Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company said Friday it will lay o
Electric-truck maker Nikola said on Friday it would lay off a total of 270 employees, 150 of whom were supporting its European operations and 120 based at its sites in Phoenix and Coolidge.

Nikola to lay off about 10% of its workforce

04:20pm, Friday, 16'th Jun 2023
Nikola Corp. stock NKLA, -15.00% wavered between gains and losses in the extended session Friday after the EV maker said it planned to let go of about 150 employees, cutting its personnel spending by
Nikola (NASDAQ: NKLA ) and its founder, former CEO and chairman Trevor Milton are in the spotlight following a social media scramble. Yesterday, Milton broke his social media silence with an Instagram
Nikola's top shareholder and founder, Trevor Milton, on Thursday urged investors to vote against the electric truck maker's proposal to increase the number of shares it is allowed to issue and called
In today's session, EV stocks are once again in focus for investors. Whether it's Workhorse (NASDAQ: WKHS ), Lordstown Motors (NASDAQ: RIDE ), Canoe (NASDAQ: GOEV ), Polestar Automotive (NASDAQ: PS

Why Nikola and Other EV Stocks Soared This Week

01:07pm, Thursday, 15'th Jun 2023
Nikola's future capital-raising prospects were boosted in more than one way this week. QuantumScape's technology just received confirmation from a large global automaker.

Why Nikola Stock Is Soaring Today

01:00pm, Thursday, 15'th Jun 2023
Nikola stock is gaining ground following the Fed's decision not to raise interest rates. The EV company's share price appears to be benefiting from a short squeeze.

Nikola stock rises for five straight days

11:01am, Thursday, 15'th Jun 2023
Nikola shares rise for five straight days. Yahoo Finance Automotive Reporter Pras Subramanian takes a look at the company's stock movement.
Nikola Corp NKLA was surging about 22% higher Wednesday, reacting bullishly to producer price index data that came in lower than expected and the Federal Reserve's decision to pause its rate hike cycl

Why Nikola Continued to Rocket Higher Today

11:06am, Wednesday, 14'th Jun 2023
Nikola is on track to gain enough shareholder support for an important proposal that will help it raise future capital. Signs that inflation is easing could also help reduce the cost of future capital

Why Is Nikola (NKLA) Stock Up 15% Today?

10:39am, Wednesday, 14'th Jun 2023
Nikola (NASDAQ: NKLA ) stock is climbing higher on Wednesday as investors react to the recent May CPI data released yesterday. That May CPI data showed that inflation is finally starting to cool down.
Nikola (NASDAQ: NKLA) stock price jumped by more than 20% on Tuesday as investors started embracing the FOMO attitude. The shares jumped to a high of $0.9140, the highest level since May this year.
Shares of several start-ups are rallying Tuesday. The probable cause is slower-than-expected inflation raising hopes that the Fed is done raising interest rates.
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