Nikola (NASDAQ: NKLA) stock price came under strong sell-off pressure this week as it erased some of the gains made in March. It has crashed by 17% in the past five trading days, pushing it below the important support level at $1. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Nikola is beating peers this yearCopy link to sectionStill, Nikola has outperformed other companies in the electric vehicle industry this year. Its stock is down by 1.35% YTD w ...

A new letter to shareholders highlights a brewing boardroom battle.Nikola (NKLA -10.57%) stock was falling by double digits Thursday morning. After plunging as much as 16%, shares of the electric heavy truck maker were still down by 10% as of 10:35 a.m. ET.The drop came after the company chairman filed a proxy statement including a letter to stockholders that highlighted a contentious battle for seats on the company's board of directors. It also follows a recent analyst report that noted several hurdles tha ...

The most recent trading session ended with Nikola (NKLA) standing at $1, reflecting a -0.99% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.15%. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.32%.The pioneer in zero-emission trucks's shares have seen an increase of 52.54% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 0.39% and the S&P 500's gain of 1.65%.The upcoming earnings rel ...

The EV stock has caught investors' attention for several reasons.Nikola (NKLA) stock has rebounded dramatically in recent weeks after a muted start to the year. The electric vehicle (EV) stock gained 39.8% value in March alone, according to data provided by S&P Global Market Intelligence.After recalling its battery-electric vehicles (BEVs) last year, Nikola is now focusing on hydrogen fuel cell heavy trucks and has already started producing and delivering them, giving investors a reason to buy the languishi ...

PHOENIX, April 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced it will report its first quarter ended March 31, 2024 financial results and business updates on Tuesday, May 7, 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 Corporation He ...

Nikola started delivering hydrogen-powered to U.S. customers in late 2023, the first truckmaker to do so.Nikola Corp.Nikola, the first company to sell hydrogen-powered semis in the U.S., delivered more fuel cell trucks to customers in the year’s first three months than analysts expected and may benefit from tougher U.S. rules for cleaner heavy-duty commercial vehicles, positive developments as it works to shake off a chaotic past. And while its volumes are still small, Nikola is beating Tesla in the heavy t ...

Nikola stock has surged in recent weeks. Can it keep going?Electric heavy truck maker Nikola (NKLA 11.39%) pivoted last year to focus on hydrogen-fuel-cell electric vehicles (FCEVs). While the company still plans to produce battery electric heavy trucks for customer orders, its future really depends on the growth of the hydrogen powered trucks.Today, Nikola stock jumped by as much as nearly 16% on news that it produced 43 of the Class 8 FCEVs and sold 40 of them to wholesalers destined for end customers in ...

Nikola's long-awaited fuel cell truck is in production and 40 were delivered in the first quarter.Shares of electric heavy-truck maker Nikola (NKLA 8.90%) were moving higher on Thursday after the company said it produced over 40 of its fuel-cell-powered semitrucks in the first quarter.As of 10:30 a.m. ET, Nikola's shares were up about 10.8% from Wednesday's closing price. Nikola is shipping its fuel cell semitrucksNikola said in a statement that it produced 43 of its hydrogen fuel cell Class 8 semis in the ...

Nikola (NASDAQ:NKLA) stock is up on Thursday after the hydrogen fuel cell electric vehicle (EV) company’s deliveries for the first quarter of 2024 beat out estimates.This saw the company report a total of 40 vehicle deliveries during the quarter. That beat out the consensus estimate of 30 units from four analysts.It’s also worth mentioning that Nikola produced 43 total units during this same time. The company says that the three units that weren’t delivered in Q1 have already been allocated and will be deli ...

PHOENIX, April 4, 2024 /PRNewswire/ -- It was a productive Q1 for Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, as the company produced 43 and wholesaled 40 Class 8 Nikola hydrogen fuel cell electric vehicles. In addition, the Nikola team has commenced the return process for the BEV "2.0" trucks to customers. Nikola Class 8 hydrogen fuel cell electric vehicle "We are on track for a successful 2024 b ...