Nikola

Nikola Corp. engages in the provision of zero-emissions transportation and infrastructure solutions. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems and hydrogen fueling station infrastructure. The company was founded by Trevor Milton in 2015 and is headquartered in Phoenix, AZ.

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Nikola advances hydrogen supply and truck development, eyes profitability by 2024

Nikola's Q4 2022 earnings call highlighted progress in hydrogen supply, truck development, and financial outlook. The company aims for profitability in 2024, focusing on FCEV volume and energy business profitability.

Nikola shifts focus to hydrogen trucks, eyes positive EBITDA by 2025

Nikola's Q1 performance reflects a strategic shift towards hydrogen fuel cell trucks and positive momentum in retail sales.
The company faces challenges in margin improvement, transitioning production focus, and financial sustainability.
Opportunities lie in capital raising, market expansion through partnerships, and leveraging leasing trends for customer acquisition.
Overall, Nikola's focus on zero emissions trucks and energy solutions positions it well for future growth and market leadership.

Nikola reduces cash burn, aims for profitability by 2025

Nikola is making progress in reducing cash burn, increasing cash position, and improving financial performance.
Strategic partnerships, focus on zero-emission vehicles, and efficiency gains position the company for long-term sustainability.
Challenges include the need for additional capital, operational efficiency, and meeting financial targets for profitability.
Opportunities lie in the growing demand for zero-emission vehicles, government support, and cost optimization strategies.

Nikola reports strong Q3 performance, aims for profitability and growth

Nikola Corporation demonstrates strong market performance and operational progress in Q3 2023, with significant demand for zero-emission trucks and strategic hires to drive success.
While facing supply chain challenges and transparency concerns, Nikola's focus on operational optimization and market acceptance presents opportunities for growth and profitability.
Guidance for Q4 delivery targets and production capacity showcase Nikola's commitment to meeting market demand and achieving financial milestones.
Overall, Nikola's financial stability, market positioning, and focus on sustainability position the company for future success in the zero-emission trucking industry.

Nikola excels in Q4, targets growth with hydrogen trucks

Nikola's Q4 2023 earnings call highlighted strong performance, market leadership in hydrogen fuel cell trucks, and strategic guidance for 2024. The company addressed challenges such as supply chain issues and emphasized opportunities for growth through revenue optimization and market differentiation.

Nikola exceeds Q1 expectations, focuses on growth and profitability

Nikola Corporation's Q1 2024 earnings call highlighted progress in executing plans with real trucks on roads, exceeding expectations with 40 hydrogen fuel cell electric truck sales.
While facing challenges like supply constraints and financial losses, the company is strategically focusing on customer acquisition, profitability, and expanding its hydrogen ecosystem.
Opportunities lie in engaging national accounts, adjusting pricing strategies, and developing partnerships to drive sales and increase market relevance.
The management's commitment to zero emissions, emphasis on volume growth, and proactive stance towards operational challenges position Nikola for growth amidst a competitive market landscape.

Nikola surpasses Q2 targets, eyes growth through strategic partnerships

Nikola Corporation's Q2 performance exceeded expectations, driven by strong truck wholesaling and CARB credit monetization. While facing competition from EV trucks, the company's strategic focus on partnerships and cost optimization positions it for growth. Addressing challenges related to political risks and cash management is crucial for Nikola's future success.

Nikola dominates North American fuel cell truck market in Q3

Nikola Corporation demonstrated strong sales performance in Q3 2024, leading the market with record hydrogen fuel cell electric truck sales. Despite financial challenges, the company remains focused on expanding its dealer network and improving unit economics. Opportunities lie in strengthening customer relationships, seeking capital partners, and exploring profitability avenues.

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Romeo Power

CYPRESS, Calif.--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo”) (NYSE: RMO), an energy storage technology company focused on designing and manufacturing lithium ion battery products and packs for vehicle electrification, today reminds all Romeo stockholders to tender their shares into the exchange offer (the “Offer”) by Nikola Corporation (“Nikola”) (NASDAQ: NKLA) to purchase all outstanding shares of common stock of Romeo. The Romeo Board unanimously recommends that Romeo stockholders tender the

Important Reminder for All Romeo Power Stockholders: Deadline to Tender Shares for Nikola Transaction is October 12, 2022

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Lucid, Rivian, And Nikola Are At The Front Of An EV Rush That's Conquering Our World

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Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing nkla@allianceadvisors.com Romeo stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tender Deadline for Romeo stockholders to tender shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extended If less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchanged PHOENIX , Oct. 3, 2022  /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today reminds Romeo Power, Inc. (NYSE: RMO) ("Romeo") stockholders to tender their shares into its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo. The deadline for Romeo stockholders to tender their shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extended further.

Nikola Reminds Romeo Power Stockholders to Tender Shares in Exchange Offer Before October 12 Deadline

CYPRESS, Calif.--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo”) (NYSE: RMO), an energy storage technology company focused on designing and manufacturing lithium ion battery products and packs for vehicle electrification, today issued the following letter to Romeo stockholders reminding them to tender their shares into the exchange offer (the “Offer”) by Nikola Corporation (NASDAQ: NKLA) (“Nikola”) to purchase all outstanding shares of common stock of Romeo by midnight, Eastern Time, at the end of

Romeo Power Reminds Stockholders to Tender Shares for Nikola Transaction Ahead of October 12, 2022 Deadline

Nikola (NKLA) announces extending the exchange offer to buy outstanding shares of Romeo's common stock. The truck maker will recall all the 93 electric Tre trucks built to date over seat belt glitch.

Nikola (NKLA) Extends Romeo Exchange Offer, Recalls All E-Trucks

Nikola has defied tales of its doom with an unexpected comeback under new management. The company has started to realize revenue from sales of its Tre BEV electric semi-truck.

Nikola Has Defied Bearish Tales Of Its Doom

Source: Stephanie L Sanchez / Shutterstock.com Nikola (NASDAQ: NKLA ) stock is on the move Tuesday as investors prepare for a potential catalyst for the electric vehicle (EV) shares on Oct. 12. That's the newest deadline for a deal between Nikola and Romeo Power (NYSE: RMO ).

Dear NKLA Stock Fans, Mark Your Calendars for Oct. 12

Deadline for Stockholders to Tender Shares Extended to Midnight, Eastern Time, at the end of October 12, 2022 PHOENIX , Sept. 27, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today announced that Nikola has extended its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo Power, Inc. (NYSE: RMO) ("Romeo") until midnight, Eastern Time, at the end of October 12, 2022.

Nikola Announces Extension of Exchange Offer to Acquire Romeo Power Common Stock

Shares of Nikola (NASDAQ: NKLA ) are roughly flat on the day, with NKLA stock down less than 1%. That's actually somewhat impressive, as the S&P 500 is down more than 1% and the Dow is plunging into a bear market.

What Is Going on With Nikola (NKLA) Stock Today?

Nikola Corp. is recalling all 93 battery-electric Nikola Tre Class 8 trucks it has built to date because improper installation of the shoulder anchorage assembly of the seat belts could reduce protection in a crash. Nikola imports cabs from Italy, where they are built by manufacturing partner Iveco, which is responsible for the defect.

Nikola recalls all the electric trucks it has built so far

Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing nkla@allianceadvisors.com Romeo stockholders must tender their shares by midnight, Eastern Time, at the end of the day Monday, September 26, 2022, unless the deadline is extended If less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola The Offer represents an approximately 34% premium based on Nikola's and Romeo's closing share price on July 29, 2022 PHOENIX , Sept. 23, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a provider of zero-emissions transportation and energy infrastructure solutions, today reminds all Romeo Power, Inc.'s (NYSE: RMO) stockholders to tender their shares into the exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo by September 26, 2022 at midnight Eastern Time.

Nikola Reminds Romeo Power Stockholders to Tender Shares in Exchange Offer Ahead of September 26 Deadline

The macro environment just got worse for these high-risk investments.

Why Rivian, Lucid, and Nikola Stocks Tanked Today

CYPRESS, Calif.--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo”) (NYSE: RMO), an energy storage technology company focused on designing and manufacturing lithium ion battery products and packs for vehicle electrification, today reminds all Romeo stockholders to tender their shares into the exchange offer (the “Offer”) by Nikola Corporation (“Nikola”) (NASDAQ: NKLA) to purchase all outstanding shares of common stock of Romeo by September 26, 2022 at midnight Eastern Time. On August 1, 2022, Nikola

Important Information for Romeo Power Stockholders: How to Tender Shares for Nikola Transaction Before September 26, 2022 Deadline

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Nikola changed its social media passwords and even tried “an intervention” to rein in founder Trevor Milton's social media activities, CEO Mark Russell testified Tuesday in Milton's fraud trial.  The chief executive described his relationship with Milton as strained to the point where he considered resigning from the electric truck manufacturing startup because Milton wanted to remain CEO after the company went public via special purpose acquisition company VevtoIQ in June 2020.

Nikola CEO says company executives tried ‘intervention' with Trevor Milton

Romeo's Board of Directors has unanimously recommended that Romeo stockholders tender their shares in the Offer The Offer represents an approximately 34% premium based on Nikola's and Romeo's closing share price on July 29, 2022 Stockholders can contact Alliance Advisors with questions related to the Offer by calling toll-free at (855) 643-7453 or by emailing nkla@allianceadvisors.com PHOENIX , Sept. 20, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a provider of zero-emissions transportation and energy infrastructure solutions, is reminding Romeo Power, Inc.'s (NYSE: RMO) stockholders that it has commenced an exchange offer ("the Offer") to purchase all outstanding shares of common stock of Romeo.

Nikola Reminds Romeo Power Stockholders to Tender Shares in Exchange Offer Before Deadline on September 26, 2022

Nikola Corp. CEO Mark Russell testified Monday that founder Trevor Milton went on a publicity “blitz” to attract retail shareholders to the startup's stock because he was dissatisfied with the performance of bankers hired to promote the company. Milton, 40, is on trial on four counts of fraud related to lying about the company's technology achievements and progress to boost Nikola's stock price.

Nikola CEO testifies Trevor Milton went on ‘blitz' to attract shareholders

Nikola Corp. CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in public statements.”

Nikola CEO tells jury he had concerns over founder Trevor Milton's ‘exaggerations' to investors

Company also unveils European Nikola Tre FCEV beta version HANOVER, Germany , Sept. 19, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, began a new era in zero-emissions transport with their partner IVECO, the commercial vehicle brand of Iveco Group, at the IAA Transportation 2022 today.

IAA 2022: NIKOLA AND IVECO BEGIN TAKING ORDERS ON THE EUROPEAN NIKOLA TRE BEV HEAVY-DUTY TRUCK WITH BEST-IN-CLASS RANGE

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Better EV Stock: Lucid Group vs. Nikola Corporation

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CYPRESS, Calif.--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo”) (NYSE: RMO), an energy storage technology company focused on designing and manufacturing lithium ion battery products and packs for vehicle electrification, today reminds all Romeo stockholders to tender their shares into the exchange offer (“the Offer”) by Nikola Corporation (NASDAQ: NKLA) to purchase all outstanding shares of common stock of Romeo by September 26, 2022 at midnight Eastern Time. On August 1, 2022, Nikola and Romeo j

Romeo Power Reminds Stockholders to Tender Shares for Nikola Transaction Before September 26, 2022 Deadline

One analyst sees good reason why this stock should be 140% higher.

Why Nikola Shares Soared Today

Electric vehicle (EV) maker Nikola Corp (NASDAQ:NKLA) is up 6% to trade at $5.33 this morning, after BTIG upgraded the stock to "buy" from "neutral.

News for Nikola Stock (NKLA)