Nikola is meeting near-term goals, but the bottom line is the problem.Nikola (NKLA -6.50%) stock tanked more than 10% this morning after it released its third-quarter update. It's not because the business isn't accomplishing its near-term goals. The company has begun to accelerate sales of its hydrogen fuel cell electric trucks.But there were some specific items in the report that have investors selling Nikola stock today. It recovered some of the early losses, but shares were still lower by 7.1% as of 11:5 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38495 Nikola Corporation (Exact Name of Registrant as Specified in Its Charter) | --- | --- | |--------------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 2, 2024 Nikola Corporation (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction of Incorporation) 001-38495 (Commission File Number) 82-4151153 (I.R.S. Employer Identification No.) 4141 E Broadway Road Phoenix, AZ 85040 (Address of principal execu ...

Record 88 wholesale deliveries of hydrogen fuel cell electric trucks in Q3, up 22% quarter over quarter FCEV Fleet adoption up 78% year-to-date, with 16 end fleets deploying Nikola FCEVs, 32 distinct end fleets across both powertrains Expanded dealer network for the first time since launch of the FCEV Reiterating our year-end volume guidance of 300-350 FCEVs PHOENIX, Oct. 31, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infra ...

PHOENIX , Oct. 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, released their first-ever sustainability impact report today. Nikola's 2023 Sustainability Impact Report covers environmental and social impacts, reporting, and progress towards Nikola's sustainability priorities.Nikola Hydrogen Fuel Cell Electric TruckAccording to the Environmental Protection Agency (EPA), the transpo ...

PHOENIX, Oct. 3, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zeroemissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced it will report its third quarter ended September 30, 2024 financial results and business updates on Thursday, October 31, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m. ET (7:30 a.m. PT) to review and discuss the company's business and outlook. Nikola Corporati ...

The Nikola Corporation (NASDAQ: NKLA) once touted as the 'Tesla of trucking' has had an extremely bumpy ride since first going public in 2020. Buoyed by great expectations, NKLA stock prices reached as high as $1,977 by mid-2020, before unceremoniously crashing to $450 by the end of 2020. The primary driver behind this drop was a report from activist short-selling group Hindenburg Research, which alleged fraud regarding the company's technical capabilities, along with levying an accusation that a key produc ...

Shares of the hydrogen fuel-cell truck maker hit a 52-week low last week but are on fire today. Is it a buy? Nikola (NKLA 23.62%) stock hit its 52-week lows on Sept. 26 and had plunged a staggering 82% year to date by yesterday's market close. Today, shares of the electric vehicle (EV) maker skyrocketed and were up more than 25% as of noon Wednesday after the company reported record sales for the third quarter. The emphasis on "record" is important here, as you will soon understand. Nikola is finally sellin ...

After years of subpar performance, there's now a light at the end of the tunnel for all three companies ... and their stocks. There's no denying most electric vehicle (EV) stocks have been lackluster performers of late -- the movement simply hasn't caught on as it was expected to just a few years back. Indeed, sales trends and feedback suggest consumers are actually losing interest in EVs, citing range and charging concerns. And those worries aren't invalid. This doesn't mean EV-related companies are a bust ...

The electric semi-truck maker still faces existential challenges. Nikola's (NKLA -0.78%) stock has plunged nearly 99% over the past three years. The maker of electric semitrucks was a red-hot stock during the buying frenzy in speculative stocks in 2020, but it ran out of juice after it missed its production forecasts. After that steep decline, Nikola's stock now trades at just 2 times this year's sales. Could this beaten-down EV stock unexpectedly roar back to life over the next three years? What happened t ...