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 said it has rejected a slate of five nominees for its board of directors that were proposed by an entity controlled by former Chairman and Founder Trevor Milton.

Nikola Rejects Founder Trevor Milton's Board Nominees

Nikola Corp. said Friday that it has rejected the five “dissident” nominees to its eight-member board of directors — nominees proposed by M&M Residual LLC, the entity of the founder of the hydrogen- and electric-truck maker Trevor Milton.

EV maker Nikola rejects convicted founder Trevor Milton's plan to add 5 board members

Milton, Former Executive Chair, Criminally Convicted and Sentenced to 48 Months in Prison PHOENIX , Feb. 9, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, said today that its Board of Directors has rejected a slate of five dissident nominees proposed by an entity controlled by former Executive Chairman Trevor Milton for election as directors at Nikola's 2024 Annual Meeting of Stockholders. On January 26, 2024, Nikola received a notice from M&M Residual, LLC, Mr.

Nikola Rejects Slate of Directors Nominated by Trevor Milton for Election to Nikola Board of Directors

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Nikola (NASDAQ: NKLA ) stock is in the news Monday after the green fuel company opened its first hydrogen refueling station in Southern California. Nikola newest location is designed to refuel Class 8 hydrogen trucks.

Why Is Nikola (NKLA) Stock in the Spotlight Today?

Shares of Nikola Corp (NASDAQ: NKLA) are in focus today after the hydrogen fuel cell electric vehicles company opened its first Hyla hydrogen refueling station. Where is Nikola's hydrogen refueling station located?

Nikola's first Hyla hydrogen refueling station is now live

Ontario, Calif. station marks a significant step in HYLA's plan to establish a hydrogen station network for Nikola customers through HYLA and partner stations HYLA station is expected to support up to 40 Class 8 trucks daily PHOENIX , Feb. 5, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, proudly announces the opening of its first HYLA hydrogen refueling station in Southern Calif.

NIKOLA OPENS FIRST HYLA HYDROGEN REFUELING STATION IN SOUTHERN CALIFORNIA

International energy executive with 30-plus years' experience takes HYLA reins PHOENIX , Feb. 2, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, announced the appointment of Ole Hoefelmann as President of the Nikola Energy division, effective February 5, 2024. A 30-plus year veteran of the hydrogen business, including decades in executive positions at Air Liquide and a stint at Plug Power, Hoefelmann most recently served as Nikola's Global Head of Infrastructure Operations, where he led the reorganization of the HYLA-brand hydrogen refueling infrastructure.

OLE HOEFELMANN APPOINTED AS PRESIDENT OF NIKOLA ENERGY

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Nikola aims to bring zero-emissions trucks to the trucking industry.

Where Will Nikola Stock Be in 2 Years?

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Nikola (NASDAQ: NKLA ) is a company I've had on my radar for some time. Indeed, at these levels, NKLA stock has certainly intrigued me as a potentially lucrative speculative bet in the world of electric vehicles (EVs) and hydrogen-powered vehicles.

NKLA Stock Price Predictions: Can Nikola Really Double From Here?

Nikola Corp (NASDAQ: NKLA) is rallying on Wednesday after a Baird analyst issued a super bullish call in its favour. Nikola stock could hit $2.0 in 2024 Ben Kallo assumed coverage of the electric vehicles company this morning with an “outperform” rating.

Nikola stock could triple from here: Baird forecasts

Nikola Corp. drew fresh analyst coverage on Wednesday as Baird Equity Research initiated the electric-truck maker with an outperform rating, as the stock moved up.

Nikola's stock rises as electric-truck producer gets an outperform rating

PHOENIX, Jan. 23, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced it will report is fourth quarter and full year ended December 31, 2023 financial results and business updates on Thursday, February 22, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m.

NIKOLA CORPORATION ANNOUNCES DATE FOR FOURTH QUARTER AND FULL YEAR 2023 RESULTS AND WEBCAST AND Q&A PLATFORM FOR SHAREHOLDERS

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Nikola (NKLA) reachead $0.65 at the closing of the latest trading day, reflecting a -0.06% change compared to its last close.

Nikola (NKLA) Stock Drops Despite Market Gains: Important Facts to Note

Nikola's financial statement provides investors with vital information about the company's prospects.

Financial Statement Series: Nikola Stock Analysis

One of last year's most troubled companies isn't showing signs of a turnaround. Electric truck maker Nikola (NASDAQ: NKLA ) doesn't have much further to fall after losing 72% of its value over the past six months.

Sell Nikola (NKLA) Stock Now While You Still Can

The countdown has officially started for Nikola (NASDAQ: NKLA ), as Nasdaq provided the electric truck company with a non-compliance notice on Jan. 19 due to its shares closing below $1 for 30 consecutive trading days. Now, NKLA stock will have 180 calendar days, or until July 17, to close at or above $1 for at least 10 consecutive business days.

NKLA Stock Alert: Nikola Receives Nasdaq Non-Compliance Notice

DesignCon 2024 Shifts into High Gear with Return of Program Dedicated to EV and Autonomous Innovation SANTA CLARA, CA / ACCESSWIRE / January 19, 2024 / DesignCon (Jan. 30 - Feb. 1, 2024), the premiere event for chip, board, and systems design engineers, today announces the return of Drive World, the industry's leading autonomous vehicle (AV) and electric vehicle (EV) design, intelligence, and electronics forum. Hosted as part of DesignCon at the Santa Clara Convention Center, Drive World has expanded this year to bring together the top minds from across the automotive engineering and intelligence landscape to address the mission-critical issues and opportunities that are driving the automotive electronics market growth, which is projected to surge more than 37% between 2023 and 2027.

News for Nikola Stock (NKLA)