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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...
The electric vehicle sector is having a rough session, with the startup names leading the list of decliners. Decliners include Faraday Future Intelligent Electric (FFIE -9.7%), EVgo (EVGO -7.9%), Nikola (NKLA -7.9%), Fisker (FSR -7.2%), Arrival (ARVL -6.8%), QuantumScape (QS -5.9%) and Lucid ...
The U.S. government formally filed charges in July against Trevor Milton, the founder and former CEO of Nikola (NASDAQ: NKLA) , and investors fled the stock as a result. Shares of Nikola lost 34.3% in July, according to data provided by S&P Global Market Intelligence , as in...
Embattled electric semi-truck start-up Nikola (NASDAQ: NKLA) reported a wider-than-expected loss for the second quarter today. But the company said that it has moved on from the scandals surrounding its recently indicted founder Trevor Milton -- and that it's on track to begin d...
Battery and hydrogen fuel cell electric truck maker Nikola (NASDAQ: NKLA) reported its second-quarter financial update this morning, and investors are reacting strongly. Shares initially spiked as the company reported a smaller loss than analysts expected. But the stock quickly ...
Nikola (NASDAQ:NKLA): Q2 Non-GAAP EPS of -$0.20; GAAP EPS of -$0.36 beats by $0.04. Press Release For further details see: Nikola EPS beats by $0.04
Nikola Corporation Reports Second Quarter 2021 Results PR Newswire PHOENIX , Aug. 3, 2021 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter ended J...
After a monumental week of Big Tech earnings, we’re in for more than a quarter of S&P 500 companies’ reports, including those from Alibaba (NYSE:BABA), General Motors (NYSE:GM) and Kraft Heinz (NASDAQ:KHC). Economic reports are also due including updates on construction sp...
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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...
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A recent Automotive News report has revealed that electric vehicles are cheaper in 2024 compared to previous years. Even though battery electric vehicle (BEV) sales have seen a notable fall in recent months, data from the report shows that EVs are easier to buy this year. According to the rep...
NIKOLA AND ITD INDUSTRIES LAUNCH FIRST HYDROGEN STATION IN ONTARIO Canada NewsWire New station marks major step towards decarbonizing Canada's busiest commercial transport sector TORONTO , July 30, 2024 /CNW/ -- Nikola Corporation (Nasdaq: NKLA), ...