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

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Nikola Corporation (NASDAQ: NKLA) between February 24, 2022 and September 7, 2023, both dates inclusive (the “Class Period”), of the important December 12, 2023 lead plaintiff deadline. SO WHAT: If you purchased Nikola securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

NKLA DEADLINE TUESDAY: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Nikola Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NKLA

NEW YORK , Dec. 10, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Nikola Corporation ("Nikola" or the "Company") (NASDAQ: NKLA) and certain officers. The class action, filed in the United States District Court for the District of Arizona, and docketed under 23-cv-02131, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Nikola securities between February 24, 2022 and September 7, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Nikola Corporation of Class Action Lawsuit and Upcoming Deadline - NKLA

Nikola will receive an estimated $300 million in the combination equity sale and convertible debt offering.

Why Nikola Stock Crashed After a Stock Sale Announcement

Nikola is facing a cash crunch and raising $300 million through a stock and bond sale. The company reported negative revenue and a big loss last quarter.

Why Nikola Stock Plunged More Than 25% This Week

PHOENIX , Dec. 7, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA) today announced the pricing of its concurrent public offerings of 133,333,334 shares of common stock, at a public offering price of $0.75 per share, and $175,000,000 aggregate principal amount of 8.25% Green Convertible Senior Notes due 2026 (the "Notes"). The issuance and sale of the common stock and the Notes are scheduled to settle on December 12, 2023, subject to customary closing conditions.

Nikola Corporation Prices Offerings of Common Stock and Convertible Senior Notes

Nikola Corp (NASDAQ: NKLA) stock price collapse continued its remarkable collapse on Thursday after the company raised more cash, as I had predicted. The shares tumbled by over 20% and reached its lowest point since June.

I predicted the Nikola (NKLA) stock price crash: here's what I expect

Nikola (NASDAQ: NKLA ) stock is trending on social media and tumbling over 20%. The automaker, which makes both battery-electric and hydrogen-powered trucks, disclosed that it would offer a combined $300 million of NKLA stock and convertible notes.

NKLA Stock: Nikola Plunges 20% on Share Offering News

Shares of Nikola Corp. NKLA, +1.28% fell more than 16% in the extended session Wednesday after the EV company said it plans to raise $100 million of stock and $200 million in convertible notes due 2026 in two separate public offerings. Nikola said it plans to grant underwriters of the stock offering an option to buy up to an additional $15 million, and grant the underwriters of the notes offering an option to buy an additional $30 million.

Nikola's stock drops 16% after EV company announces equity raise, convertible debt raise

PHOENIX , Dec. 6, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA) today announced its intention to offer, subject to market and other conditions, $100,000,000 of common stock and $200,000,000 aggregate principal amount of Green Convertible Senior Notes due 2026 (the "Notes") in separate public offerings registered under the Securities Act of 1933, as amended. Nikola also expects to grant the underwriters of the common stock offering a 30-day option to purchase up to an additional $15,000,000 of common stock to cover over-allotments, and expects to grant the underwriters of the Notes offering an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $30,000,000 principal amount of Notes to cover over-allotments.

NIKOLA CORPORATION ANNOUNCES PROPOSED OFFERINGS OF COMMON STOCK AND CONVERTIBLE SENIOR NOTES

Hyzon Motors

Black Rifle Coffee

In the volatile investment landscape, the notion of penny stocks can concern even the most seasoned investors. These stocks, recognized for their questionable reputation, pair high risks with the potential for significant returns.

3 Doomed Penny Stocks to Dump in December

Li Auto Inc.

Despite being a hot investment trend, the electric vehicle (EV) sector faced challenges in 2023 with softened global demand. While the long-term outlook remains positive, caution is advised as not all EV companies will survive given the competitive and capital-intensive nature of the industry.

3 EV Stocks With Plenty of Room to Ride Higher in the Next 5 Years

ChargePoint Holdings

Toyota Motor

The demand for electric vehicles (EVs) is falling. Consumers aren't buying them at the same torrid pace as before, even with manufacturer price cuts and government subsidies.

This Is the Number One EV Stock to Pile Into (and 2 You Should Flee From)

NEW YORK , Dec. 4, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Nikola Corporation (NASDAQ: NKLA) between February 24, 2022 and September 7, 2023, both dates inclusive (the "Class Period"), of the important December 12, 2023 lead plaintiff deadline. SO WHAT: If you purchased Nikola securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A RESPECTED AND LEADING FIRM, Encourages Nikola Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - NKLA

NEW YORK , Dec. 4, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Nikola Corporation. Shareholders who purchased shares of NKLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Nikola Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 12, 2023 - (NASDAQ: NKLA)

Fisker Inc

Lucid Group

The Electric Vehicle industry is nothing like it was in 2022. This year has been difficult and many EV makers are glad that it is coming to an end.

3 Beaten Down EV Stocks to Sell in December

SurgePays

While we're not in a bull market, certain value penny stocks show potential for 5x or 10x returns in the next five years, assuming forecasted business catalysts unfold. If we're focusing on promising early-stage businesses, the long-term outlook is optimistic.

If This Market Rally Continues, Start Loading Up on These 3 Penny Stocks

Arcimoto

Kandi Technologies Group Inc

Electrameccanica

Tesla

Workhorse Group

XPeng

2023 is almost over and electric vehicle (EV) producers are likely happy about it. After all, this year hasn't been the strongest for the sector.

EV Stocks Alert: Electric Vehicle Prices Have Plunged 33% This Year

BigBear.ai Holdings

FuelCell Energy

Pagaya Technologies Ltd

Tellurian

Tilray Brands

Generally, penny stocks have a poor reputation. It's true that some penny stocks go on to make huge gains.

7 Struggling Penny Stocks to Sell in December

NEW YORK , Nov. 27, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Nikola Corporation (NASDAQ: NKLA) between February 24, 2022 and September 7, 2023, both dates inclusive (the "Class Period"), of the important December 12, 2023 lead plaintiff deadline. SO WHAT: If you purchased Nikola securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Nikola Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - NKLA

NEW YORK , Nov. 27, 2023 /PRNewswire/ -- Attention Nikola Corporation ("Nikola") (NASDAQ: NKLA) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 24, 2022 and September 7, 2023. If you suffered a loss on your investment in Nikola, contact us about potential recovery by using the link below.

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Nikola Investors of a Lead Plaintiff Deadline of December 12, 2023

Shares of Nikola and ChargePoint have both dropped by more than 90% since their market debuts. Nikola has been struggling with recalls, management changes, and dwindling liquidity.

Better EV Stock: Nikola vs. ChargePoint Holdings

NEW YORK , Nov. 20, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Nikola Corporation (NASDAQ: NKLA) between February 24, 2022 and September 7, 2023, both dates inclusive (the "Class Period"), of the important December 12, 2023 lead plaintiff deadline. SO WHAT: If you purchased Nikola securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Nikola Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - NKLA

Nikola (NASDAQ: NKLA ), which has been trying to commercialize hydrogen and battery-fueled semi-trucks, saw its chief financial officer resign after a disappointing earnings report. Anastasiya Pasterick said she will resign effective Dec. 1.

NKLA Stock Alert: Nikola CFO Announces Resignation

Electric-truck maker Nikola said on Friday Chief Financial Officer Anastasiya Pasterick would resign to "pursue other opportunities" less than a year after joining the loss-making company.

Nikola CFO Anastasiya Pasterick to resign

Shares of Nikola Corp. NKLA dropped nearly 1% in the extended session Friday after the EV maker said Chief Financial Officer Anastasiya “Stasy” Pasterick has resigned “to pursue other opportunities.” Pasterick will continue to serve as CFO and assist with a transition through Dec. 1, the company said in a filing.

News for Nikola Stock (NKLA)