Shares of electric and hydrogen-fueled truck maker Nikola (NASDAQ: NKLA) rallied over 26% at one point today, before settling into a 16% gain as of 1:13 p.m. ET. The rally was fueled by the company’s disclosure of hydrogen truck deliveries for the second quarter, which greatly exceeded expectations. With Nikola’s past problems and loss-making financials […]
Plug Power (NASDAQ: PLUG) and Nikola (NASDAQ: NKLA) represent two different ways to invest in the nascent hydrogen power market. Plug Power sells hydrogen fuel systems for electric forklifts and other warehouse equipment, while Nikola develops semitrailer trucks that run on electric batteries and hydrogen fuel cells. Both stocks initially attracted a stampede of bulls. […]
Big news in the electric vehicle (EV) sector led to gains in several names today. Electric heavy truck maker Nikola (NASDAQ: NKLA) was one of them. Shares jumped as much as 16% in early Wednesday trading. The stock lost most of those gains, but still traded higher by 3.4% on the day as of 3:30 […]
Nikola (NASDAQ: NKLA) has been working to grow a customer base for its hydrogen-fueled electric trucks. The company, in fact, announced a large order for the electric vehicles (EVs) last month. But investors haven’t been impressed and Nikola stock has struggled. That has led to a dwindling stock price and now a decision to perform […]
Nikola (NASDAQ: NKLA) disappointed a lot of investors after it went public by merging with a special purpose acquisition company (SPAC) four years ago. The maker of electric semi trucks repeatedly missed its own delivery estimates, its founder and former CEO Trevor Milton was convicted of securities and wire fraud, and it recalled nearly all […]
Nikola has delivered 75 hydrogen-powered fuel cell trucks to customers. It has an order bank that should begin to produce meaningful revenue. Now it is producing statistical evidence that hydrogen-powered trucking is not just for show. At two industry conferences this week and in data shared first with Truck Tech, Nikola revealed it has: Completed […]
DENVER (AP) — The NBA and Denver police are looking into an incident in which a man reported to be one of the brothers of Denver Nuggets star Nikola Jokic was seen punching a fan after the team’s buzzer-beating 101-99 victory over the Los Angeles Lakers in the NBA playoffs. In videos shared by TMZ […]
Nikola (NASDAQ: NKLA), a maker of electric semi-trucks, went public by merging with a special purpose acquisition company (SPAC) in June 2020. Its shares opened at $37.55 and more than doubled to an all-time high of $79.73 a week later. But today, Nikola’s stock trades at less than $1. Nikola’s investors fled as it broadly […]
Rivian (NASDAQ: RIVN) and Nikola (NASDAQ: NKLA) were once two of the market’s hottest electric vehicle stocks. Rivian went public in Nov. 2021, and it soared from its IPO price of $78 to a record high of $172.01 a week later. Nikola went public by merging with a special purpose acquisition company (SPAC) in June […]
Nikola (NASDAQ: NKLA) 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 […]
Fool.com contributor Parkev Tatevosian discusses what this latest news could mean for Nikola (NASDAQ: NKLA) stock investors. *Stock prices used were the afternoon prices of April 3, 2024. The video was published on April 5, 2024. Should you invest $1,000 in Nikola right now? Before you buy stock in Nikola, consider this: The Motley Fool […]
Electric heavy truck maker Nikola (NASDAQ: NKLA) 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 […]