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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Nikola Corp. was downgraded at J.P. Morgan, for what analyst Paul Coster said was for "tactical" reasons, including shorter-term concerns over valuation.

The Ratings Game: Nikola downgraded at J.P. Morgan for ‘tactical' reasons, including timing and valuation

Nikola has done a bit more than give a “mistakes were made” defense. And that should put the matter to rest.

With One Scandal Behind It, Nikola Needs to Give Investors Something to Believe In

The electric vehicle stock is now down 82% from its 52-week high.

Why Nikola Stock Sank 21.6% in February

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Selling shares at sky high prices can help drive a company's growth long-term.

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All signs indicate that Nikola has recovered from the controversies that once plagued it. Further, NKLA stock looks meaningfully undervalued.

It Looks Like Beleaguered Nikola Is Back on Track

For most investors, NKLA stock is a dead horse you don't need to beat. But there's always that lingering possibility of upside.

If You're a True Fundamental Investor, You'll Stay Away From Nikola Stock

NKLA stock is off sharply from its highs, but that doesn't make it cheap. With Nikola flailing, EV investors still can do better.

Nikola Requires More Progress and More Credibility Before It's a Buy

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Global electric car sales for Jan. 2021 up 112% YoY reaching 5% share. Europe sales up 50% YoY reaching 14% share, China sales rose 223% YoY reaching 8.4% share.

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Electric truck company Nikola is throwing its founder and former executive chairman Trevor Milton under the proverbial hydrogen-powered bus.

Nikola: Former executive chairman misled investors numerous times

Electric-truck startup Nikola determined its ousted founder Trevor Milton made several inaccurate claims about the company's technology following an internal probe.  In an annual regulatory filing released Thursday, the electric-vehicle firm detailed nine statements Milton and the company made from 2016 through the firm's public listing last year that were "inaccurate in whole or in part, when made."

Nikola probe finds ousted founder Trevor Milton made several 'inaccurate' statements (NKLA)

CFRA downgraded shares of Nikola to a "sell" on Thursday and lowered the price target to $12 per share after the electric-vehicle maker reported earnings. Senior analyst Garrett Nelson cited "supplier issues" and potential "legal risks" as the main reasons for the downgrade.

Nikola downgraded to 'sell' by CFRA amid supplier issues and potential 'legal risks' (NKLA)

The company spent more than $24 million in legal fees related to short-seller allegations in 2020.

Nikola Review Determines Its Founder Made Several "Inaccurate" Claims

Nikola admitted that founder and former chairman Trevor Milton made several “inaccurate” claims about the electric-truck maker's business before he resigned under pressure last year. An internal investigation affirmed several findings of the Hindenburg Research report that threw Nikola into chaos last fall after the short-selling firm alleged that the buzzy company had been built.

Nikola admits founder Trevor Milton made ‘inaccurate' claims

NKLA stock is taking a beating on Friday after Nikola finally admitted to founder Trevor Milton making false claims during his tenure. The post NKLA Stock: 10 Things to Know About Electric-Truck Maker Nikola Today appeared first on InvestorPlace.

NKLA Stock: 10 Things to Know About Electric-Truck Maker Nikola Today

Things were looking up for electric vehicle maker Nikola Corporation (NASDAQ:NKLA) following the release of the company's fourth-quarter results, which were better than Wall Street predicted.

Nikola Stock Plunges With Founder in Even More Hot Water

Nikola Corp and its founder Trevor Milton had made several statements that were partially or completely inaccurate, the electric-truck maker disclosed in a regulatory filing late on Thursday following an internal review.

Nikola's internal review finds inaccuracy in some statements by Milton

Nikola Corporation (NKLA) CEO Mark Russell on Q4 2020 Results - Earnings Call Transcript

Startup electric truck maker Nikola Corp. (NASDAQ: NKLA) reported a Q4 loss half of what analysts expected. It also has canceled its Powersports business to focus solely on battery-electric and hydrogen-powered fuel cell Class 8 trucks.

Nikola loses half as much as expected as Powersports unit dropped

The fees are part of an increased legal expenses of $27.5 million primarily related to regulatory/legal matters in connection to fraud claims by a short-seller.

Nikola is paying $8.1 million in legal fees for ousted chairman Trevor Milton

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Nikola expects to start generating significant revenue from its electric semi-trucks, while Fisker reported strong demand for its electric SUV. The post Nikola Sees First Significant Revenue In 2021; Fisker Reservations Jump appeared first on Investor's Business Daily.

Nikola Sees First Significant Revenue In 2021; Fisker Reservations Jump

Investors in the maker of alternative-fuel trucks won't care much about earnings, anyway, as Nikola doesn't even generate sales yet.

Nikola's Quarter Was Fine. Investors Are Focusing on Business Execution.

Nikola Corp. reported a narrower-than-expected loss in the fourth quarter, promising to focus on its core business of electric and fuel-cell commercial trucks.

Earnings Results: Nikola stock gains after narrower Q4 loss for electric-truck maker

PHOENIX, Feb. 25, 2021 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter and full year ended December 31, 2020. "In the fourth quarter of 2020, Nikola made the necessary changes...

Nikola Corporation Reports Fourth Quarter and Full Year 2020 Results

Ahead of fourth-quarter results the startup unveiled a revamped lineup focused on the shorter-range, battery-powered Tre, a new 500-mile-range fuel cell version of Tre and 900-mile-range hydrogen-powered Nikola Two "Sleeper" truck.

Nikola Retools After Wild Ride, Keeps Focus On Big Rigs, Hydrogen And Range

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News for Nikola Stock (NKLA)