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In today's article I will analyze and compare Mullen Automotive (MULN) and Nikola (NKLA) to determine which electric vehicle (EV) stock is a better buy. With the ongoing electrification of the transportation sector, the number of new electric vehicles (EVs) on the world's roads stood at ...
Shares of electric truck maker Nikola (NASDAQ: NKLA) may be down more than 20% so far in 2022, but that's much less of a year-to-date decline than shareholders saw just a week ago. That's because the stock has moved up nearly 20% just this week. As the market headed toward the close...
CVG is taking serious action to shore up the profitability of its legacy Vehicle Solutions business, renegotiating supply agreements to protect margins, and letting uncooperative customers (Volvo) go. Management has staked the company's future on automation and electrification, where ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Risk-tolerant investors might see a lot to like in Mullen Automotive (NASDAQ: MULN ) stock. The electric vehicle company out of Brea, CA hasn’t really accomplished much yet commercially. And it doesn’...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since Russia’s invasion of Ukraine, world leaders have been working hard to reduce their nation’s dependency on Russian oil exports. This has led to a focus on clean and renewable energy investments as Preside...
Last year, the demand for electric vehicles (“EVs”) grew in China, Europe and the United States while the demand for gas cars remained stagnant. This huge demand has led some carmakers to require consumers to fork out advance deposits as some models are sold out for the next ...
Nikola (NKLA +15.7%) soared in Tuesday trading amid a broad rally in the electric vehicle sector. News that the Biden Administration plans to ban Russian oil sent a large part of the electric vehicle sector into a higher gear on Tuesday. That follows news that Russian Deputy Prime Minister Al...
Gas prices continue to surge, and electric car stocks remain red hot on Tuesday. As of 11:05 a.m. ET, shares of Chinese electric automaker Nio (NYSE: NIO) had tacked on yet another 1%, while Tesla (NASDAQ: TSLA) stock was up 2.1%, and Nikola (NASDAQ: NK...
News that the Biden Administration plans to ban Russian oil has sent a large part of the electric vehicle sector into a higher gear on Tuesday. That follows news that Russian Deputy Prime Minister Alexander Novak threatened to cut off gas supply to Europe if governments sanction energy import...
Shares of Nikola went through an undeservedly large drop in pricing in recent months. The EV manufacturer reported slightly better than expected fourth-quarter earnings. Signings of new letters of intent could power shares higher in 2022. So could demonstrated progress regarding N...
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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), ...
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...