Source: Barron’s
The truck maker’s shares are now down around 70% from their recent highs.
NKLA Stock Forecast: Nikola Corporation gains before a major investor drops out
Source: FXStreet
NASDAQ: NKLA has continued its erratic performance into 2021 and even without founder and former CEO Trevor Milton, the company just cannot seem to fi
Hanwha to sell half of stake in electric truck maker Nikola
Source: The Korea Herald
Hanwha Group, a South Korean energy-to-defense conglomerate, plans to sell half of its stake in US electric truck maker Nikola Corp., the two companies said Thursday. Green Nikola Holdings, Hanwha’s US subsidiary that holds a 5.65 percent share in Nikola, plans to sell up to 11.1 million shares over a six-month period from June, according to a US Securities and Exchange Commission filing. Hanwha’s stake in Nasdaq-l…
Hanwha to sell half of stake in electric truck maker Nikola | Yonhap News Agency
Source: Yonhap News Agency
By Kim Eun-jung SEOUL, March 18 (Yonhap) — Hanwha Group, a South Korean energy-to-defen…
Is Now The Time To Buy Stock In Pinduoduo, Starbucks, Roblox, Moderna Or Nikola?
Source: Benzinga
One of the most common questions traders have about stocks is “Why Is … Full story available on Benzinga.com
Nikola Looks To Raise $100M Via Stock Sale As It Eyes Completion Of Arizona Factory
Source: Benzinga
Nikola Corporation (NASDAQ: NKLA) is planning to raise capital by the way of a $100 million stock sale to investors, according to a filing with the United …
Nikola Could Be Preparing to Issue New Stock
Source: Barron’s
The trucking company filed a form with the SEC on Monday afternoon, but didn’t fill in the number of shares it might offer.
Lordstown Motors stock sinks after report calls pre-orders a ‘mirage’
Source: New York Post
Lordstown Motors shares plummeted Friday after a fiery short-seller accused the electric-vehicle startup of touting bogus pre-orders for its forthcoming pickup truck. The General Motors-backed company is the latest target of Hindenburg Research, which rose to prominence last September after publishing a damning report on Nikola, another buzzy electric-truck maker. Lordstown’s stock price plummeted as…
GM-backed startup Lordstown Motors accused of faking preorders
Source: The Verge
A short-selling firm has published a report that alleges Lordstown Motors fabricated orders and misled the public about the progress of its electric pickup truck. The same firm dug up dirt on EV trucking startup Nikola last year.
No Partners, No Problem: Nikola May Do Hydrogen Stations Solo
Source: Benzinga
Now that it can buy cheap electricity to make hydrogen in Arizona, Nikola Corp. (NASDAQ: NKLA ) no longer needs fueling station partners who balked after the startup’s months of distractions and ongoing federal probes into fraudulent claims. “Things are changing,” Nikola CEO Mark Russell told FreightWaves in a recent interview. “We were working with various potential station partners for some time last year. And that’s why we thought there was a good chance that we would have one of those announced by the end of the year or early this year.” But after getting a long-term deal to buy electricity at about 2.5 cents a kilowatt from Arizona Public Service (APS), the need for help has diminished. Competing favorably with diesel fuel “The rate schedule that has been put in place with APS is huge,” Russell said. “Eighty-five percent of the cost of providing hydrogen in the way we’re talking about is electricity. We’ll be able to compete very favorably to diesel fuel using that rate structure over the next 20 years.” Hydrogen fuel used in fuel cell Class 8 trucks like Nikola plans for 2023 emit no emissions, critical in places like California.
