Nikola to pay $125 million penalty in SEC settlement

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Nikola (NKLA) Stock Has Soared Today. Here's Why

November 8, 2021 10:14 AM EST

Nikola (NASDAQ: NKLA) share price is up over 6% today as two Wall Street analysts raised their price targets on the company following a long-term battery supply deal with LG Energy Solution.

Last week, Nikola decided that LG Energy agreed to provide the company with its battery cells starting from 2022. Moreover,... More

Nikola (NKLA) Enters Supply Deal with LG; Offers Resolution to Government-Led Probe

November 5, 2021 7:18 AM EDT

Nikola Corp (NASDAQ: NKLA) released its 3rd quarter earnings report on Thursday. According to the report, the company has entered a long-term battery supply deal with LG Energy Solution Ltd., a leading South Korean battery maker.

LG Energy has agreed to provide battery cells to... More