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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PHOENIX , Sept. 28, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, achieved a significant milestone today as it celebrated the commercial launch of the Nikola hydrogen fuel cell electric vehicle at its state-of-the-art manufacturing facility in Coolidge, Ariz.

NIKOLA CELEBRATES THE COMMERCIAL LAUNCH OF HYDROGEN FUEL CELL ELECTRIC TRUCK IN COOLIDGE, ARIZONA

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Nikola is on track to raise $40 million in new funding through the sale of convertible notes. Funding remains a key challenge for the company, and dilution remains a key risk factor for investors.

Why Nikola Stock Is Jumping Today

Electric and hydrogen trucks could still be a big market.

Nikola Stock Is Down 66%, but Is It Poised for a Recovery?

Shares of Nikola Corp. dropped Friday toward a fourth-straight loss, after the electric vehicle maker disclosed a convertible debt offering.

Nikola's stock extends pullback after convertible-debt offering

Experienced energy executive joins Nikola leadership team PHOENIX , Sept. 21, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, is proud to announce the appointment of Joseph S.

NIKOLA CORPORATION APPOINTS JOSEPH S. CAPPELLO AS PRESIDENT OF ENERGY

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Nikola (NASDAQ: NKLA ) stock is on the move Tuesday after the electric vehicle (EV) company announced Mary Chan as its next Chief Operating Officer. Chan will take over the COO role at Nikola starting on Oct. 9.

NKLA Stock Alert: What to Know as Nikola Announces New COO

General Motors viewed Tesla in 2009 as a "bunch of engineers playing with laptop batteries." Nikola CEO Steve Girsky, who served on GM's board, recalled being told that in a recent Q&A.

GM dismissed Tesla in 2009 as a 'bunch of engineers playing with laptop batteries,' Nikola's CEO says

Nikola NASDAQ: NKLA has had a rough summer, but the bottom for its share price is in, and the share prices are about to rocket higher. The takeaway from the summer news is that the company weathered a turbulent time well, and it remains on track with its turnaround despite halting production on the Tre BEV.

Nikola's Stock Could Double in Price Within Weeks

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Nikola Corp (NASDAQ:NKLA) shares surged 26% to $1.50 in late-morning trading on Monday after the heavy-duty commercial electric vehicles (EVs) manufacturer announced that it has appointed Mary Chan as its chief operating officer (COO), effective October 9, 2023.  Chan formerly served as president of the Global Connected Consumer group at General Motors (GM) and built the next generation of connected infotainment products and OnStar broadband data services.

Nikola stock powers higher; names Mary Chan as new COO

Nikola's new COO has an automotive as well as technical background. The appointment comes just as the company is about to ship its hydrogen fuel cell trucks to customers.

Why Nikola Stock Soared Again Today

Shares of Nikola Corp. NKLA, +3.48% gained 0.8% in premarket trading Monday, adding to the recent sharp gains, after the electric vehicle maker said it named Mary Chan as its chief operating officer, effective Oct. 9. Chan was a managing partner at VectoIQ, which was the special purpose acquisition company (SPAC) that took Nikola merged with to go public.

Nikola names Mary Chan as COO, and stock adds to gains

Experienced global executive to spearhead operations PHOENIX , Sept. 18, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, today announced the appointment of Mary Chan as Chief Operating Officer (COO), effective October 9, 2023.

NIKOLA CORPORATION APPOINTS MARY CHAN AS CHIEF OPERATING OFFICER

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Nikola is partnering with Toronto-based ITD Industries to expand its dealer network into Canada. Canada's iMHZEV program offers significant incentives for organizations to purchase either version of its zero-emission semitrucks.

Why Nikola Stock Popped (Again) Today

Nikola said on Friday it would expand its dealer network into Canada for heavy-duty truck sales in a partnership with trailer manufacturer ITD Industries, sending the electric-truck maker's shares up 5% in morning trading.

Nikola expands dealer network into Canada for its electric trucks

Nikola Corp (NASDAQ:NKLA) has struck a deal with Canada's ITD Industries to expand the dealer network for its Class 8 truck sales and service into Canada. In a fireside chat, the EV truck firm's recently-appointed CEO Steve Girsky also addressed concerns about a recall of trucks after a series of battery fires in August and also announced that first deliveries of the hydrogen-fuel-cell-powered Class 8 trucks are set to begin as early as late September.

Nikola shares rise on reassurances after truck recall; Canada expansion

Nikola (NASDAQ: NKLA ) stock is a hot topic among traders on Friday as they go over the details of a new expansion in Canada. The big news here is Nikola signing an expansion deal that will bring another of its dealerships to the country.

News for Nikola Stock (NKLA)