You Searched For "nikola motors" and got 20 results
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1 min read
GM dismissed Tesla in 2009 as a 'bunch of engineers playing with laptop batteries,' Nikola's CEO says
Nikola CEO Steve Girsky asked about Tesla when he joined General Motors' board in 2009, and was tol…
Theron Mohamed
2 mins read
The short-seller who exposed fraud at Nikola is now targeting a conglomerate owned by the 4th richest person in the world
Following the release of Hindenburg's report early Wednesday morning, Adani Group companies lost a …
Matthew Fox
1 min read
A second Nikola electric semi-truck caught fire during tests to determine the cause of another blaze
Nikola confirmed the "thermal incident" to Bloomberg. It follows the recall of hundreds of trucks f…
Jyoti Mann
2 mins read
Nikola dives 17% after CEO offers murky commentary on GM deal ahead of December 3 deadline
Russell also stopped short of reassuring that Nikola founder Trevor Milton won't dump shares once h…
Ben Winck
1 min read
Nikola slides 12% after it ends collaboration on electric garbage truck with Republic Services
"This was the right decision for both companies given the resources and investments required," Niko…
Matthew Fox
2 mins read
Nikola could fall 30% as 'ambitious' profit forecasts and Tesla's first-mover advantage weigh on valuation, CFRA analysts say
CFRA analyst Garret Nelson initiated coverage on Nikola with a "sell" rating and a $15 price target…
Will Daniel
2 mins read
Ford-backed EV battery producer to go public via SPAC merger at a $1.2 billion valuation
Ford Motors and BMW recently participated in the $135 million Series B funding of Solid Power in Ma…
Isabelle Lee
1 min read
Lordstown Motors falls 12% after EV company reveals SEC is reviewing accusations from short-seller
The EV start-up tumbled after revealing it received "requests for information" from the SEC regardi…
Emily Graffeo
2 mins read
Nikola founder Trevor Milton plans to remain the automaker's largest shareholder despite being free to sell stock, report says
Milton stepped down from his role as chairman in September, but his 33% stake in Nikola is the larg…
Shalini Nagarajan
2 mins read
Nikola falls 11% a day after potential partnership talks halted
The Wall Street Journal reported Wednesday talks between Nikola and a number of energy companies, i…
Saloni Sardana
2 mins read
Nikola tumbles as first Wall Street 'sell' rating projects another 29% plunge over next 12 months
Wedbush said it sees risks skewing to the downside for Nikola after a "Twilight Zone-like few weeks…
Ben Winck
2 mins read
Nikola plummets 13% after short-seller report alleges years of deception and false statements by CEO
Hindenburg said it suspected that Tesla's relentless rally "pressured" General Motors to partner wi…
Matthew Fox
2 mins read
Nikola jumps 11% as General Motors confirms partnership talks are ongoing
Nikola CEO Mark Russell said that the company would abandon its Badger pick-up truck ambitions if t…
Matthew Fox
2 mins read
Nikola slips 25% after striking long-awaited deal with General Motors that doesn't include crucial equity stake
General Motors will no longer take an equity stake in Nikola or help the company build its Badger p…
Matthew Fox
2 mins read
Nikola sinks another 18% as Citron Research calls it a 'total fraud' and investors shun a rebuttal of the original short-seller report
Nikola fired back at Hindenburg Research in a Friday statement, deeming its report "a hit job for s…
Ben Winck
2 mins read
Nikola slides another 7% after Justice Department joins SEC in fraud probe
The Wall Street Journal reported Wednesday the US Justice Department joined the SEC in investigatin…
Saloni Sardana
2 mins read
Nikola soars 22% after securing order for 2,500 electric garbage trucks
The deal completes Nikola's goal to secure a major order before the end of 2020. The firm's last la…
Ben Winck
2 mins read
Tesla competitor Nikola sinks 17% after debut earnings report misses forecasts and analyst call turns contentious
"Is this all we get?" Paul Coster of JPMorgan asked. Jeff Osborne, an analyst at Cowen, said Nikola…
Ben Winck
1 min read
Nikola jumps 15% on report that GM could take a bigger stake
Talks between Nikola and GM continue, and a deal won't be finalized by Wednesday, the expected clos…
Matthew Fox
2 mins read
US EV companies rally after Biden announces electric fleet plans for the federal government
The federal fleet comprises some 645,000 vehicles, which cost taxpayers $387 million in fuel costs …