A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots – Shares jumped 7.8% after the...
Tag: nikola
Lucid and Nikola file to raise additional cash
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle makers Lucid Group and N...
Struggling Electric-Truck Maker Nikola Makes a Major Change
Nikola (NKLA) , the electric- and hydrogen-truck producer, is making a change and not just any change. The company, which says it is “driven to revolutionize the economic and environmental impa...
Nikola CEO Mark Russell to retire at the end of the year
Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Gr...
Nikola Shares Jump On News Of CEO Mark Russell’s Retirement
Topline Nikola CEO Mark Russell will retire at the end of the year, the floundering electric and Hydrogen fuel cell vehicle maker announced Wednesday morning, sending its stock surging in pre-market t...
Romeo Power shares up 20% after announcing it was being acquired by Nikola
Romeo Power Inc. (NYSE: RMO) stock rose 20% after announcing an all-stock purchase agreement with Nikola (NASDAQ: NKLA). The company announced it had executed a definitive purchase agreement whereby i...
Nikola NKLA Q2 2022 earnings
Nikola Motor Company Source: Nikola Motor Company Nikola on Thursday reported revenue for the second quarter that beat Wall Street expectations as it delivered 48 of its electric heavy trucks. The com...
Nikola shareholders vote to issue new stock over Trevor Milton’s objection
Nikola Motor Company Source: Nikola Motor Company Electric truck maker Nikola has finally won shareholder approval to issue new stock, the company said on Tuesday. Nikola has been trying for two month...
EV Stocks: Lucid, Fisker, Nikola Tee Up For Earnings As NKLA Stock Pops On Battery Deal
Fisker (FSR) and Lucid (LCID) prepare to report late Wednesday, kicking off a heavy slate of earnings from emerging U.S. EV makers, battery plays and charging companies. NKLA stock jumped Monday with ...
Nikola Buys Romeo Power for 11% of Battery Maker’s SPAC Valuation
(Bloomberg) — Nikola Corp. will acquire Romeo Power Inc. for a sliver of what the battery maker was worth when it merged with a special purpose acquisition company less than two years ago. Most ...
Nikola to Buy Battery Maker Romeo Power for $144 Million
Listen to article (2 minutes) Electric-truck startup Nikola said it has agreed to buy battery-technology company Romeo Power in an all-stock deal that values Romeo at roughly $144 million. Nikola said...
Nikola snags battery production company
On August 1, Nikola Corporation (NASDAQ: NKLA) and Romeo Power Inc. (NYSE: RMO) announced that they had finalized an agreement, in which Nikola will acquire Romeo. While Nikola touts itself as the lea...
Nikola NKLA to acquire Romeo Power RMO
Nikola Motor Company Two truck Source: Nikola Motor Company Electric heavy truck maker Nikola said Monday that it struck a $144 million deal to acquire battery pack supplier Romeo Power, giving the co...
Inflation Reduction Act: What to Know About the Democrats’ Latest Economic Package
The bill Sen. Joe Manchin (D-W.Va.) and Majority Leader Chuck Schumer agreed to aims to address climate change, healthcare, taxes, and more. Photo by Kevin Dietsch/Getty Images Text size Build Back Be...
Nikola still lacks votes for stock-issue plan opposed by founder Trevor Milton
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
GM, NIO, and 3 More of the Best Car Stocks for the Second Half of 2022
Text size The average automotive stock dived about 25% in the second quarter. Drew Angerer/Getty Images The first half of 2022 was painful for the automotive sector, with most car stocks dropping fart...
Supreme Court Limits EPA, Nikola Founder Nixes Share Increases And How Climate Change Hurts Harvests
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Supreme Cou...
Nikola vote to issue new stock seeks to counter founder Trevor Milton
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
Electric Truckmaker Nikola Prods Investors To Back 200 Million-Share Increase
Nikola wants to begin delivering hydrogen-powered trucks in 2023 after starting production of battery models the second quarter of 2022. Nikola Corp. (Updates to clarify that the proposal is for a sha...
Nikola founder Trevor Milton faces new federal fraud charge tied to ranch purchase
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
Electric Truck Maker Nikola Faces a Major Roadblock
Nikola (NKLA) – Get Nikola Corporation Report is certainly aiming high. The electric and hydrogen-powered truck company has said that it is “driven to revolutionize the economic and envir...
Revisiting The Chicago Bulls’ Blockbuster Trade For Nikola Vucevic
MILWAUKEE, WISCONSIN – APRIL 17: Nikola Vucevic #9 of the Chicago Bulls reacts to a three point shot … [+] against the Milwaukee Bucks during the second half of Game One of the Eastern Con...
Embattled Electric Truck Maker Nikola Delivers Good News
Nikola (NKLA) – Get Nikola Corporation Report just kept a promise. The electric truck manufacturer has just taken an important step in its young history. And it’s a step that could chang...
Nikola (NKLA) earnings Q1 2022
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it shipped its first semitrucks to customers in April, and that it now has purchase orders and letters...
Lucid, Nikola, Fisker report as Wall Street eyes production
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...
Nikola’s Electric Big Rig Beats Delayed Tesla Semi To Market
Newly built Tre BEV trucks awaiting shipment to customers from Nikola’s Coolidge, Arizona, plant. Nikola Inc. Nikola Inc., which aims to be a leader in battery- and hydrogen-powered heavy trucks...
Plug Power Snags Walmart Fuel Deal As Green Hydrogen Revs Up Amid Oil Price Spike
Plug Power plans to supply Walmart with as much as 20 tons of liquid hydrogen per day made from water and renewable electricity. Plug Power There’s been a flurry of plans from big manufacturers and st...
The Future Of Electric Trucks Will Begin With Natural Gas, Hyliion Says
In Hyliion, Thomas Healy founded a company that wants to use compressed natural gas to power an … [+] electric truck. Hyliion Nikola is working on hydrogen, and Tesla and Rivian on all-electric ...
Nikola Corporation is overbought but there is room for more upsurge. When to buy?
Nikola Corporation’s (NASDAQ:NKLA) stock is extremely bullish. The stock jumped from a support area of $9.17 on March 24 and has since maintained the gains. At the current trading of $11.14, the stock...
Nikola stock price forecast after hitting an important resistance
The Nikola (NASDAQ: NKLA) stock price jumped by as much as 5% on Thursday as investors cheered the latest investor presentation. The shares rose to an intraday high of $10.80, which was the highest le...