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The electrification of trucks is one of the major trends that will take place during this decade. Volvo Group is already a leader in this segment and is growing fast, with deliveries in the hundreds and orders in the thousands. Nikola has just delivered its first trucks, but it is...
It was a busy weekend in Washington, D.C. -- and renewable energy companies are reaping the benefits. With the passage of the Inflation Reduction Act taking a significant step closer to reality, investors are gobbling up shares of various clean energy tickers to start the week. In addition,...
Romeo Power Inc. ( NYSE: RMO ) stock rose 20% after announcing an all-stock purchase agreement with Nikola ( NASDAQ: NKLA ). The company announced it had executed a definitive purchase agreement whereby it will be acquired by Nikola in an all-stock deal. Details of t...
While acquisition news drove the top two industrial stocks in this week's gainers, it was earnings that had a say in impacting the losing stocks, other than Kanzhun which found itself as the worst performer in the list. For the week ending Aug. 5, seven out of the 11 sectors in...
The Nikola Tre battery electric class 8 truck is now in serial production and the manufacturing site in the US is capable of producing 2,500 trucks a year. Nikola has a joint venture in Europe that will build the Nikola Tre in Germany. Nikola is moving ahead with a zero emission r...
Image source: The Motley Fool. Nikola Corporation (NASDAQ: NKLA) Q2 2022 Earnings Call Aug 04, 2022 , 9:30 a.m. ET Operator Continue reading For further details see: Nikola Corporation (NKLA) Q2 2022 Earnings Call Transcript
The past month has been good for electric vehicle (EV) stocks and the gains only accelerated this week. Battery electric and hydrogen-powered heavy truck maker Nikola (NASDAQ: NKLA) led the way with a 28% jump. Shares of fellow hydrogen fuel cell truck maker Hyzon Motors (NASD...
/C O R R E C T I O N -- Nikola Corporation/ PR Newswire In the news release, Nikola Corporation Reports Second Quarter 2022 Results, issued 04-Aug-2022 by Nikola Corporation over PR Newswire, we are advised by the company that the second bullet after the headline sho...
Nikola generally hit financial and production targets during Q2'22 setting the stage for the next phase of the business. The BEV manufacturer continues to burn $50+ million a quarter, quickly depleting current liquidity likely below $800 million now. The stock is a Buy once securi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips In the world of speculative electric vehicle (EV) stocks, it’s a great day to be an investor. As of early afternoon trading, shares of Workhorse (NASDAQ: WKHS ), Nikola (NASDAQ: NKLA ), Fisker (NYSE: ...
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2024-07-25 08:45:00 ET Being at the cutting edge of an industry revolution can come with massive rewards, and also massive risk. That's never been more clear than within the electric vehicle (EV) industry, as Tesla has proven a first-mover advantage can power a company's stock higher fo...
2024-07-25 06:32:00 ET Nikola (NASDAQ: NKLA) and its shareholders have had a tumultuous journey. The company's founder and former CEO was convicted of wire fraud and securities fraud, and the stock has lost over 99% of its value. Today, Nikola is working to rebuild its reputation wh...