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Nikola Corp - NKLA STOCK NEWS

Welcome to our dedicated news page for Nikola (Ticker: NKLA), a resource for investors and traders seeking the latest updates and insights on Nikola.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nikola's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nikola's position in the market.

Rhea-AI Summary
Nikola Corporation rejects former Executive Chairman Trevor Milton's slate of director nominees, citing lack of experience and expertise. Milton, convicted of fraud and sentenced to prison, remains separated from the company. The current board of directors, led by industry experts, is committed to creating long-term value for stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
management
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Rhea-AI Summary
Nikola Corporation (Nasdaq: NKLA) opens its first HYLA hydrogen refueling station in Southern Calif., with plans to establish up to 60 hydrogen refueling solutions by Q2 2024. The station is expected to support up to 40 Class 8 trucks daily, marking a significant milestone in Nikola's commitment to providing hydrogen refueling solutions for zero-emissions transportation. The company aims to establish one of the world's largest heavy-duty hydrogen refueling networks, prioritizing access for its customers and contributing to the decarbonization of transportation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.73%
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none
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Rhea-AI Summary
Nikola Corporation appoints Ole Hoefelmann as President of Nikola Energy division, an international energy executive with 30-plus years' experience in the hydrogen business. Hoefelmann will oversee the company's energy business, including supply strategy, technology, dispensing, and development. Joe Cappello, the previous President of Nikola Energy, will be departing from the organization to ensure a smooth transition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Nikola Corporation (NKLA) will report its Q4 and full year 2023 financial results and business updates on February 22, 2024. The management will hold a conference call and webcast to discuss the company's business and outlook. A Q&A platform will allow verified investors to submit and upvote questions, which management will address on the earnings call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
earnings
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Rhea-AI Summary
Nikola Corporation (NKLA) produced and wholesaled 35 Class 8 hydrogen fuel cell electric vehicles (FCEVs) in 2023, with a range of up to 500 miles and an estimated fueling time as low as 20 minutes. The company aims to introduce a cleaner way to deliver goods to the North American market in a reliable package. Nikola's FCEV customer pilot programs have shown strong results, with truck uptime at 98%. The company is set to announce its 2023 financial results and 2024 outlook in the coming weeks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.57%
Tags
none
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Rhea-AI Summary
FirstElement Fuel (FEF) named authorized Fueling Solutions Partner for Nikola Corporation (Nasdaq: NKLA) for hydrogen fuel cell electric trucks
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.28%
Tags
partnership
Rhea-AI Summary
Nikola Corporation (Nasdaq: NKLA) has appointed Jonathan Pertchik, former CEO and Managing Director of TravelCenters of America, to its Board of Directors. Pertchik brings over two decades of transformational leadership and experience in finance, customer service, and sustainable energy programs. His successful track record in company-wide transformations and major roles at notable investor groups make him a valuable addition to Nikola's leadership team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
management
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Rhea-AI Summary
Nikola Corporation (Nasdaq: NKLA) announced the pricing of its concurrent public offerings of 133,333,334 shares of common stock at $0.75 per share and $175,000,000 aggregate principal amount of 8.25% Green Convertible Senior Notes due 2026. The completion of the common stock offering will not be contingent on the completion of the Notes offering, and vice versa. The Notes will accrue interest at a rate of 8.25% per annum and are redeemable at Nikola's option. Nikola intends to use the net proceeds for working capital, general corporate purposes, and Eligible Green Projects in alignment with the Green Bond Principles, 2021.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.05%
Tags
none
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Rhea-AI Summary
Nikola Corporation (Nasdaq: NKLA) plans to offer $100,000,000 of common stock and $200,000,000 aggregate principal amount of Green Convertible Senior Notes due 2026 in separate public offerings. The Notes will be senior, unsecured obligations of Nikola, will accrue interest payable semi-annually in arrears and will mature on December 15, 2026. Nikola intends to use the net proceeds from the common stock offering for working capital and other general corporate purposes and allocate an amount equal to the net proceeds from the Notes offering to finance, refinance, or make direct investments in Eligible Green Projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.32%
Tags
none
Rhea-AI Summary
Universal Hydrogen Co.: Appoints Anastasiya “Stasy” Pasterick as CFO, bringing scaling and public company experience. Pasterick to lead finance activities, financial planning, capital raising, and compliance. She joins after successful leadership at Nikola Corp. and other OEMs. The company recently achieved key product milestones, including the first flight of the world’s largest hydrogen fuel cell-powered airliner and the launch of a hydrogen-powered charger for airport ground support equipment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
management
Nikola Corp

Nasdaq:NKLA

NKLA Rankings

NKLA Stock Data

1.21B
1.24B
7.46%
33.55%
16.23%
Heavy Duty Truck Manufacturing
Manufacturing
Link
US
Phoenix

About NKLA

nikola motor company designs and manufactures electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains. nmc is led by its visionary ceo trevor milton (twitter: @nikolatrevor), who has assembled one of the most talented teams in the country to bring the nikola products to market. the company is privately-held. for more information, visit nikolamotor.com or twitter: @nikolamotor