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 (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.

Nikola Truck Catches on Fire

The innovative EV company has investors curious after the massive stock price decline.

Down 97%, Is Nikola Stock a Buy?

An electric truck which was previously damaged reignited at Nikola's Phoenix, Arizona headquarters on Sunday afternoon but there were no injuries, the electric-truck maker said in a statement.

Nikola says damaged truck reignites at its headquarters

Nikola Corp NKLA was sliding more than 4% lower Thursday in continued consolidation after surging nearly 100% on July 13 and 14 after the company announced an agreement with BayoTech.

Nikola Consolidates 100% Jaunt North, Settles Into Pattern Above Bull Cycle Indicator - Nikola (NASDAQ:NKLA)

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Fortescue Future Industries to acquire Nikola's Phoenix Hydrogen Hub project for the purpose of constructing an electrolysis-based hydrogen production facility Nikola and Fortescue Future Industries are working towards a hydrogen supply agreement to support Nikola's hydrogen fuel cell electric trucks PHOENIX , July 19, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and Fortescue Future Industries (FFI), a global green energy and metals company committed to leading the world in stepping beyond fossil fuels by developing green electrons, green hydrogen and green technology at scale, today announced FFI will acquire Nikola's Phoenix Hydrogen Hub (PHH) project. FFI will bring the capital and resources required to fully develop the project and the parties are working towards a hydrogen supply agreement to support Nikola's Class 8 zero-emission trucks.

NIKOLA AND FORTESCUE FUTURE INDUSTRIES COMMIT TO CREATING AMERICAN GREEN ENERGY JOBS WITH ACQUISITION OF NIKOLA'S PHOENIX HYDROGEN HUB

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Lordstown Motors filed for bankruptcy protection in late June. Somehow that fired up investor interest in shares of other unprofitable, electric-vehicle start-ups.

EV Start-Up Lordstown Went Bankrupt. Why That Sparked a Rally in Nikola, EV Stocks.

Nikola is capturing the attention of investors with its innovative technology.

1 Thing Savvy Investors Know About Nikola Stock

Nikola's stock has more than quadrupled since bottoming out in early June. A new deal with BayoTech could support the expansion of its FCEV business.

1 Green Flag and 1 Red Flag For Nikola's Future

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Nikola Motors is set to reshape the trucking industry by creating North America's first hydrogen fuel cell truck, fuelled by Bosch's colossal $2.5 billion investment.

Nikola and Bosch Partnership: Will it Change the Trucking Industry Forever?

Nikola recently announced a deal to sell hydrogen fuel-cell electric trucks to BayoTech. The EV company will also be buying hydrogen and transport trailers from BayoTech.

Why Nikola Stock Was Highly Volatile Today

Why Is Everyone Talking About Nikola Stock Right Now?

Nikola Corp (NASDAQ:NKLA) shares jumped on Friday after the electric vehicle company experienced its busiest trading day ever on Thursday. The surge came after the firm announced two significant deals for its hydrogen fuel cell vehicles.

Nikola shares surge after two major hydrogen fuel cell deals

Nikola (NASDAQ: NKLA) stock price surged by more than 60% on Thursday as investors cheered a big order for the company's hydrogen trucks. The shares popped to a high of $2.28 in the regular session and to $2.68 in the extended hours.

Nikola stock price short squeeze: get out when you can

Nikola stock is soaring for a second straight day. Where it's going is anyone's guess.

Nikola Stock Is Soaring Again. We Have No Idea Where It's Going.

Shares of Nikola Corp. NKLA, +12.84% 10.8% toward a five-month high in morning trading Friday, a day after it skyrocketed 60.9%. The stock's two-day tally of 79.0% would be the best two-day performance the electric vehicle maker's investors since it soared 103.7% in two sessions to June 8, 2020.

Nikola stock rallies again, toward best 2-day performance in 3 years in wake of BayoTech deal

After Nikola (NASDAQ: NKLA ) stock soared 60% yesterday, the shares of the electric vehicle (EV) maker are climbing another 30% in early trading today. Nikola yesterday announced a deal to sell hydrogen-powered trucks to BayoTech.

Is a Giant Short Squeeze Brewing in Nikola (NKLA) Stock?

Nikola (NKLA) and BayoTech's collaboration aims to increase the reliable hydrogen supply for zero-emission commercial FCEV fleets, heralding a significant shift in hydrogen-powered transportation.

Nikola (NKLA) & BayoTech Unite for Hydrogen-Powered Future

Shares of Nikola NASDAQ: NKLA are rocketing after the company announced two large deals for its hydrogen fuel cell vehicles. Shares of NKLA soared 60.87% yesterday off the back of the positive news and now find themselves in positive territory on the year, up close to 3%.

Nikola's Stock Surges On New Deals And Rising Short Interest

Shares of Nikola Corp jumped 15.8% in premarket trading on Friday, a day after a short squeeze sent the electric-truck maker's shares soaring in their busiest trading session on record.

Highly shorted Nikola jumps as retail army scoops up shares after BayoTech deal

Nikola (NASDAQ: NKLA ) stock is in the green by more than 50% today after the zero-emissions truck maker announced a new deal with a hydrogen production and transportation company, BayoTech. Per the deal, BayoTech has agreed to purchase up to 50 Nikola Class 8 fuel cell electric vehicles (EVs) over the next five years.

Why Is Nikola (NKLA) Stock Up 50% Today?

Shares of Nikola Corp. NKLA, +60.14% jumped 59% on Thursday on the heels of a hydrogen deal for the company's trucks. The stock was poised to end at its highest since March 3 and on pace for its largest one-day percentage increase since early June 2020.

News for Nikola Stock (NKLA)