October 8, 2024
“The EV maker delivered 88 Class 8 hydrogen fuel cell trucks to dealers in the quarter, in line with its expectations of selling 80 to 100 units. But that lagged the 80% sequential surge in deliveries reported in the second… Continue Reading…
October 25, 2023
“Shares of electric truck maker Nikola traded higher Tuesday after the company said in a regulatory filing that its disgraced founder, Trevor Milton, has been ordered to pay the company about $165 million in damages. Shares closed up about 9%, trading at a little… Continue Reading…
March 31, 2023
“Electric heavy-truck maker Nikola said that its planned $100 million secondary stock offering, announced on Thursday after U.S. markets closed, has priced at $1.12 per share – 20% below the stock’s closing price of $1.40. Shares fell more than 15%… Continue Reading…
December 27, 2021
“Nikola shares jumped 18% on Thursday after theelectric truck maker completed delivery of its first vehicle. The surge in the stock came a day after the company announced on Twitter that its first customer delivery is done, signaling more to come…” https://www.cnbc.com/2021/12/23/nikola-shares-surge-after-company-delivers-its-first-ev-truck-says-more-to-come.html This… Continue Reading…
November 24, 2021
“Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he’s disposed since August to $284 million… Trevor Milton offloaded 11.7 million shares worth about $131 million in a series… Continue Reading…
October 6, 2020
“Coster remains positive on Nikola and keeps an Overweight (i.e. Buy) rating along with a bullish $41 price target. The analyst, therefore, expects shares to add nearly 70% from current levels… Nikola appears to be the subject of much head… Continue Reading…
September 8, 2020
“Shares of Nikola surged Tuesday after General Motors announced it’s taking an 11% stake in the electric truck maker and will produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Shortly before the opening bell, Nikola shares… Continue Reading…
Recent Comments