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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
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%
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management
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Rhea-AI Summary
Nikola Corporation (NKLA) Receives Stockholder Approval for Increase in Authorized Common Shares
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.36%
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none
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Rhea-AI Summary
Nikola surpasses 200 sales orders for hydrogen fuel cell electric trucks, with 202 orders from 18 end customers. Deliveries expected later this year. Positive industry momentum and confidence in sustainable transportation solutions. Nikola eligible for various government incentives in the US and Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.21%
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none
Rhea-AI Summary
Nikola Corporation has been awarded an additional $16.3 million in grants and government funding to support the development of seven open-network hydrogen refueling stations. This brings the total amount awarded to Nikola to $58.2 million. The awards are part of the company's plans to create a comprehensive zero-emission transportation solution and improve air quality. The funding will also support the development of up to 50 HYLA stations throughout North America over the next five years. Additionally, HYLA is developing a fleet of hydrogen mobile fuelers to provide Hydrogen Flex Fueling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.85%
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Rhea-AI Summary
Nikola Corporation and J.B. Hunt Transport Services Inc. have announced an agreement for J.B. Hunt to purchase 13 Nikola zero-emission Class 8 trucks. The initial order includes 10 battery-electric and three hydrogen fuel cell electric vehicles, with delivery expected in August 2023. The trucks will be strategically located at facilities in the greater Los Angeles and Phoenix areas. J.B. Hunt aims to reduce carbon emission intensity and incorporate alternative powered equipment into its fleet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
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none
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Rhea-AI Summary
Nikola Corporation and J.B. Hunt Transport Services Inc. have announced an agreement for J.B. Hunt to purchase 13 Nikola zero-emission Class 8 trucks. The initial order includes 10 battery-electric and three hydrogen fuel cell electric vehicles, with delivery expected in August 2023. The trucks will be strategically located at facilities in the greater Los Angeles and Phoenix areas. J.B. Hunt aims to reduce carbon emission intensity and incorporate alternative powered equipment into its fleet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.62%
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none
Rhea-AI Summary
Fortescue Future Industries (FFI) is set to acquire Nikola's Phoenix Hydrogen Hub (PHH) project, a fast-to-market green hydrogen project located near Phoenix, Arizona. FFI will bring the capital and resources to develop the project, and they are working towards a hydrogen supply agreement to support Nikola's zero-emission trucks. This acquisition strengthens the hydrogen hub and supports Nikola's goal of increasing the number of zero-emission trucks on the road.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.41%
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acquisition
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
60.87%
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partnership
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Rhea-AI Summary
Nikola Corporation has adjourned its 2023 Annual Meeting of Stockholders to August 3, 2023. The company has received enough votes to approve all proposals except for Proposal 2, which requires a majority of all outstanding common stock. A proposed amendment to the Delaware General Corporation Law may change the voting threshold for approval. Stockholders must actively vote by August 2, 2023, and can do so by phone or internet. The meeting will be held virtually on August 3, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.46%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.09%
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Nikola Corp

Nasdaq:NKLA

NKLA Rankings

NKLA Stock Data

1.39B
1.24B
7.46%
33.55%
18.9%
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