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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

General Motors

General Motors (NYSE: GM) won't take an equity stake in startup electric truck maker Nikola Corp. (NASDAQ: NKLA), ending Nikola's plans for its Badger pickup. But the two agreed to a nonbinding memorandum of understanding to explore using GM's Hydrotec fuel cells in heavy-duty trucks.

News alert: GM won't take equity stake in Nikola

Shares of Nikola Corp. sank 15.2% in premarket trading Monday, after the battery- and hydrogen-electric vehicle maker said it signed an new supply agreement with General Motors Co. , which doesn't include the previously announced GM equity stake. Nikola said the new Memorandum of Understanding (MOU) "supercedes and replaces" the deal announced on Sept.

Nikola's stock tumbles after new supply deal with General Motors doesn't include equity stake

General Motors and Nikola announced a reworked, smaller agreement that keeps the fuel-cell partnership intact but eliminates an equity stake in the startup.

Nikola shares slide after GM gives up equity stake in smaller reworked, deal that abandons plans to build electric pickup

General Motors Co and Nikola Corp on Monday announced a reworked, smaller agreement that keeps a fuel-cell partnership intact but eliminates an equity stake in the startup for the Detroit automaker as well as plans for building Nikola's electric pickup truck.

GM, Nikola announce reworked, smaller deal focused on supplying fuel-cell systems

DETROIT, Nov. 30, 2020 /PRNewswire/ -- Global supply agreement focused on GM's Hydrotec fuel cell system for Nikola's Class 7/8 trucks Non-binding MoU replaces previous transaction announced Sept. 8, 2020 General Motors Co. (NYSE: GM) today announced it has signed a non-binding memorandum...

General Motors Signs MoU with Nikola to Supply Hydrotec Fuel Cell Systems

Nikola Motor Corp. (NASDAQ: NKLA) founder Trevor Milton no longer makes decisions for the startup electric truck maker. But he still wields significant influence.

Trevor Milton can dump his Nikola stock on Monday — will he?

Corsair Gaming

Deere & Company

Nikola, Deere, Nio and Corsair Gaming were our top stock trades for Friday. Let's feast our eyes on the charts before we feast on turkey.

4 Top Stock Trades for Friday: NKLA, DE, NIO, CRSR

JPMorgan is "skeptical" about Nikola finalizing a deal with GM to produce an electric pickup called the Badger for the embattled vehicle start-up.

JPMorgan 'skeptical' about GM producing Nikola badger pickup

BYD Company Limited

Li Auto Inc.

XPeng

Electric-car stocks sold off on news of a probe in China, while Nikola failed to assuage investors on a proposed GM partnership.  The post Electric-Car Stocks Fall As China Signals Crackdown; Nikola Nears GM Deadline appeared first on Investor's Business Daily.

Electric-Car Stocks Fall As China Signals Crackdown; Nikola Nears GM Deadline

Negotiations with GM remain uncertain. Meanwhile, a lockup expiration looms.

Why Nikola Stock Is Rolling Downhill Today

The stock price of Nikola Corporation (NASDAQ: NKLA) is down over 10% today as it went from a previous close of $34.50 per share to $29.21 as of 10:12 AM ET. This is why it happened.

NKLA Stock Price Tumbles Over 10%: Why It Happened

Ford Motor Company

Tesla

Workhorse Group

Short interest moves among automaker stocks were mostly higher during the two-week reporting period that ended on November 13.

Short Sellers Like Electric Vehicle Stocks as Share Prices Soar

Nikola (NKLA) stock is trading lower by 15% in Wednesday's pre-market, giving up Tuesday's 17% advance.

Nikola (NKLA) Buyers Trapped in Overnight Reversal

Nikola shares tanked as much as 15% in early Wednesday trading after the automaker's CEO offered mixed messaging on whether a deal with General Motors will materialize by a key December deadline. Chief executive Mark Russell said talks with GM are ongoing, particularly on fuel cell supply and production of Nikola's Badger pickup truck. The CEO stopped short of guaranteeing a deal will go through, leading investors to fear the $2 billion partnership could miss expectations.

Nikola dives 15% after CEO offers murky commentary on GM deal ahead of December 3 deadline

Nikola's stock price plunged Wednesday after CEO Mark Russell refused to offer assurances that the electric-truck maker's partnership with General Motors had not fallen apart. Shares in the Arizona-based startup sank 14.3 percent to $29.55 in premarket trading as of 8:05 a.m.

Nikola stock plummets after CEO dodges questions on $2B GM deal

Shares of Nikola Corp. dropped 16.1% in premarket trading Wednesday, putting them on track to snap a record eight-day win streak in which the electric truck maker's stock rocketed 76.3%. In an interview late Tuesday on CNBC's "Mad Money with Jim Cramer," Chief Executive Mark Russell did not reassure investors that partnership with General Motors Corp. announced in September, which included GM receiving a $2 billion stake in Nikola, would still go through, as CNBC reported.

Nikola's stock tumbles to put record 8-day win streak in danger

Nikola stock fell during afterhours trading after its CEO declined to comment on a deal being finalized with GM and a potential stock selloff by its ex-chairman.

Nikola shares fall after CEO fails to reassure investors GM won't pull out of $2 billion deal

NKLA stock continues to trend higher on Tuesday, despite Nikola having no real news. Here's what you need to know right now.

NKLA Stock: Why Nikola Continues to Rocket Higher Today

Why Nikola Stock Is Higher Today

Shares of the electric-truck company Nikola surged as much as 29% on Tuesday after General Motors announced its no longer supporting the Trump administration's efforts to bar California from setting its own emissions regulations. California's authority to set its own fuel regulations will likely boost the electric-vehicle industry, as will GM's new plan to increase spending on EVs and work with president-elect Joe Biden to promote the industry. "We are confident that the Biden Administration, California, and the U.S. auto industry, which supports 10.3 million jobs, can collaboratively find the pathway that will deliver an all-electric future," said GM CEO Mary Barra, the Wall Street Journal reported. The Nikola stock surge also comes as investors speculate that Nikola and GM may be close to finalizing a partnership. 

Nikola surges 29% as GM backs EV regulations and investors speculate a deal between the two companies is near

Shares of Nikola Corporation (NASDAQ: NKLA) have received a price target of $35 by Loop Capital recently. These are the details.

NKLA Stock Price: $35 Target By Loop Capital

The risks are real, but don't count these three companies out.

3 Crazy EV Stock Ideas That Just Might Work Out

Investors should hold off on buying NKLA stock until next month, when restrictions on the sale of over 25 million shares are set to expire. The post Nikola Looks Like a Good Longer-Term Bet appeared first on InvestorPlace.

Nikola Looks Like a Good Longer-Term Bet

The Hindenburg Research report exposed several chinks in the EV maker's armor, and NKLA stock will continue its slide to bear the brunt. The post 3 Reasons to Avoid Nikola Stock as Hype Catches up to the EV Maker appeared first on InvestorPlace.

3 Reasons to Avoid Nikola Stock as Hype Catches up to the EV Maker

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.

News for Nikola Stock (NKLA)