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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PHOENIX , July 13, 2022 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, displayed their zero-emissions Class 8 battery-electric vehicle (BEV) and fuel cell electric vehicle (FCEV) today in Washington D.C. Together, with key federal government representatives, industry organizations and strategic stakeholder partners, Nikola provided visibility to the importance of congressional efforts in advancing clean energy and climate incentives that will enable market growth of zero-emissions technologies and a national clean hydrogen economy.

Nikola Hosts Truck Showcase in Nation's Capital To Underscore Market Readiness of Zero-Emissions Commercial Transportation Technology

Indicted Nikola Corp. founder Trevor Milton wants to use internal conversations at the electric truck maker in his federal fraud trial, but Nikola is fighting for a protective order to stop him. By intervening as a third party, the startup finds itself enmeshed in the criminal case from which it is trying to steer clear.

Indicted Nikola founder wants to use company's internal conversations in trial

DEADLINE TO VOTE: 11:59 p.m., Eastern Time on July 17, 2022 VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international VOTE NOW online at www.proxyvote.com Support Nikola's future growth by VOTING FOR Proposal 2 PHOENIX , July 12, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today released the following message from Chief Executive Officer Mark Russell urging stockholders to vote FOR Proposal 2 ahead of the Company's 2022 Annual Meeting of Stockholders, which will be held virtually on July 18, 2022, at 2:00 p.m.

Nikola Stockholders: WE NEED YOUR VOTE! VOTE NOW for Proposal 2 Before Annual Meeting on July 18, 2022

PHOENIX , July 11, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its second quarter ended June 30, 2022, financial results on Thursday, August 4, 2022. On that day, Nikola's management will hold a conference call and webcast at 9:30 a.m.

NIKOLA CORPORATION ANNOUNCES DATE FOR SECOND QUARTER 2022 RESULTS AND WEBCAST AND Q&A PLATFORM FOR SHAREHOLDERS

VOTING DEADLINE: 11:59 p.m., Eastern Time on July 17, 2022 VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international VOTE NOW online at www.proxyvote.com PHOENIX , July 8, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, encourages all stockholders to vote now FOR Proposal 2 before the 2022 Annual Meeting of Stockholders on July 18, 2022.

VOTE NOW: Nikola Urges Stockholders to Take Action and VOTE for Proposal 2!

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VOTING DEADLINE: 11:59 p.m., Eastern Time on July 17, 2022 VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international VOTE NOW online at www.proxyvote.com PHOENIX , July 6, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today released a letter to its stockholders urging them to vote in advance of the Company's 2022 Annual Meeting of Stockholders, which will be held virtually on July 18, 2022, at 2:00 p.m.

Nikola Stockholders: Vote NOW "FOR" Proposal 2 Ahead of Annual Meeting on July 18, 2022

This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.

Supreme Court Limits EPA, Nikola Founder Nixes Share Increases And How Climate Change Hurts Harvests

DEADLINE EXTENDED to VOTE: 11:59 p.m., Eastern Time on July 17, 2022 VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international VOTE NOW online at www.proxyvote.com PHOENIX , July 1, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, has published a video message from Chief Executive Officer Mark Russell explaining the importance of Nikola stockholders voting now to approve Proposal 2.

Nikola Releases Message from CEO Mark Russell Updating Stockholders on New Voting Deadline

Nikola Corp.'s extraordinary campaign urging shareholders to vote to increase the number of authorized shares again fell short Thursday. But the tally was close enough that the electric truck startup will try once more in July.

Nikola vs. Trevor Milton: Startup will try again to increase share count

Troubled electric truck maker Nikola adjourned its annual meeting to July 18, giving the company time to lobby shareholders to pass a money-raising measure to issue more shares of common stock. Nikola said the proposal is crucial to support the growth of the business.

Nikola delays shareholder meeting to drum up support to issue more shares

The maker of battery- and hydrogen-powered trucks delayed its annual meeting for a second time to July 18 after too few investors voted to approve a plan to increase its authorized share count.

Nikola Delays Annual Meeting Again After Vote Shortfall On Plan To Increase Shares

Electric-truck maker Nikola Corp. NKLA, +2.75% adjourned its shareholder meeting for a second time to July 18 after a key proposal failed to pass, the company said Thursday. Nikola has sought to increase its authorized number of shares to 800 million, from the about 600 million it has, potentially to raise capital.

Nikola adjourns shareholder meeting, still short of support share issuance

VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international VOTE NOW online at www.proxyvote.com PHOENIX , June 30, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that its 2022 Annual Meeting of Stockholders has been adjourned again to July 18, 2022, at 2:00 p.m. Pacific Time to allow stockholders additional time to vote to approve Proposal 2.

Nikola Adjourns and Will Reconvene Annual Meeting of Stockholders on July 18, 2022, to Allow Stockholders More Time to Vote on Proposal 2

The company has spent the past month rallying shareholders to vote for the proposal in sufficient numbers to overcome objections from founder Trevor Milton.

Nikola tries again to win shareholder support to issue new stock – over objections of its disgraced founder

NKLA stock may close below $5 -- a first -- and is hitting all-time lows as Nikola shareholders vote on whether to increase the share count. The post Nikola (NKLA) Stock Falls on Vote to Increase Share Count appeared first on InvestorPlace.

Nikola (NKLA) Stock Falls on Vote to Increase Share Count

Nikola founder Trevor Milton's federal fraud trial will now begin Sept. 12 after his attorneys persuaded a federal judge to delay the case following the addition of a new charge last week.

Nikola founder's federal fraud trial delayed to Sept. 12

DEADLINE TO VOTE: 11:59 p.m., Eastern Time on Wednesday, June 29, 2022 VOTE by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international VOTE online at www.proxyvote.com Proposal 2 will provide flexibility to support the growth of the business PHOENIX , June 29, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, strongly encourages ALL stockholders to vote NOW for Proposal 2 before the Annual Meeting on Thursday, June 30, 2022.

WE NEED YOUR VOTE! Nikola Stockholders: Final Hours to VOTE For Proposal 2

Vote by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international Vote online at www.proxyvote.com Deadline to VOTE: 11:59 p.m., Eastern Time on June 29, 2022 Proposal 2 will help ensure that Nikola continues moving forward toward its vision PHOENIX , June 28, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today released a video message from CEO Mark Russell urging all Nikola stockholders to vote now FOR Proposal 2 before the Annual Meeting on June 30.

Two Days Left to Vote: Nikola CEO Mark Russell Delivers Message Urging Stockholders to VOTE for Proposal 2

Nikola is working quickly to scale production and pilots as it expects to generate ~$120 million in revenue in FY22. However, Nikola's liquidity picture is a bit worse than it looks, with Tumim's remaining ELOC worth less than $250 million.

Nikola: Cash Burn Rate Raises Dilution Questions Ahead Of Shareholder Meeting

Vote by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international Vote online at www.proxyvote.com Deadline to VOTE: 11:59 p.m., Eastern Time on June 29, 2022 Proposal 2 will help ensure that Nikola continues moving forward toward its vision PHOENIX , June 27, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, urges all stockholders to vote now FOR Proposal 2 before the Annual Meeting on June 30.

Three Days Left to Vote: Nikola Urges Stockholders to VOTE NOW FOR Proposal 2!

The maker of battery- and hydrogen-powered trucks is pleading with investors to approve the company's plan to raise cash with a massive share sale.

Electric Truckmaker Nikola Prods Investors To Back 200 Million-Share Offering

Vote by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international Vote online at www.proxyvote.com or Robinhood holders vote at www.proxypush.com VOTE by 11:59 p.m., Eastern Time on June 29, 2022 Nikola Chairman Steve Girsky to speak to investors at 12:00 p.m.

Six Days Left Until Voting Deadline: Nikola Urges Stockholders to Vote NOW!

Will Address Frequently Asked Questions About 2022 Annual Stockholder Meeting Update will be Friday, June 24 at 12:00 p.m. ET via webcast at https://www.webcast-eqs.com/nikola20220624/en Stockholders encouraged to participate and learn about Proposal 2 and to vote ASAP   Stockholders can vote at any time by calling (855) 935-2562, if in North America, or 1-(207) 607-7123, if international  PHOENIX , June 23, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, announced today that its Chairman, Steve Girsky, will speak to investors Friday, June 24 at 12:00 p.m.

Nikola Chairman Steve Girsky to Discuss Importance of Voting on Upcoming Investor Update June 24 at 12:00 p.m. ET

A fresh wire fraud charge against Nikola founder Trevor Milton has spooked investors, who were in selling mode for NKLA stock today. The post Nikola (NKLA) Stock Falls as Founder Faces New Wire Fraud Charges appeared first on InvestorPlace.

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