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Nikola Announces Key Leadership Changes to Strengthen Commercial and Energy Initiatives PR Newswire Pablo Koziner named President, Commercial Carey Mendes named President, Energy PHOENIX , Aug. 30, 2022 /PRNewswire/ -- ...
Now that the final version of the Inflation Reduction Act (IRA) has been signed into law, investors have had some time to determine what companies might be the beneficiaries and which might lose out. Today, gains in shares of Nikola (NASDAQ: NKLA) , Lordstown (NASDAQ: RIDE) ...
There's literally no good reason whatsoever to own this equity. None. Here’s what you should own instead. Sell your AMC ( AMC ). As of this writing shares cost over $10 per share. If you want exposure - and that is on you - then simply buy the AMC preferred ...
Shares of electric vehicle (EV) original equipment manufacturers (OEMs) Lordstown Motors (NASDAQ: RIDE) and Nikola (NASDAQ: NKLA) , as well as battery manufacturer QuantumScape (NYSE: QS) , each fell hard today, down 7.5%, 7.8%, and 5.6%, as of 12:30 p.m. ET. The...
Nikola produced 50 Nikola Tre BEVs in Q2’22, meeting production guidance. Guidance for FY 2022 deliveries was confirmed. Investors will likely see a capital raise soon. Nikola Corporation ( NKLA ) has clearly not been a great investment for shareholders in rec...
Rivian Automotive ( NASDAQ: RIVN ) has been under pressure since late last year, as the electric vehicle startup struggles to ramp up production in the face of mounting losses and murky market conditions. As part of this, the firm’s latest quarterly update included a warn...
Earnings was the major theme this week with Enovix taking the top spot among gainers and CAE slumping to be the worst decliner. For the week ending Aug. 13, all 11 sectors in the S&P 500 were in the green with the SPDR S&P 500 Trust ETF ( SPY ) rising ( +3.30 %)...
The $430B Inflation Reduction Act passed by Congress includes new rules governing the electric vehicle industry. The most dramatic is that the current $7,500 EV tax credit will be replaced by incentives designed to bring more battery and EV manufacturing into the U.S.. Crucially...
Tesla (NASDAQ: TSLA) and other EV stocks are ending the week on a high note. Tesla shares were moving higher by 3.3% as of 2:10 p.m. ET. Start-ups Nikola (NASDAQ: NKLA) and Lordstown Motors (NASDAQ: RIDE) spiked as much as almost 10% early Friday. Those shares were s...
Nikola Corp. ( NASDAQ: NKLA ) rose 4.6% at least party amid some vague takeover speculation about the electric vehicle maker. Nikola was added to TheDeal.com's "Watch List" as the Inflation Reduction Act's package of climate related incentives is expected to be approve...
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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...