Workflow
Nikola Corporation
icon
Search documents
Hydrogen-Powered Heavy Machinery Market worth USD 25.6 BN by 2032 | Credence Research
Prnewswire· 2025-12-05 04:10
Browse 180 market data Tables and 123 Figures spread through 345 Pages and in-depth TOC on " Hydrogen-Powered Heavy Machinery Market " Market Overview The Hydrogen-Powered Heavy Machinery Market demonstrates exceptional growth momentum fueled by rapid technological progress and global decarbonization mandates. According to Credence Research The market expanded from USD 1,540.00 million in 2018 to USD 3,474.79 million in 2024, reflecting increased investment across construction, mining, maritime operations, ...
Bankruptcies are on the rise. What it means, in 3 charts.
Yahoo Finance· 2025-11-28 18:00
Corporate bankruptcies are rising in 2025, nearing a 15-year high, S&P reports. This year, we've seen numerous notable bankruptcies, including Spirit Airlines and Claire's. How bad is it? We break down the trends in 3 charts. If you watch the news, you have undoubtedly seen the stories of well-known companies closing stores or raising doubts about their ability to continue operating. Earlier this month, S&P's data tracking company seemed to confirm our worst fears, reporting that 2025 bankruptcies ...
Auxier Asset Management Fall 2025 Market Commentary
Seeking Alpha· 2025-11-12 02:00
SmileStudioAP/iStock via Getty Images Fall 2025 Market Commentary Despite geopolitical upheavals, tariff and trade uncertainties, global equity markets had a very strong third quarter. The US economy and market have been boosted by a pause in punitive tariffs and a robust capital investment boom in Artificial Intelligence (AI). By some measure up to half of the 3.8% gain in GDP was attributable to tech capital spending. A surge in global defense outlays have helped boost the aerospace and defense industr ...
Pro-Trump Billionaire Slams Binance Founder 'CZ' Zhao's Pardon: 'Massive Fraud Is Happening...'
Yahoo Finance· 2025-10-24 18:31
Core Points - Joe Lonsdale, a prominent supporter of Trump and co-founder of Palantir, criticized the president's decision to pardon Changpeng "CZ" Zhao, co-founder of Binance, suggesting it reflects poorly on Trump's administration [1][2] - Zhao, a significant figure in the cryptocurrency industry, resigned as Binance's CEO in 2023 after the company pleaded guilty to failing to maintain an effective anti-money laundering program, resulting in a $4.3 billion penalty [2] - Lonsdale expressed concerns about the implications of the pardon for future policy and highlighted a previous pardon for ousted Nikola CEO Trevor Milton [3] Industry and Company Context - The pardon has raised eyebrows due to the Trump family's connections with Binance, the largest cryptocurrency exchange globally, including a $2 billion deal involving the Trump family-backed stablecoin USD1 [4] - Senator Elizabeth Warren criticized the pardon, linking it to potential corruption and urging Congress to address such issues in upcoming market structure legislation [5]
Mark Cuban’s Hottest Take Regarding Investing — Is He Right?
Yahoo Finance· 2025-10-06 19:53
Mark Cuban hasn’t been afraid to share his thoughts on business and investing, even if he has ruffled some feathers along the way. Some of his investment takes are pretty basic and politically correct. Avoid debt, learn constantly, be patient and only invest in what you understand. That’s pretty straightforward, but Cuban hasn’t always given investing tips that everyone agrees with. The billionaire entrepreneur stirred up controversy in a 2011 Wall Street Journal interview by saying that “diversification ...
Nikola agrees to $83M SEC settlement
Yahoo Finance· 2025-09-12 21:36
Group 1 - Nikola Corporation has reached an $83 million settlement with the U.S. Securities and Exchange Commission as part of its liquidation plan [1][2] - The SEC claim consists of an "unsecured claim" of approximately $43 million and a "junior claim" of $40 million [1] - Nikola is facing multiple legal challenges, including a securities class-action lawsuit in Arizona and several derivative actions in Delaware and Arizona [2] Group 2 - A separate settlement from the derivative actions is expected to yield net proceeds of about $25.7 million for Nikola's estates, derived from insurance payouts and contributions from individual defendants [3] - The company has experienced significant financial and corporate difficulties leading to its bankruptcy, citing financial strain and supply chain issues [4] - As of the bankruptcy petition date, Nikola reported approximately $97.7 million in total funded debt and financing lease obligations [5]
US SEC to dismiss case against former Nikola CEO
Yahoo Finance· 2025-09-12 04:41
Core Viewpoint - The U.S. Securities and Exchange Commission (SEC) has moved to dismiss its case against Trevor Milton, the founder and former CEO of Nikola, which aimed to produce electric and hydrogen-powered trucks [1][2]. Group 1: Legal Developments - The SEC filed the case in 2021, accusing Milton of falsely claiming that Nikola had developed an electric and hydrogen-powered pickup from scratch and had in-house battery development while actually sourcing them externally [1]. - The SEC believes that dismissing the case is appropriate, and Milton has waived his right to seek legal costs and released all claims against the agency [2]. Group 2: Company Background and Challenges - Nikola's stock experienced a significant decline after Hindenburg Research accused the company of misleading investors regarding its technological advancements, including a video that falsely depicted its electric truck [3]. - Milton resigned shortly after the Hindenburg report and was later convicted in October 2022 on one count of securities fraud and two counts of wire fraud, resulting in a four-year prison sentence [4]. - In February 2023, Nikola filed for Chapter 11 bankruptcy and announced plans to sell its assets, marking a significant downturn for the company [4].
X @Bloomberg
Bloomberg· 2025-09-11 22:06
Legal & Regulatory - The US SEC has moved to drop its case against the former head of Nikola [1] Company Status - Nikola, once a buzzy electric vehicle startup, has faced a stunning downfall [1]
X @Tesla Owners Silicon Valley
Industry Focus - The industry is monitoring public sentiment regarding Nikola chassis [1] - The industry is gauging potential market interest in purchasing Nikola chassis [1]
加氢站关停潮下,氢燃料电池车难行
Group 1: Industry Overview - The global automotive industry is experiencing a shift towards electrification, with hydrogen fuel cell vehicles (FCVs) gaining attention due to their zero emissions and long driving range [2] - Major automakers like Toyota, Hyundai, and Honda have invested heavily in hydrogen FCVs, launching models such as Toyota Mirai, Honda Clarity, and Hyundai Nexo [2] - Despite the investments, the hydrogen industry faces challenges, including high purchase prices and operational costs of FCVs, leading to low consumer demand and insufficient hydrogen station utilization [2][3] Group 2: Market Challenges in the U.S. - In California, a lawsuit has been filed against Toyota by hundreds of Mirai owners, claiming the company misled consumers about the convenience of hydrogen refueling [3] - The number of operational hydrogen stations in the U.S. is declining, with only 51 public and 21 private stations reported as of July 2025, significantly below the required infrastructure for widespread FCV adoption [4] - The rising cost of hydrogen, from $13 per kilogram in 2022 to $36 per kilogram in 2024, exacerbates the challenges faced by FCV owners [4] Group 3: European Market Developments - Stellantis has halted its hydrogen fuel cell technology development due to limited refueling infrastructure and high funding requirements, indicating a lack of commercial viability for hydrogen FCVs in the near term [8][9] - The European hydrogen station network is underdeveloped, with only about 250 stations across the EU as of 2024, far below initial targets [11] - Several hydrogen stations in Europe have closed due to profitability issues, highlighting the slow commercialization of hydrogen FCVs [10] Group 4: Japan's Hydrogen Strategy - Japan has been proactive in developing a hydrogen society, with significant government investment in hydrogen infrastructure and FCVs [12] - However, the number of operational hydrogen stations in Japan has decreased from 161 in April 2024 to 151 by July 2025, reflecting operational difficulties [13] - The high cost of hydrogen FCVs, such as the Toyota Mirai priced at approximately ¥7.414 million to ¥8.6108 million, remains a barrier to consumer adoption [13] Group 5: South Korea's Hydrogen Initiatives - South Korea has launched the new generation of Hyundai Nexo, with a price range of 7.644 million to 8.345 million KRW, but faces challenges in infrastructure and safety incidents [17][19] - The number of hydrogen stations in South Korea is 218, but safety concerns and supply chain issues have hindered growth [18] - The South Korean government plans to provide subsidies for 11,000 hydrogen FCVs and 2,000 hydrogen buses by 2025, aiming to enhance infrastructure and reduce costs for users [20]