Although electric truck startup Nikola (NASDAQ: NKLA) stock has had a rough year so far, as its price continuously declined, its losses totaling 35.19% year-to-date (YTD), its CEO has recently added to his stock portfolio a whopping one million of NKLA shares. On top of that, it might be a display of confidence for shareholders as the company seeks support for the upcoming vote on the reverse stock split laid out in Proposal 2, which Nikola believes will "have a positive impact by addressing potential delis ...

Nikola (NASDAQ:NKLA) stock is on the rise Tuesday after the company announced a new order from AiLO Logistics for its hydrogen fuel cell electric vehicles (FCEVs). According to a press release, AiLO Logistics has placed an order for 100 of the company's FCEVs through Tom's Truck Centers. This is a sales and service dealer network dealer. Nikola notes that deliveries of these 100 hydrogen FCEVs are set to start in 2025. This builds on a previous order for 50 of its trucks. Deliveries from that order have alr ...

LAS VEGAS, May 21, 2024 /PRNewswire/ -- The 2024 Advanced Clean Transportation (ACT) Expo marks another step in decarbonizing the trucking industry for Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand and AiLO Logistics, a major drayage carrier operating in the Ports of Los Angeles and Long Beach. Today, it is announced that AiLO has placed a 100-truck order of Nikola hydrogen fuel cell electric vehicles (" ...

Nikola (NASDAQ: NKLA) stock price continued slumping this month as concerns about its cash flow and overall demand. It has crashed by over 18% in the past 30 days and is hovering at its all-time low. It is down by over 99% from its al–time high. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Demand risks remain Copy link to section Nikola, a leader in the hydrogen trucks industry, has made a lot of progress as I wrote in my last article here. It has ...

The electric-truck maker might be an interesting play for speculative investors. Nikola (NKLA -2.67%), a producer of electric semi trucks, saw its market cap hit $28.8 billion as its stock hit its record high of $79.73 on June 9, 2020. But at the time of this writing, it trades at about $0.56 a share with a market cap of $750 million. The stock collapsed after the company missed its own production estimates; its founder and former CEO, Trevor Milton, was convicted of securities and wire fraud; and it recall ...

Nikola (NASDAQ: NKLA) stock price has been stuck at a crucial support level as investors digest the recent financial results. It was trading at $0.567 on Thursday, an important level since it was its lowest level in June last year. It has plummeted by over 36% this year and by over 99% from its highest point on record. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Growth at a significant cost Copy link to section Nikola Corporation has done well in ...

Nikola isn't the only stock in the EV sector with high volatility this week. And while new tariffs just announced for Chinese EV imports are directly affecting other U.S.-based EV manufacturing stocks, that shouldn't be the case for heavy truck maker Nikola. While Nikola recently reported updates, the answer likely lies more with the market in general. There is activity in the electric vehicle (EV) sector due to newly announced tariffs on EV imports from China, and there is renewed trading activity in meme ...

Nikola (NKLA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this pioneer in zero-emission trucks have returned -15.9%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Automotive - Domestic industry, which Nikola falls in, has remained unchanged. The key question now is: What could be the stock's future directi ...

The electric vehicle industry is struggling, and this company is struggling more than most.The electric vehicle (EV) industry has had quite a few struggles, and one of the biggest individual strugglers has been Nikola (NKLA 0.17%). Beset by a host of troubles, some of its own making, the battery EV (BEV) and fuel cell EV (FCEV) truck maker's shares have fallen into penny stock territory.At the beginning of May, one prognosticator tracking Nikola's stock cut his price target exactly in half. Interestingly, t ...

New Long Beach station advances Nikola's commitment to sustainable transportation solutionsPHOENIX, May 8, 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 latest HYLA high-pressure modular refueling station and facility in Southern Calif. HYLA refueling station in Southern California Situated near the Port of Long Beach at 2267 W. Gaylord St., ...