The autonomous vehicle industry, characterized by its high-tech allure, is currently navigating through turbulent waters. Investors initially flocked to this sector, enchanted by the futuristic vision

Why EV Stocks Plunged in June

11:26am, Wednesday, 03'rd Jul 2024
Fisker's bankruptcy was a warning that not all EV companies will survive. Companies that can't make money are getting even more scrutiny.
Embattled commercial vehicle manufacturer Nikola (NASDAQ: NKLA ) continues to march forward with its difficult recovery process. It provided stakeholders with a substantive piece of good news, deliver

Why Nikola Surged Over 25% at One Point Today

01:57pm, Tuesday, 02'nd Jul 2024
Nikola reported strong hydrogen-powered truck deliveries. Given the stock's high short interest, it rallied big on Tuesday.
Nikola said deliveries of its hydrogen-fuel cell trucks rose 80% in the second quarter from the previous three months, surpassing the startup's expectations and signaling strong demand for the big rig
PHOENIX , July 2, 2024 /PRNewswire/ -- For Q2 2024,  Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA
The Nikola (NASDAQ: NKLA) stock price continued its deep sell-off this week and moved to its all-time low as concerns about its business accelerated. It plunged to a low of $7.40 on Monday, bringing t

Better Hydrogen Stock: Plug Power vs. Nikola

04:20am, Sunday, 30'th Jun 2024
Plug Power has struggled to scale up its business over the past two decades. Nikola is still trying to ramp up its production of electric semitrailer trucks.
Nikola said it has delivered a hydrogen fuel cell powered electric semi-truck to Walmart Canada , making it the first major retailer in the country to add it to its fleet.

Why Nikola Stock Pared Big Early Gains Today

03:54pm, Wednesday, 26'th Jun 2024
Nikola enacted its 1-for-30 reverse split yesterday. The stock split doesn't change anything about the business, though.
The electric vehicle industry has been struggling, and it is easy to argue that most EV stocks are worth selling at this point. Rate cuts are unlikely to be fast enough, barring a recession, which wou
Beleaguered electric vehicle (EV) manufacturer Nikola (NASDAQ: NKLA ) found itself in the news for the wrong reasons. On June 20, the company announced that its board of directors unanimously approved
The latest trading day saw Nikola (NKLA) settling at $0.35, representing a -1.82% change from its previous close.
Some companies become penny stocks and list on the over-the-counter exchange for various reasons. Often, the market beats down such companies due to market forces, and that's certainly the case for th

Unfortunate News for Nikola Stock Investors

10:20am, Saturday, 22'nd Jun 2024
The alternative energy trucking company's stock price crashed by nearly 30% following this announcement.
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