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Shares of electric and hydrogen-fueled truck maker Nikola (NASDAQ: NKLA) rallied over 26% at one point today, before settling into a 16% gain as of 1:13 p.m. ET.. The rally was fueled by the ...
Nikola's net cash for operating activities was $(134.6) million compared to $(111.1) a year ago. As of June 30, 2024, the company held $266.5 million in cash and equivalents.
Chart 13 contains our financial highlights. Regarding the top line, in Q2, we posted the strongest revenue quarter in the history of Nikola. Total revenue was $31.3 million, up 318% from Q1 ...
Nikola Corporation (formerly known as Nikola Motor Company) is an American manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions. [ 2] It presented several concept vehicles from 2016 to 2020, the first of which was a natural gas fueled turbine-electric semi truck. [ 3]
June 26, 2024 at 3:54 PM. Big news in the electric vehicle (EV) sector led to gains in several names today. Electric heavy truck maker Nikola (NASDAQ: NKLA) was one of them. Shares jumped as much ...
The EV startup delivered 72 Class 8 Nikola hydrogen-fuel cell trucks to wholesalers in the quarter, exceeding its own expectations of between 50 and 60 trucks, sending its shares up about 3% in ...
Trevor Robert Milton (born April 6, 1982) is an American convicted felon, former businessman and the founder and former executive chairman and CEO of Nikola Corporation.In September 2020, Milton resigned from his position as executive chairman after the U.S. SEC and Department of Justice began investigating claims that Milton and Nikola committed securities fraud.
Nikola Corp. has been awarded $165 million in an arbitration proceeding with its founder and former executive chairman, according to a regulatory filing. The electric and hydrogen-powered heavy ...