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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General Motors

After a short seller targeted Nikola Corporation (NASDAQ: NKLA) over alleged deception, the electric car maker received a show of support from General Motors Company (NYSE: GM).

'Very Capable' Team Vetted Nikola Ahead Of $2B Deal, GM CEO Says

LOS ANGELES--(BUSINESS WIRE)---- $NKLA #classaction--The Law Offices of Frank R. Cruz continues its investigation of Nikola Corporation ("Nikola" or the "Company") (NASDAQ: NKLA) on behalf of investors concerning the Company’s possible violations of federal securities laws.

The Law Offices of Frank R. Cruz Continues Its Investigation of Nikola Corporation (NKLA) on Behalf of Investors

TSLAs explosive stock price appreciation has invited imitation. To find an example of the perceived call option embedded in tech stocks, look no further than NKLA.

NKLA: Beauty By Imitation Is In The Eye Of The Beholder

BERWYN, Pa., Sept. 14, 2020 /PRNewswire/ -- RM LAW, P.C.

RM LAW Announces Investigation of Nikola Corporation.

The U.S. Securities and Exchange Commission is reportedly looking into claims that Nikola Corp. is involved in an alleged “intricate fraud,” the latest development in a controversy that erupted last week just days after GM took an 11% stake in the newly public company.

SEC to investigate short seller’s claims against Nikola, report says

Nikola Corporation's (NASDAQ: NKLA) wild week has reached the ears of the SEC. What Happened: After Monday's closing bell, Bloomberg reported the U.S.

The SEC Gets Involved With Nikola

The U.S. Securities and Exchange Commission is probing Nikola Corp to assess the merits of short-seller Hindenburg's allegations that the EV maker misled investors about its business prospects, Bloomberg News reported https://bloom.bg/3kk4HT4 on Monday.

SEC to examine Nikola over short-seller's fraud allegations: Bloomberg News

DraftKings

Citigroup

Oracle

DraftKings, Nikola, Oracle and Citigroup were our top stock trades for Tuesday. That said, let's look at the charts to see what's going on.

4 Top Stock Trades for Tuesday: DKNG, ORCL, NKLA, C

General Motors conducted "appropriate diligence" regarding a $2 billion deal with electric vehicle start-up Nikola, GM CEO Mary Barra said Monday.

GM conducted 'appropriate diligence' on $2 billion Nikola deal, CEO Mary Barra says

San Francisco, California--(Newsfile Corp. - September 14, 2020) -  Hagens Berman urges Nikola Corporation (NASDAQ: NKLA) investors to contact the firm now.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Possible Securities Law Violations by Nikola (NKLA), Encourages NKLA Investors and Whistleblowers to Contact the Firm

Nikola Corporation (NKLA) Management Presents at RBC Capital Markets Global Industrials Virtual Conference (Transcript)

Nikola Corp. (NASDAQ: NKLA) rebutted some specifics of a blistering report by a short seller that questioned the startup electric truck maker's integrity.

Nikola Rebuts Short Seller's Screed, Share Price Rebounds

NKLA stock could lose more value depending on the official terms of its agreement with GM. It may be wisest to wait.

Nikola’s Troubles With Short Sellers Raise Questions About Its Value

CNH Industrial NV

Nikola Corp and vehicle equipment maker CNH Industrial said the firms are working together to build prototypes of the EV maker’s Tre semi-truck, sending Nikola’s shares up 12%, days after a scathing report from short-seller Hindenburg alleged the company of ‘fraud’.

Nikola, CNH say building electric truck prototypes, target end 2021 launch

BENSALEM, Pa.--(BUSINESS WIRE)---- $NKLA #classaction--INVESTOR ALERT: Law Offices of Howard G.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation of Nikola Corporation (NKLA) on Behalf of Investors

The aspiring maker of battery-electric and hydrogen-electric trucks issued a response today.

Nikola Refutes Short-Seller Accusations

Nikola Corp., the hydrogen electric vehicle startup that went public this year through a merger with a special purpose acquisition company, released Monday a point-by-point rebuttal that attempts to disprove a report issued last week by short-seller Hindenburg Research that accused the company of fraud.

Nikola disputes fraud claims in carefully worded rebuttal

Nikola stock is likely to be volatile before it finds new and stable roads for revenue growth
The post Will Nikola Stock Continue to Benefit From GM Partnership Announcement? appeared first on InvestorPlace.

Will Nikola Stock Continue to Benefit From GM Partnership Announcement?

The electric vehicle startup released a detailed rebuttal refuting the Hindenburg Research report which Nikola says was timed to benefit the author’s bet the hydrogen truckmaker’s stock would fall.

Nikola Rebuts Short-Seller’s Accusations That Sank Hydrogen Truckmaker’s Stock

Insane volatility seized Nikola stock amid fraud allegations last week. You should stay away until the smoke clears.

Don’t Touch Nikola Stock After Last Week’s Dumpster Fire

Shares of electric and hydrogen-electric semi maker Nikola Corp. (NASDAQ: NKLA) dropped by 24% last week following a scathing report from short seller Hindenburg Research.

How Solid Is Nikola’s Response to Short Seller Attack?

Thanks to its new GM partnership, Nikola is positioned to bring to market best-in-breed trucks in a few years, making NKLA stock a buy. 
The post Should You Buy Nikola Stock Because Of Its New General Motors Partnership?

Should You Buy Nikola Stock Because Of Its New General Motors Partnership?

Nikola rebutted short seller Hindenburg Research's claims, while a key Wall Street analyst came to the electric truck startup's defense.
The post Nikola Stock Rebounds As Key Wall Street Analyst Defends EV Maker appeared first on Investor's Business Daily.

Nikola Stock Rebounds As Key Wall Street Analyst Defends EV Maker

Nikola Corp. NKLA, +7.00% stock on Monday looked poised to snap a three-session losing streak, with analyst Dan Ives with Wedbush saying it remains a "prove me" stock and keeping its neutral rating on the shares.

Nikola is a 'prove me' stock, analyst says

Nikola stock benefited from early hype before reversing. Given the valuation and risks, that reversal should continue; patience is advised.

News for Nikola Stock (NKLA)