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 (NASDAQ: NKLA ) stock is up on Thursday after the hydrogen fuel cell electric vehicle (EV) company's deliveries for the first quarter of 2024 beat out estimates. This saw the company report a total of 40 vehicle deliveries during the quarter.

NKLA Stock Surges 8% as Nikola Beats Q1 Delivery Estimates

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Nikola Corp. produced 43 hydrogen-electric trucks in the first quarter, 40 of which were wholesaled to dealers.

Nikola produced more fuel-cell trucks in Q1 than it did in all of 2023

Nikola on Thursday beat estimates for quarterly deliveries of hydrogen fuel cell trucks as the electric-vehicle maker looks to move away from its battery-powered trucks.

EV maker Nikola beats first-quarter deliveries estimates for hydrogen trucks

PHOENIX , April 4, 2024 /PRNewswire/ -- It was a productive Q1 for Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, as the company produced 43 and wholesaled 40 Class 8 Nikola hydrogen fuel cell electric vehicles. In addition, the Nikola team has commenced the return process for the BEV "2.0" trucks to customers.

NIKOLA PRODUCES 43, WHOLESALES 40 HYDROGEN FUEL CELL ELECTRIC TRUCKS FOR U.S. CUSTOMERS IN Q1 2024

Zacks.com users have recently been watching Nikola (NKLA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Nikola Corporation (NKLA) is Attracting Investor Attention: Here is What You Should Know

Tesla disappointed investors with its first-quarter delivery report today. Nikola added to the negative reaction with another lawsuit involving its founder and former chairman.

Why Nikola Stock Ran Out of Gas Today

Shares of Nikola Corp. climbed Monday toward a record-long win streak, as investors weren't too distracted by the electric-vehicle maker's growing dispute with those connected to its convicted founder and former chairman, Trevor Milton.

Nikola's stock heads for a record win streak as EV maker sues Heavy D, founder

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Nikola (NASDAQ: NKLA) stock price is doing well this year. It has risen nine straight days and is now sitting at its highest level since November 6th last year.

Nikola stock price beat Tesla in Q1: will the trend continue?

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Nikola's hydrogen refueling business has had some positive news over the last week. The stock is also likely benefiting from a short-squeeze.

Nikola Soared Again Thursday. Is the Red-Hot Stock a Buy Right Now?

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Treasury Secretary Yellen gave hints that protections may be needed against Chinese competition. The Paris Olympics could highlight hydrogen vehicles.

Why Nikola, Solid Power, and Blink Charging Skyrocketed This Week

Nikola Corp (NASDAQ: NKLA) is up more than 10% on Thursday after announcing plans of a hydrogen refueling station in Canada. Alberta to get its first hydrogen fueling station HYLA – a subsidiary of the electric vehicles company based out of Phoenix, Arizona will set up a new hydrogen fueling station in Alberta.

Nikola launches hydrogen fueling station in Alberta, Canada

Nikola announced plans for a hydrogen refueling station in Western Canada. The company already has one station operating in California.

Why Nikola Stock Soared Today

Here is how Nikola (NKLA) and Oshkosh (OSK) have performed compared to their sector so far this year.

Is Nikola (NKLA) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

The maker of battery-electric and fuel-cell electric trucks has high aspirations. But the company's financial performance so far has failed to meet expectations.

Is Nikola Stock a Buy?

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Hydrogen fuel cell stocks ended 2023 on a sour note, and have not started 2024 on good footing either. The Global X Hydrogen ETF (NASDAQ: HYDR ), which holds 29 different hydrogen energy companies, has fallen 20% year-to-date.

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Nikola Corporation (NKLA) Is a Trending Stock: Facts to Know Before Betting on It

Faraday Future (NASDAQ: FFIE), Canoo (GOEV), and Nikola (NKLA) stock prices continued their short-squeeze this week even as concerns about the EV industry intensified. Nikola jumped to $0.6574, 11% above its lowest level this month.

Faraday Future, Canoo (GOEV), Nikola short squeeze intensifies

Ontario-based station marks a significant step forward in establishing comprehensive hydrogen refueling network for Class 8 trucks PHOENIX , March 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, celebrated the grand opening of its inaugural HYLA high-pressure modular refueling station and facility in Southern Calif. The celebration welcomed fleet customers, dealers from Nikola's sales and service network, government officials, industry press and members of the Nikola leadership and engineering teams, each playing an integral role in the realization of this achievement.

NIKOLA CELEBRATES GRAND OPENING OF FIRST HYLA REFUELING STATION IN SOUTHERN CALIFORNIA

Nikola (NKLA) closed at $0.63 in the latest trading session, marking a +1.7% move from the prior day.

Nikola (NKLA) Beats Stock Market Upswing: What Investors Need to Know

Nikola (NASDAQ: NKLA) stock price continued its strong downtrend this week as sentiment in the EV industry worsened. It was trading at $0.6370 on Friday, bringing the YTD losses to 27.25%.

News for Nikola Stock (NKLA)