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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Trevor Milton plans to remain Nikola's largest shareholder even though restrictions on insider stock sales expired last month, Bloomberg reported Monday. Milton resigned as chairman in September over allegations of fraud and deceptive statements related to the company's success. But the founder remains positive of Nikola's eventual success, Bloomberg said, citing an email from Milton's spokesperson.

Nikola founder Trevor Milton plans to remain the automaker's largest shareholder despite being free to sell stock, report says

The biggest question surrounding last week's expiration of a lockup on early buyers of Nikola Corp. (NASDAQ: NKLA) shares focused on what Trevor Milton would do with his 91.6 million shares. The answer: Not much.

Nikola founder whittles holdings in electric truck startup

Several factors push NKLA stock down but that doesn't mean value investors should rush in and purchase shares on the dip. The post Nikola Is Facing Serious Headwinds appeared first on InvestorPlace.

Nikola Is Facing Serious Headwinds

Officials in Coolidge, Arizona, report that Nikola Corp. (NASDAQ: NKLA) is making significant construction progress on the first phase of its $600 million electric truck assembly plant.  It's a bit of positive news for the beleaguered startup.

Despite Nikola's woes, electric truck plant progresses in Arizona

Investors may have found warning signs about Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton if they had bothered to look, Financial Times reported today in one of its regular "Big Read" features. Due Diligence Gaps: The British newspaper dug into Milton's business history, speaking with with past employees, customers, advisers and investors, who said Nikola was the latest in a string of Milton's business failures.

Better Due Diligence Would Have Turned Up More Clues About Nikola Founder Trevor Milton: Financial Times

NKLA stock still is based mostly on an idea. That makes investor confidence paramount -- and that confidence is nowhere to be found.

Struggling Nikola Stock Still Has Further to Fall

Shares of Nikola Corp (NASDAQ: NKLA) slipped 15% on Tuesday, extending its downtrend as some individuals inside the company were reportedly selling shares of the company a day after General Motors Co amended its deal with Nikola. Fundamental analysis: Deal amended Over $1.2 billion worth of Nikola Corp's stock had been traded on American exchanges by Tuesday evening, as opposed to a daily average of around $1.9 billion over the previous five sessions, data by Refinitiv showed.

Nikola stock price trades near 7-month lows on amended deal with GM

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Nikola Corporation's (NASDAQ: NKLA) fuel cell and battery technology partner Robert Bosch GmBH has diluted its stake in the electric vehicle manufacturer. What Happened: The German engineering company's wholly-owned Delaware-based subsidiary Nimbus Holdings LLC sold 4.26 million of Nikola shares on Tuesday, it revealed in a filing with the U.S. Securities and Exchange Commission.

Bosch Reduces Nikola Stake To Fall Below SEC's Beneficial Ownership Reporting Requirement Of 5%

XPeng

Global electric car sales for Oct. 2020, up 127% YoY (fastest growth in 8yrs) at 4.9% share. Europe sales up 195% YoY reaching 13% share, China sales rose 120% YoY. EV market news - Biden's pro-EV sector policies. UK bans sales of new gas & diesel cars from 2030. USA Zero Emission Transportation Association calling for 100% EVs by 2030.

EV Company News For The Month Of November 2020

Shares in electric startup Nikola Corp. (NASDAQ: NKLA) cratered for a second consecutive day Tuesday. Early investors sold shares on their first day freed from lockup.

Nikola shares crater as early investor lockup lifts

The number of naysayers is growing, but you don't have to listen to the doubters if you have a firm belief in the future of NKLA stock. The post Stand Firm Even as Nikola Haters Get Aggressive appeared first on InvestorPlace.

Stand Firm Even as Nikola Haters Get Aggressive

Nikola Corp's stock extended its recent drop on Tuesday as investors were allowed to sell shares of the electric truck maker on the expiration of the startup's share lock-up period.

Nikola shares drop as share lockup period expires

NKLA stock continues to be a battleground stock favoring the company's critics, but the war between bears and bulls isn't entirely over The post Is Nikola Stock One to Avoid or Buy on the Dip? appeared first on InvestorPlace.

Is Nikola Stock One to Avoid or Buy on the Dip?

Nikola fell 18% on Tuesday, the same day a lockup period for insiders to sell their shares expired. The expiry of the lockup period means Nikola insiders are now able to sell any shares of Nikola that they hold.

Nikola falls 18% as insider lockup period expires, allowing founder Trevor Milton to sell 91 million shares (NKLA)

The revised GM deal tells us something important, and it's not good.

A Lockup Expiration Isn't the Only Thing Hurting Nikola Stock Today

The hotly anticipated Nikola Badger is no more. General Motors and zero-emissions startup Nikola Motor, whose $2 billion partnership announcement in September predated a series of public relations nightmares for the latter, shared an update on their highly publicized deal this week. Under it, GM will still provide fuel cells for Nikola trucks but won't take a $2 billion stake in the company, while plans for the once-promising all-electric Badger pickup truck are canceled. 

The rise and fall of the Nikola Badger, the all-electric Cybertruck rival that never was

The work agreement marks the end of a tumultuous path that saw Nikola lose its founder and CEO Trevor Milton after accusations of fraud and lying about its technology, led to Milton stepping down from his position.

Is this the end for Nikola?

Hyliion

The recent presidential election fueled gains in EV stocks as Biden's leadership is green-centric with large tax credits for EV purchases and investments in charging infrastructure.  More and more people are shifting toward EVs, with the main reasons being cost-efficiency, improved battery life, and enhanced performance.

Nikola Bites The Dust, Hyliion Might Follow Suit

Nikola Corporation (NASDAQ: NKLA) shares dropped another 16% on Tuesday morning and are now down 40% in two days after the company announced a reworked deal with General Motors Company (NYSE: GM) that doesn't involve GM taking an equity stake in Nikola. Nikola short sellers took a massive hit back in September when Nikola announced a new partnership with GM.

Nikola Short Sellers Up $414M Following Reworked GM Deal

Shares of Nikola plummeted as much as 18.3% Tuesday morning after an insider lockup period expired on up to 166 million shares of the electric truck start-up.

Nikola shares see another ugly selloff in volatile trading as insider lockup period expires

With roughly 360.9 million shares of company stock outstanding, Milton is by far Nikola's largest single shareholder.

Nikola founder Trevor Milton can sell his 91.6 million shares starting Tuesday as insider lockup period expires

General Motors

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, what was described as a “cyber incident” has now been resolved at Rand McNally, and the company's ELDs are back online.

The Daily Dash: Rand McNally ELDs are back online; GM, Nikola reach revised agreement

The Nikola warrants that used to be listed are now all exercised or expired worthless just in case anyone is still holding any. This leaves the straight equity as the thing to be considered and here it's difficult.

Nikola Warrants Are Gone, So, About The Equity Then

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SPDR S&P 500 ETF Trust

Apple, General Motors, Nikola, Moderna and the S&P 500 ETF were our top stock trades for Tuesday. Now, let's look at the charts.

News for Nikola Stock (NKLA)