EV Stocks are Plunging Except For Nikola

11:30am, Saturday, 07'th May 2022
Most EV stocks have been falling year to date. This week, the plunge was more evident.
Mark Russell, Nikola CEO, joins 'Closing Bell' to discuss the company's quarterly earnings results, offer insight into the company's autonomous truck ambitions and how production has fared amidst supp

Is Nikola Stock Finally Ready to Drive Higher?

03:00pm, Thursday, 05'th May 2022
The company is restoring credibility as it ships its first commercial electric semi trucks.
Nikola Corporation (NASDAQ:NKLA ) Q1 2022 Earnings Conference Call May 5, 2022 9:30 AM ET Company Participants Mark Russell - CEO Kim Brady - CFO Michael Lohscheller - President, Nikola Motor Division
Nikola Corp. posted its first-ever gross profit in Q1, a milestone for the electric truck maker that also recorded 134 heavily incentivized orders from fleets planning to operate in California. The st

Why Nikola Stock Popped After Earnings

11:35am, Thursday, 05'th May 2022
Nikola shipped its first commercially available battery electric trucks to dealers.
Shares of Nikola Corp. NKLA, +3.45% rallied 1.8% in premarket trading Thursday, after the electric vehicle company reported a narrower-than-expected first-quarter loss and revenue of nearly $2 million
Nikola Corp reported wider quarterly losses on Thursday, with the electric-truck maker incurring higher costs as it ramped up production of its electric semi trucks.
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.
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