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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It's been a real-life downhill ride in NKLA stock and today's continued bearish cargo suggests a trend in motion will remain in motion. The post It's All Downhill for Nikola Stock appeared first on InvestorPlace.

It's All Downhill for Nikola Stock

Nikola could sink 27% from current levels due to "daunting operational headwinds" and consistent insider sales, according to CFRA Research. In a note to clients on Thursday, Garret Nelson, a senior equity analyst at CFRA Research, reiterated his "sell" rating on Nikola and lowered his price target to $8 per share from $12.

Nikola could sink 27% due to daunting operational headwinds and insider selling, CFRA says

Bloom Energy

FuelCell Energy

Names involved in hydrogen and other segments of alternative energy are dropping today.

Why Nikola, FuelCell Energy, and Bloom Energy All Dropped Today

Fisker Inc

Fisker Inc (NYSE:FSR) and Nikola Corporation (NASDAQ:NKLA) have fallen in investor popularity and share price as both companies have yet to put any vehicles on the road. Nikola's stock reached an all-time high of $93.99 back on June 9, 2020, and Fisker's stock reached its all-time high of $31.96 on March 2.

Can Fisker And Nikola Get A Jump-Start?

Nikola Corp. (NASDAQ: NKLA), its European joint venture manufacturing partner IVECO and German pipeline company OGE will work together to transport hydrogen to stations serving commercial fuel cell electric vehicles (FCEVs). The 124-mile natural gas pipeline network will move hydrogen from where it is produced to hydrogen stations.

Nikola finds hydrogen distributor for future European fuel cell trucks

Electric and hydrogen vehicle producer Nikola Corp (NASDAQ: NKLA), truck manufacturer Iveco, and German gas network operator OGE inked a preliminary agreement to back hydrogen distribution for fuel-cell electric vehicle (FCEV) refueling, Reuters reports. Nikola will lead the installation of hydrogen fueling locations for FCEVs, OGE's hydrogen delivery systems support.

Nikola, Iveco, OGE Ink Fuel-Cell Hydrogen Distribution Agreement

Nikola, IVECO and natural gas distributor OGE are partnering to create a hydrogen pipeline and fuel station system to power fuel cell big rigs in Europe.

Nikola Forms Hydrogen Pipeline Alliance In Europe To Fuel Clean Trucks

Nikola announced plans Wednesday to build out hydrogen infrastructure with CNH Industrial's IVECO and OGE in Germany.  The post Nikola, Fuel Cell Stocks Rise On Hydrogen Infrastructure Deal appeared first on Investor's Business Daily.

Nikola, Fuel Cell Stocks Rise On Hydrogen Infrastructure Deal

Shares of Nikola Corp. jumped 3.7% in premarket trading Wednesday, after the battery-electric and hydrogen-electric vehicle maker announced a collaboration agreement with CNH Industrial N.V.'s IVECO and OGE to establish a business structure for the transportation of hydrogen.

Nikola teams with CNH's IVECO, OGE on developing a hydrogen transportation network

CNH Industrial NV

ULM, Germany, April 14, 2021 /PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA), IVECO and OGE today announced they have entered into a letter of intent for a collaboration to establish a business structure for transporting hydrogen via pipeline network from production sources to hydrogen fueling stations in support of fuel-cell electric vehicles (FCEVs). The collaboration is being launched with the intent to further define and formalize the roles and responsibilities of the parties and the required collaboration governance to enable execution of objectives to be stated in definitive agreements.

Nikola, IVECO and OGE Announce Intent to Accelerate the Deployment of Hydrogen Infrastructure and Fueling Solutions

PHOENIX, April 8, 2021 /PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA), a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles ("BEVs"), fuel-cell electric vehicles ("FCEVs") and energy infrastructure solutions, announced today its first step in establishing a nationwide plan for its Class 8 truck sales and service coverage. Nikola, in partnership with RIG360 Service Network, a network of heavy-duty truck service and maintenance centers, plans to provide sales and service products for commercial customers at more than 65 RIG360 dealer locations throughout the Southeast, Midwest and Northeast regions of the United States.

Nikola and RIG360 Announce Expansive Sales and Service Dealer Network

Nikola Corp said on Wednesday its fuel-cell development head, Jesse Schneider, has left the company to pursue opportunities in the hydrogen industry, sending shares of the electric-truck maker down 5%.

Nikola's fuel-cell development head exits, shares fall

Lordstown Motors

Nikola Corp. (NASDAQ:NKLA) and Lordstown Motor Corp. (NASDAQ:RIDE) are a couple of EV stocks looking to break the downtrend that the companies are in.

2 Downtrending EV Stocks Looking To Make A Comeback

Trevor Milton shrunk his stake in his former company---again. The move seems to be driving down shares on Monday.

Nikola Founder Makes a Curious $48.6M Stock Sale

Tesla's good news on deliveries wasn't enough to give other EV stocks a boost.

Why Nikola Stock Is Slumping Today

Former Nikola Corp. (NASDAQ: NKLA) Executive Chairman and founder Trevor Milton pocketed about $49 million from selling 3.5 million shares in the startup electric truck company last week. Milton is the subject of federal investigations over fraud claims alleged by a short seller that drove the company's stock price to crater last fall.

Trevor Milton rakes in $49M in sale of 3.5M Nikola shares

The shares of Nikola (NASDAQ:NKLA) have received a price target of $24 by Vertical Research. These are the details.

Nikola Stock Price: $24 By Vertical Research

The electric vehicle stock now trades down 85% from its 52-week high.

Why Nikola Stock Sank 23.3% in March

Li Auto Inc.

Tesla

Workhorse Group

XPeng

Toyota Motor

Volkswagen AG

Global electric car sales for Feb. 2021 up 136% YoY reaching ~4-5% share. Europe sales up 66% YoY reaching 14% share, China sales rose 500% YoY reaching 9% share. EV market news - EU plotting ban on internal combustion engine as of 2025: Industry. UBS increases EV market share forecast to 20% by 2025 and 50% in 2030.

EV Company News For The Month Of March 2021

President Biden's infrastructure plan is set to be released on Wednesday afternoon and some analysts argue it will help revive the EV sector after its recent pullback. Wedbush's Dan Ives said in a note to clients on Wednesday morning that he expects a "green tidal wave" from the plan to boost EV stocks.

Biden's infrastructure plan is a 'green tidal wave' that will revive the EV sector after its recent pullback, Wedbush says

Albertsons Companies

Churchill Capital Corp IV

Climate Change Crisis Real Impact I Acquisition Corporation

General Motors

Kroger

EV Stocks Are Getting Crushed: Time to Buy?

Nikola stock might be an interesting contrarian play now. Probability analysis says NKLA may be a buy if the company meets its milestones in 2021.

Nikola Stock Might Be an Interesting Contrarian Play Now

Plug Power

No news is bad news for this profitless trio.

Why Plug Power and Bloom Energy Stocks -- and Nikola, Too -- All Crashed Today

Blink Charging

Shares of several EV makers and EV service providers Tesla Inc (NASDAQ: TSLA), Nio (NYSE: NIO), Nikola Corporation (NASDAQ: NKLA), Blink Charging Co (NASDAQ: BLNK) and Xpeng Inc - ADR (NYSE: XPEV) are trading higher Monday after Reuters reported California's democratic senators Alex Padilla and Dianne Feinstein have urged President Biden to set a firm date to phase out gas-powered passenger cars and trucks. Tesla has solidified itself as a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles.

Why Tesla, Nio, Nikola, Blink Charging And Xpeng Stock Are Popping Off Today

Massive disruption is hurtling down the highway toward a $1.5 trillion global trucking market, as legacy manufacturers and new entrants alike grapple for pole position in a race for dominance in zero-emissions trucks.

News for Nikola Stock (NKLA)