NKLAW News and Press, Nikola Corporation Warrant expiring 6/3/2025 From 09/03/21

Philippe Laffont’s 13F portfolio value increased from $18.24B to $25.52B this quarter. Coatue Management increased Amazon.com, Moderna, Twilio, and Peloton Interactive while decreasing XPeng and dropping Farfetch Limited. The largest three positions are DoorDash, Amazon.com...

Global electric car sales for July 2021 were up 94% YoY reaching 7.1% share, third best month ever. China sales rose 143% YoY reaching 15% share. EV market news - Biden outlines target of 50% EV sales share in 2030. UBS forecasts 25% EVs by 2025 and 60-70% by 2030. Musk says EVs at "i...

The number of SPACs has soared in 2020 and 2021 as investor demand soared, and deal volumes surged much higher. Average deal size is rising, and some companies have completed or agreed to mergers at valuations above $10 billion. SPACs provide some key advantages to companies compa...

The problem with Nikola is that it’s still in the pre-revenue stage, as it hasn’t delivered a single truck to this day. On top of that, the company has little credibility at this stage. We find it extremely difficult to justify a long position in Nikola. For fu...

The following slide deck was published by Nikola Corporation in conjunction with their 2021 Q2 earnings call. For further details see: Nikola Corporation 2021 Q2 - Results - Earnings Call Presentation

Nikola Corporation (NKLA) Q2 2021 Earnings Conference Call August 03, 2021 9:30 AM ET Company Participants Britton Worthen - Chief Legal Officer & Secretary Mark Russell - Chief Executive Officer Kim Brady - Chief Financial Officer Conference Call Participants Chris McNally - Evercore Jef...

Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...

One of the biggest advantages to owning REITs is that unlike direct property ownership, a REIT offers full liquidity and daily price quotations. In a market free fall, the dividend yield will eventually become attractive enough to prevent further sell-offs (assuming the fundamental bu...

Nikola has made notable strides since the departure of Trevor Milton, particularly with its factory in Ulm, Germany. The company hasn't yet disclosed a solution to the massive cost of developing a Hydrogen refueling network to service its prospective fleet. It's difficult to see h...

Philippe Laffont’s 13F portfolio value decreased from $26.73B to $18.24B this quarter. Coatue Management increased Snowflake, Amazon.com, XPeng, and Li Auto while decreasing Walt Disney, Tesla, Square, and Peloton Interactive. The largest three positions are DoorDash, Snowf...