Nikola reported a Q1 loss per share that was narrower than Wall Street expected and confirmed that its fuel cell truck is on track for a 2023 launch.
Investors will be looking for any changes to its 2022 production estimates.
The Zacks Consensus Estimate for Nikola (NKLA) Q1 loss is pegged at 27 cents per share. The projection implies a year-over-year deterioration of 92.8%.

Why Nikola Stock Crashed Monday

02:13pm, Monday, 02'nd May 2022
Nikola gets a big investment to help it continue to expand.
NKLA stock is the talk of Wall Street today after the company announced a new $200 million investment. However, NKLA stock is down.
Nikola Corp (NASDAQ: NKLA) disclosed that an institutional investor has agreed to make a $200 million investment by purchasing Convertible Senior Notes. Funds advised by Antara Capital LP have agre
The EV manufacturer sells convertible senior notes to Antara Capital, and plans to use the capital to continue funding its expansion.
Nikola Corp. NKLA, -2.84% said Monday that funds advised by Antara Capital LP have agreed to purchase $200 million of its convertible bonds. The 8.00% / 11.00% notes that mature in 2026 will bear inte
Output of battery-powered Tre trucks for customers will grow to five per day, with a longer-range hydrogen model due in 2023.
Yesterday, Fed Chair Jerome Powell stated that a 50 bps rate hike in May is "on the table." EV stocks have fallen in response.

Nikola to lose one board member

04:55pm, Thursday, 14'th Apr 2022
Nikola Corp. NKLA, -2.79% said late Thursday Sophia Jin, who will complete her three-year term on the EV maker's board, will leave the board after Nikola's annual meeting in June. The EV maker said it

Why Nikola Stock Has Been Dropping This Week

04:44pm, Thursday, 07'th Apr 2022
After the stock surged about 40% in March, some investors booked profits this week.
PHOENIX, April 7, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its first quarte

Why Nikola Stock Jumped 35.6% in March

01:28pm, Tuesday, 05'th Apr 2022
Nikola stock bounced back after the electric truck maker confirmed delivery goals.
Nikola Corp. is preparing for its long-anticipated capital raise, telling the Securities and Exchange Commission it plans to sell up to $1.2 billion in new shares. Nikola was among the first electric
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