Nikola Corp. said Friday that it has rejected the five “dissident” nominees to its eight-member board of directors — nominees proposed by M&M Residual LLC, the entity of the founder of the hydrogen- and electric-truck maker Trevor Milton.“The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the company,” Nikola’s board said in a statement.Milton’s M&M Residual owns 51.05 ...

Milton, Former Executive Chair, Criminally Convicted and Sentenced to 48 Months in PrisonPHOENIX, Feb. 9, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, said today that its Board of Directors has rejected a slate of five dissident nominees proposed by an entity controlled by former Executive Chairman Trevor Milton for election as directors at Nikola's 2024 Annual Meeting of Stockholders. Nikola Corpo ...

Nikola (NKLA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this pioneer in zero-emission trucks have returned -11.7% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Automotive - Domestic industry, to which Nikola belongs, has lost 16.1% over this period. Now the key question is: Where could the stock be headed in the ne ...

Nikola (NASDAQ:NKLA) stock is in the news Monday after the green fuel company opened its first hydrogen refueling station in Southern California.Nikola newest location is designed to refuel Class 8 hydrogen trucks. The company notes that this facility can refuel up to 40 of these trucks per day. The company will also offer 24/7 support at the refueling station.Investors will note that this is part of Nikola’s plan to open 60 of these refueling stations in the years to come. That includes having nine of them ...

Shares of Nikola Corp (NASDAQ: NKLA) are in focus today after the hydrogen fuel cell electric vehicles company opened its first Hyla hydrogen refueling station.Where is Nikola’s hydrogen refueling station located?Copy link to sectionThe said station is located in Ontario, California and has capacity to serve as much as 40 Class 8 trucks. The Nasdaq-listed firm is committed to setting up another eight hydrogen refueling solutions before the second half of 2024. Ole Hoefelmann – the president of Nikola Energy ...

Ontario, Calif. station marks a significant step in HYLA's plan to establish a hydrogen station network for Nikola customers through HYLA and partner stations HYLA station is expected to support up to 40 Class 8 trucks daily PHOENIX, Feb. 5, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, proudly announces the opening of its first HYLA hydrogen refueling station in Southern Calif. Fe ...

International energy executive with 30-plus years' experience takes HYLA reinsPHOENIX, Feb. 2, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, announced the appointment of Ole Hoefelmann as President of the Nikola Energy division, effective February 5, 2024. Nikola President of Energy, Ole Hoefelmann A 30-plus year veteran of the hydrogen business, including decades in executive p ...

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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Nikola (NASDAQ:NKLA) is a company I’ve had on my radar for some time. Indeed, at these levels, NKLA stock has certainly intrigued me as a potentially lucrative speculative bet in the world of electric vehicles (EVs) and hydrogen-powered vehicles.Today, analysts seem to agree. A notable “outperform” rating from analyst Ben Kallo at Baird today, along with a $2 price target, appears to be driving this stock higher. At the time of writing, NKLA stock has surged more than 6%, as investors price in whether this ...