Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually ...
EV maker Nikola is exploring options including selling parts of its business or the entire company as it struggles with a ...
With shares under $1, Nikola (NASDAQ: NKLA) is risking bankruptcy, underscoring the larger difficulties smaller EV firms like Lucid (NASDAQ: LCID) and Rivian (NASDAQ: RIVN). While conventional ...
EV truck maker Nikola is reportedly exploring options including selling parts or all of the company to prevent a cash crunch.
At its works meeting in Wolfsburg, Germany on Wednesday, Volkswagen said it has a new three-stage plan to remain competitive in the EV race, an area where it has struggled so far. Stage one is "catch ...
Despite setbacks, Nikola continues to produce its Tre electric truck amid several recalls. Cracking into the trucking business is no easy feat, just ask Nikola. Not only was its founder and former ...
“Despite external headwinds in the EV sector, we have been relentlessly working to raise capital, reduce our liabilities, preserve cash and provide excellent service for our customers,” Nikola ...
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
A Nikola Tre battery-electric heavy duty truck at the Nikola Corp.-Iveco SpA joint venture electric truck plant in Ulm, Germany. Photo: Getty Images EV maker Nikola is exploring options including ...
as investors bet the closeness between Tesla’s CEO and the U.S. President will pave the way — ignoring cash flow risks from a possible roll-back of EV incentives. It’s almost as if the ...
(This Jan. 23 story has been corrected to say that Nikola had $464.7 million in cash and cash equivalents at the end of 2023, not at the end of last year, in paragraph 5) (Reuters) - EV maker ...