will be underpinned by developing hydrogen supply and refueling infrastructure, an essential step in helping to decarbonize the heavy-duty transport sector.

Nikola Announces Locations of Three California Hydrogen Dispensing Stations, Continued Scaling of Infrastructure

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Electric vehicle (EV) producer Nikola (NASDAQ: NKLA ) is surging today on exciting news. Shareholders of NKLA stock have voted to approve Proposal 2.

Nikola (NKLA) Stock Revs Up as Shareholders Pass Proposal 2

The Zacks Consensus Estimate for Nikola's (NKLA) Q2 loss is pegged at 27 cents per share on revenues of $16 million.

Factors Deciding Nikola's (NKLA) Fate This Earnings Season

Nikola (NKLA) announces a $144 million deal to buy the battery developer Romeo to build in-house battery packs in a bid to spur EV efforts.

Nikola (NKLA) to Acquire Romeo for In-House Battery Packs

On its fourth try, Nikola Corp. finally collected enough votes to increase its pool of authorized shares, critical to raising money to scale the electric truck and hydrogen business. About two of three votes cast — more than 211 million shares — were voted in favor of the proposal to increase the number of authorized shares to 800 million from 600 million, Nikola said late Monday.

Nikola finally gets the votes to pass its share proposal

Electric truck maker Nikola has finally won shareholder approval to issue new stock, the company said on Tuesday.

Nikola shareholders approve measure to issue new stock over ex-CEO Trevor Milton's objection

Stockholders approve increase in authorized number of shares from 600M to 800M PHOENIX , Aug. 2, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that stockholders have voted to approve Proposal 2 at the Company's 2022 Annual Meeting of Stockholders. This proposal will allow Nikola to increase the number of authorized shares from 600 million to 800 million.

Nikola Stockholder Meeting: Proposal 2 Passes

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The three major U.S. equity indexes closed down slightly Monday. The Dow Jones Industrial Average dipped by 0.14%, the Standard & Poor's 500 slipped by 0.28%, and the Nasdaq Composite fell by 0.18%.

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Source: Nikola Press Center Yesterday, something major happened that you probably didn't even know about. Yet, it could be the key to you striking it rich in the EV Revolution.

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Romeo Power, Inc. (NYSE: RMO) to Nikola Corporation (NasdaqGS: NKLA). Under the terms of the proposed transaction, shareholders of Romeo will receive only 0.1186 of a share of Nikola for each share of Romeo that they own. KSF is seeking to determine whether this consideration and the process that led to it are

ROMEO POWER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Romeo Power, Inc. - RMO

Lucid Group

When Fisker, Lucid and Nikola report earnings this week, here are key milestones to watch. NKLA stock popped Monday on acquisition news.

News for Nikola Stock (NKLA)