Battery and fuel cell truck maker Nikola has performed better than a lot of electric vehicle start-ups but that isn’t enough for Morgan Stanley to rate the shares at Buy. Monday, Morgan Stanley analys...
Tag: NKLA
Nikola (NKLA) Q4 2022 results
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it produced 133 battery-electric trucks in the fourth quarter, but delivered just 20 to dealers, gener...
Nikola Corporation (NKLA): Will the Phoenix fly in the EV sky?
Phoenix-based Nikola Corporation focuses on developing heavy-duty BEV trucks and fuel cell vehicles. Founded in 2014, started delivery in 2021. Nikola Corporation is based in Phoenix, Arizona and wa...
$NKLA Stock: Will NKLA Stock Perform Better in this Month?
Nikola (NASDAQ:NKLA) stock noted an increase of 22.33% in one month. However, $NKLA stock can dip more in its coming trading days. Nikola Corp. (NASDAQ:NKLA) is an American manufacturer of battery-ele...
These stocks are burning cash fast and might need to raise capital soon, Goldman Sachs flags
Equity strategists at Goldman Sachs GS, +0.27% point out the cost of money is no longer next to nothing. The weighted average cost of capital for U.S. companies has gone from near the lowest level in ...
Tesla stock falls toward first close below $200 in 17 months
Shares of Tesla Inc. TSLA, -5.01% dropped 3.8% in afternoon trading, adding to the 3.6% drop in the previous session, and to put them in danger of the first sub-$200 close in 17 months. Investors in t...
Nikola Stock Is Rising. The Company Is Making More Trucks.
Stock in the electric and hydrogen truck-technology firm Nikola is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any ...
Nikola (NKLA) earnings Q3 2022
Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said that it produced 75 trucks in the third quarter, and delivered 63 to dealers before quarter-end, generating eno...
Nikola NKLA founder Trevor Milton found guilty of fraud
Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of fo...
Nikola NKLA tender offer Romeo Power RMO acquisition completed
Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said Thursday that its planned acquisition of battery-pack maker Romeo Power will now proceed, after Romeo Power sha...
Nikola Founder Trevor Milton Hangs Legal Defense on Expert Testimony
Updated Oct. 4, 2022 3:02 pm ET Listen to article (2 minutes) Lawyers for Trevor Milton are anchoring the Nikola founder’s defense against securities-fraud charges on the testimony of a Harvard profes...
Nikola Tries to Ignite Market for Its Hydrogen Fuel-Cell Trucks
As Nikola founder stands trial on securities-fraud charges, a revamped management team is pushing to make the company the first to market hydrogen-powered commercial trucks in the U.S.—and to overcome...
Nikola CEO Tells Jurors He Worried About Exaggerations by Company Founder Trevor Milton
Nikola CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in ...
Nikola Founder Faces Securities-Fraud Trial Over Promises About Electric Trucks
Trevor Milton, the Nikola founder who enticed auto-industry leaders and investors with his promise for a revolution in electric trucks, faces a securities-fraud trial beginning this week on allegation...
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...
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 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 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...
Opinion: The SPACsplosion is about to become a liquidation frenzy — and that may be for the best
As the SPAC boom was beginning to rage two years ago, this column asked why in the world any company would want to be acquired by a former chief executive best known for executing one of the worst acq...
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...
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...
Nikola Reports a Smaller Loss Than Expected. Shares Are Rocketing.
Text size Nikola’s CEO said the company is “laser-focused” on delivering vehicles to customers and generating revenue. Courtesy Nikola Stock of the electric and hydrogen-electric tru...