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The Latest Breaking News from Nikola

3 Overvalued EV Stocks to Avoid in April: Cenntro Electric, Tesla, and Nikola

Despite the industry’s solid growth prospects, overvalued electric vehicle (EV) stocks Cenntro Electric (CENN), Tesla (TSLA), and Nikola (NKLA) may witness significant downside in the near term. Let’s discuss.

StockNews.com

Electric vehicle start-ups face their toughest challenge: making cars

Investors have bet heavily hoping to find the next Tesla, but many EV groups are struggling to make the production process work

Financial Times

Nikola CEO Says Company Is Seeing Increased Demand Following Production Commencement

Nikola Corp (NASDAQ: NKLA) announced that it began production of its Tre BEVs last week at the company's Arizona manufacturing facility. The Nikola Tre FCEV deliveries are anticipated in 2023, but the BEV deliveries are just around the corner.

Benzinga

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Nikola Partners With Commercial Finance Company ENGS To Facilitate Semi-Truck Sales

Nikola Corp (NASDAQ:NKLA) has signed an agreement with ENGS Commercial Finance Co. to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel-cell electric vehicles (FCEVs). ENGS, a Mitsubishi HC Capital Group member, will offer customer finance solutions to purchase Nikola vehicles, charging assets, and infrastructure requirements to…

Benzinga

EV Week In Review: Wait Ends For Tesla's Giga Berlin, Nio Stock Stutters Amid Earnings, Semi Truck Production Kickstarts Nikola Rally

Electric vehicle stocks closed the week ending March 25 on a mixed note, reacting to the return of risk appetite and some company-specific developments. Shares of EV leader Tesla, Inc.

Benzinga

Nikola Tre BEV Series Production Began March 21, Beating Tesla Semi

Nikola stock gained about 15% on Thursday trading following the production start announcement; company also says production in Germany will start in June 2023.

InsideEVs

Nikola Beats Tesla To Electric Pickup Production: Here Are The Timelines For 4 Other Electric Truck Companies

Nikola Corp (NASDAQ: NKLA) on Wednesday announced that it has started production of its electric Tre semi truck via a slideshow presentation shared in an SEC filing, as reported on Benzinga Pro.

Benzinga

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How To Trade Nikola's Surging Stock As Commercial Truck Production Begins

Nikola Corporation (NASDAQ: NKLA) gapped up over 17% higher on Thursday after an announcement earlier in the week that it would begin commercial truck production, brought renewed interest into the company.

Benzinga

BZ Chart Of The Day: Is The Nikola Rally Over?

Markets can have memories, which means there's a good chance the rally in Nikola Corporation (NASDAQ: NKLA) may be about to end.

Benzinga

LG Energy Solution Announces Cylindrical Battery Plant In U.S.

LG Chem's LG Energy Solution announced a 1.7 trillion KRW ($1.39 billion) investment in a new factory for cylindrical batteries in Arizona.

InsideEVs

Why Nikola Shares Are Soaring Today

Nikola Corp (NASDAQ: NKLA) shares are surging Thursday morning after the company announced it started truck production earlier this week.

Benzinga

This Tesla Rival Confirms Making Its First Semi Truck, Targets Up To 500 Deliveries This Year

Nikola Corp (NASDAQ: NKLA) said on Wednesday it had started production of its first semi-trucks earlier this week, sending shares of the electric truck maker higher after the bell.

Benzinga

What's Driving Nikola Shares Higher After Hours?

Nikola Corp (NASDAQ: NKLA) shares are trading higher in Wednesday's after-hours session following reports truck production started this week.

Benzinga

Alta Expands Nikola Dealer Network To Arizona

Alta Equipment Group Inc (NYSE:ALTG) has secured the Arizona sales and service territory for Nikola Corp (NASDAQ:NKLA). Deal terms not disclosed. The arrangement expands Alta's dealer territory with Nikola beyond the NY, NJ, eastern PA, and New England markets and replaces Empire Transport in Arizona. The first Nikola product Alta will sell is the Tre…

Benzinga

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StockNews.com

Mullen Automotive vs. Nikola: Which Electric Vehicle Stock is a Better Buy?

In today's article I will analyze and compare Mullen Automotive (MULN) and Nikola (NKLA) to determine which electric vehicle (EV) stock is a better buy.

Benzinga

Nikola Rallies After Earnings: Can It Recover This Channel?

Nikola Corp. (NASDAQ: NKLA) shares are trading higher Thursday after the company reported its fourth-quarter earnings. The stock reported earnings per share loss of $0.23, beating the analyst consensus estimate calling for a loss of $0.32 per share.

Benzinga

Nikola Shares Tick Higher After Q4 Earnings - Read How It Performed

Zero-emissions transportation solutions provider Nikola Corp (NASDAQ:NKLA) reported a fourth-quarter FY21 loss from operations of $(162.7) million against $(146.8) million a year ago. Non-GAAP EPS loss was $(0.23) beat the consensus loss of $(0.32). It clocked an adjusted EBITDA loss of $(90.4) million compared to a loss of $(65.5) million a year ago. Nikola…

Benzinga

Thinking About Buying Stock In Nikola, Globalstar Or Norwegian Cruise?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

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InsideEVs

Nikola's Mobile Charging Trailer Makes Video Debut

Nikola says the Mobile Charging Trailer helps customers smoothly transition to a permanent recharging infrastructure plan.

StockNews.com

Down Significantly in the Past Year, are Nikola and Workhorse Good EV Stocks to Buy Now?

Shares of electric vehicle manufacturers such as Nikola (NKLA) and Workhorse (WKHS) are trading significantly below record highs. While they may seem like the ultimate contrarian bet, investing in these stocks carry massive risks.

Benzinga

Why Nio, Workhorse And Nikola Shares Are Rising

Shares of electric and clean energy vehicle companies, including Nio Inc (NYSE: NIO), Workhorse Group Inc (NASDAQ: WKHS) and Nikola Corp (NASDAQ:

Benzinga

Looking At Nikola's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Nikola. Looking at options history for Nikola (NASDAQ:NKLA) we detected 13 strange trades.

Benzinga

Nikola Inks Agreement With Corcentric To Facilitate Vehicle Sales Financing

Nikola Corp (NASDAQ:NKLA) has signed an agreement with leasing and financing solutions provider Corcentric Fleet Funding Solutions to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). Corcentric will purchase vehicles and related assets directly from Nikola to offer customers a bundled lease…

InsideEVs

Nikola Tre Trucks To Be Powered By Proterra Battery Systems

Nikola Corporation announced a strategic, multi-year supply agreement with Proterra related to battery systems for the Nikola Tre BEV and FCEV semi-trucks.

Benzinga

Nikola Inks Battery Supply Agreement With Proterra

Nikola Corp (NASDAQ:NKLA) has signed a multi-year supply agreement with Proterra Inc (NASDAQ:PTRA) to power its zero-emission semi-trucks with Proterra's battery technology. The financial terms were not disclosed. Nikola expects to incorporate the Proterra product in the Nikola Tre battery-electric vehicle (BEV) and Tre fuel cell electric vehicle (FCEV). The first Proterra Powered Nikola semi-trucks…

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