NIKOLA CORPORATION HYDROGEN FUEL CELL ELECTRIC VEHICLE DEMAND SURPASSES 200

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Nikola (NKLA) passes vote to increase shares with help from new law

August 4, 2023 9:45 AM EDT

Electric truck maker Nikola Corp (NASDAQ: NKLA) revealed Thursday evening that has received sufficient backing for a proposal to raise the allowable number of shares it can issue, paving the way for acquiring much-needed capital.

Nikola faced multiple attempts before successfully passing the proposal, with the most recent attempt taking place last month.... More

Nikola (NKLA) names Girsky new CEO as Lohscheller steps down

August 4, 2023 9:13 AM EDT

Shares of Nikola Corp. (NASDAQ: NKLA) were down as much as 11% in pre-market trading Friday morning after the American heavy-duty electric truck company revealed that CEO Michael Lohscheller will be stepping down from the position effectively immediately due to a family heath matter.

Lohscheller will be replaced by Chairman Steve Girsky who has more than 30 years of experience working with corporate board executives,... More

Shares sink in early trading as Nikola (NKLA) reports 2Q results and leadership changes

August 4, 2023 8:56 AM EDT

Shares of American heavy-duty electric truck startup, Nikola (NASDAQ: NKLA) sunk as much as 11% in pre-market trading Friday after the automaker reported its financial results and business updates for the second quarter ended June 30, 2023.

Nikola reported 2Q EPS of ($0.20), $0.02 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $15.36 million versus the consensus estimate of $15... More

Nikola (NKLA) surpasses 200 orders for class 8 hydrogen trucks

August 2, 2023 11:09 AM EDT

Zero-emissions truck builder, Nikola Corporation (NASDAQ: NKLA), via its HYLA brand, announced Wednesday that the automaker and its dealer network have surpassed 200 sales orders for their Class 8 Nikola hydrogen fuel cell electric vehicles.

The 202 sales orders for the purpose-built heavy-duty trucks represent 18 end... More