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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 reported financial results and business updates for Q3 2023. They raised $250M, increasing unrestricted cash by $136.2M. They continue to see strong demand for their zero-emissions trucks. They received purchase orders for 47 battery-electric trucks from one dealer despite the truck being in recall. They have received 277 non-binding orders for the hydrogen fuel cell electric truck. They added new management expertise and are refocusing their business model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.48%
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-
Rhea-AI Summary
Nikola Corporation to report Q3 2023 financial results and business updates on November 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
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Rhea-AI Summary
Nikola Corporation celebrates commercial launch of hydrogen fuel cell electric truck
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.85%
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none
Rhea-AI Summary
Experienced energy executive Joseph S. Cappello joins Nikola as President of Nikola Energy, overseeing all aspects of the company's energy business. His arrival coincides with the upcoming commercial launch of the Class 8 Nikola hydrogen fuel cell electric vehicle.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.81%
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management
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Rhea-AI Summary
Nikola appoints Mary Chan as COO to streamline decision-making processes and bolster engineering and manufacturing reputation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.61%
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management
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Rhea-AI Summary
Nikola expands dealer network into Canada with ITD Industries Inc., a leading commercial trailer manufacturer and technology business. Canada's supportive environment for zero-emission vehicles and ambitious carbon reduction goals make it a strategic market for Nikola's Class 8 trucks. ITD's commitment to sustainability and innovation aligns with Nikola's mission. Significant growth anticipated with eligibility for incentives up to $200,000 (CAD) for hydrogen fuel cell electric trucks and $150,000 (CAD) for battery-electric trucks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
Tags
partnership
Rhea-AI Summary
Nikola Corporation has appointed John Vesco, a seasoned multi-modal transportation expert, to its Board of Directors. Vesco's extensive executive leadership within prominent transportation and supply chain organizations underscores his qualifications to contribute significantly to Nikola's strategic growth initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.09%
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management
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Rhea-AI Summary
Nikola Corporation announces a voluntary recall of approximately 209 Class 8 Tre battery-electric vehicles (BEVs) due to a coolant leak in the battery pack. The recall does not affect the hydrogen fuel cell electric vehicle (FCEV) currently in production. Investigations indicate a single supplier component as the likely source of the coolant leak. Efforts are underway to provide a field remedy in the coming weeks. Two battery packs have experienced a thermal event out of more than 3,100 packs produced to date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Nikola Corporation reported financial results for Q2 2023, with 45 wholesale and 66 retail deliveries of battery-electric trucks. They began serial production of hydrogen fuel cell electric trucks and have 18 customer orders for over 200 trucks. Nikola increased their unrestricted cash position by $107.1 million in Q2.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.36%
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Rhea-AI Summary
Michael Lohscheller steps down as President and CEO of Nikola Corporation, Stephen Girsky named successor. Lohscheller resigns due to family health matter and will remain in an advisory role. Girsky, Chairman of the Board, will also serve as CEO. Steve Shindler becomes Chairman of the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.36%
Tags
management
Nikola Corp

Nasdaq:NKLA

NKLA Rankings

NKLA Stock Data

935.33M
1.24B
7.45%
33.56%
17.9%
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