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

Electric truck maker Nikola Corp said on Thursday it had garnered enough support for a proposal to increase the number of shares it can issue, opening the doors to much-needed capital.

Nikola gets required shareholder votes for share increase proposal

The vote paves the way for Nikola to raise funds to support its fuel-cell-powered electric Tre semitruck and the buildout of a hydrogen refueling network.

Nikola wins shareholder approval to issue new stock, paving the way for significant fundraise

Stockholders approve increase in authorized number of common shares PHOENIX , Aug. 3, 2023 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure supply and solutions, today announced that Nikola has received the requisite number of votes to elect all nominees for director and approve each of the other proposals, including a sufficient number of shares voted in favor of Proposal 2, the Amendment to the Second Amended and Restated Certificate of Incorporation to Increase the authorized number of shares of common stock. "We are immensely grateful for the unwavering support and confidence our stockholders have demonstrated in Nikola with the passage of all of this year's Proposals," expressed Michael Lohscheller, Nikola's Chief Executive Officer.

NIKOLA STOCKHOLDER MEETING: PROPOSAL 2 PASSES

The Zacks Consensus Estimate for Nikola's (NKLA) loss per share and revenues are pegged at 24 cents and $14.68 million, respectively, for the second quarter of 2023.

Nikola (NKLA) to Report Q2 Earnings: Here's What to Expect

American Lithium Corp

Plug Power

The world is moving toward a greener future. Many countries are implementing policies such as net zero emissions targets or upcoming bans on the sale of gasoline-powered vehicles.

Sell Alert: 3 Renewable Energy Stocks to Dump ASAP

Nikola has more than 200 sales orders for its hydrogen fuel-cell truck. Ballard Power Systems and Ford announced that they're developing a hydrogen-powered truck.

Why Nikola Stock Is Surging Higher Today

Nikola Press Center Nikola (NASDAQ: NKLA ) stock is up more than 25% in just the past three trading sessions, pushing the company up more than 100% since early July. This has fueled speculation that the historically troubled electric vehicle (EV) maker may be the newest member of the “meme stock” club.

Is Nikola (NKLA) Stock the Next Big Meme Stock?

Nikola (NASDAQ: NKLA ) stock is in the news today after the zero-emissions vehicle company announced a new truck order milestone. According to a press release from the company, it has surpassed 200 truck orders.

NKLA Stock Alert: Nikola Just Announced 200 Truck Orders

Shares of Nikola Corp. NKLA, +16.85% climbed 1.6% toward a nine-month high after the electric vehicle maker said its dealer network have surpassed 200 orders for its Class 8 hydrogen fuel cell electric trucks. The orders, which have totaled 202, were by 18 customers, with deliveries expected to begin “later this year.

Nikola stock surges toward a 9-month high after orders for hydrogen fuel cell trucks exceed 200

Growing momentum and industry confidence evidenced by truck sales orders PHOENIX , Aug. 2, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced that Nikola and its dealer network, with most of the agreements between fleets and dealers directly, have surpassed 200 sales orders for the Class 8 Nikola hydrogen fuel cell electric vehicles. The 202 sales orders for the purpose-built heavy-duty trucks represent 18 end customers.

NIKOLA CORPORATION HYDROGEN FUEL CELL ELECTRIC VEHICLE DEMAND SURPASSES 200

Nikola stock has shot through the roof in recent weeks on the back of multiple positive developments. While the company prepares to start production of hydrogen fuel cell heavy trucks, it is receiving grants to build hydrogen refueling stations.

Why Nikola Stock Is Flying Higher Ahead of Earnings

Nikola (NASDAQ: NKLA ) stock is rising higher on Tuesday after the company announced $16.3 million in new funding for its hydrogen refueling stations. This funding is a grant from California and will assist the company in operating seven open-network hydrogen refueling stations.

NKLA Stock Alert: The $16.3 Million Reason Nikola Is Up Today

Nikola Corp. NKLA, +17.62% stock was up 7% in premarket action on Tuesday after the electric vehicle maker said it won an additional $16.3 million grant to support seven hydrogen refueling stations under its Hyla brand. Including the latest dollar boost, Nikola said it has now received $58.2 million in awards to build the hydrogen stations in California's South Coast Air Quality Management District, the San Diego County Air Pollution Control District, and Mojave Desert Air Quality Management District.

Nikola stock rises on additional grant for hydrogen infrastructure in California

$16.3 million in additional grants and government funding awards to date shows strong progress in hydrogen infrastructure plans, creating an open-network of commercial hydrogen refueling stations PHOENIX , Aug. 1, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced an additional $16.3 million has been awarded to Nikola to support seven open-network hydrogen refueling stations. Nikola has now received $58.2 million in awards granted to support seven hydrogen refueling stations, which includes the recently announced $41.9 million Trade Corridor Enhancement Program (TCEP) grant award, collectively representing six hydrogen refueling stations located along Calif.

NIKOLA SCORES BIG WIN IN HYDROGEN STATION REGULATORY GRANT FUNDING WITH AN ADDITIONAL $16.3M FOR A TOTAL OF $58.2M IN THE LAST 30 DAYS

Nikola announced a sales agreement with a well-known freight company today. Nikola plans to deliver the first trucks for the order as soon as next month.

Here's Why Nikola Stock Jumped Again Today

Nikola (NASDAQ: NKLA ) stock is on the rise Monday after the zero emissions truck company announced a new order for 13 of its trucks. According to a press release from the company, J.B.

Nikola (NKLA) Stock Jumps on New Truck Order

J.B. Hunt Transport Services

Shares of Nikola Corp. charged higher Monday, after the electric-vehicle maker announced a deal to sell trucks to J.B. Hunt Transport Services Inc.

Nikola stock surges after deal to sell electric trucks to J.B. Hunt

Initial agreement to include 10 battery-electric and three hydrogen fuel cell electric Class 8 trucks PHOENIX and LOWELL, Ark. , July 31, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and J.B.

J.B. HUNT TO PURCHASE 13 ZERO-EMISSION NIKOLA TRUCKS

Hyliion

Nikola and Hyliion are not for risk averse investors.

Best Growth Stocks to Buy: Nikola vs. Hyliion

Nikola is finally ramping up its production of BEVs and FCEVs. Nikola is trying to overcome its mistakes and find fresh ways to boost its liquidity.

Will Nikola Be Worth More Than Tesla by 2030?

SurgePays

The Metals Co

Penny stocks in the technology and biotech sectors have seen limited price movement in 2023 due to rate hikes and funding issues. However, with cooling inflation and potential interest rate cuts, these penny stocks could offer significant upside potential.

3 Penny Stocks With Tremendous Upside in the Next 12 Months

Nikola reported that one of its previously damaged trucks reignited. The company had dealt with a fire at its headquarters in June.

Why Nikola Stock Is Falling Today

Workhorse Group

Nikola and Workhorse are working to ramp up deliveries of electric vehicles.

Best Stocks to Buy: Nikola vs. Workhorse

Nikola (NASDAQ: NKLA ) stock is catching flak on Monday after news of a truck fire damaged investor confidence. The bad news here is that one of the company's trucks caught fire at its headquarters.

Truck Fire Sends Nikola (NKLA) Stock Down 7%

Electric truck maker Nikola Corp. (NASDAQ: NKLA) had one of its trucks catch on fire.

News for Nikola Stock (NKLA)