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The Latest Breaking News from Nikola

Nikola (NASDAQ:NKLA) reported its Q1 earnings results on Thursday, May 5, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

Why Nikola Shares Are Trading Lower Today

Nikola Corp (NASDAQ:NKLA) disclosed that an institutional investor has agreed to make a $200 million investment by purchasing Convertible Senior Notes. Funds advised by Antara Capital LP have agreed to purchase a $200 million aggregate amount of Convertible Senior Notes due 2026. The Notes will bear interest at a rate of 8.00% if…

Benzinga

EV Week In Review: Musk's $8.5 Tesla Stock Sale, Nikola Tre Semitruck Launches, Nio's ET5 Updates, Ford Lightning Strikes And More

EV stocks continued to be under pressure in the week ending April 29, with Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) and Arrival (NASDAQ: ARVL) and Tesla, Inc.

Benzinga

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‘This really is the future’: HGV manufacturers race to decarbonise trucks

Lorry vehicle makers are backing a range of technologies from gas to battery electric to cut UK’s carbon footprint on the roads

The Guardian - UK

Nikola Celebrates The Customer Launch Of Serial Production In Arizona

Nikola Corporation marked the beginning of its commercial series electric truck production, with a special ceremony in Coolidge, Arizona.

InsideEVs

Nikola Begins Production, Shipment Of Electric Semi Trucks A Year Ahead Of Tesla

Nikola Corp (NASDAQ: NKLA) said on Wednesday it has begun serial production and the initial shipment of its first semi-trucks to customers, a year ahead of bigger rival Tesla Inc’s (NASDAQ: TSLA<

Benzinga

Nikola Q1 2022 Earnings Conference Call On May 5, 2022 At 09:30 AM ET

Nikola (NASDAQ:NKLA) will host a conference call at 09:30 AM ET on May 5, 2022, to discuss Q1 2022 earnings results. How to Attend Nikola (NKLA) Conference Call Follow this link to access the live webcast.

Benzinga

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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

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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Benzinga

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.

Investors Business Daily

Stock Market Bounces As Oil Prices Ease; This IBD 50 Stock Tops Buy Point

The stock market continues to keep a wary eye on commodities. The price of U.S. crude oil eased 0.8%.

InsideEVs

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.

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Benzinga

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…

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.

Investors Business Daily

Lucid Stock Sinks As Tesla Rival Slashes 2022 Production Outlook; GM Sells Lordstown Stake

Lucid earnings missed and the startup cut 2022 output guidance. Lucid stock sank.

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.

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