Nikola stock price forecast: could it file for bankruptcy by March 31?
The Nikola stock price has collapsed to a record low, transforming a company that was once worth $26 billion in 2020 to just $74 million. NKLA has imploded as risks of bankruptcy rise during the Donald Trump Administration.
Shares of cash-strapped Nikola nosedive on report of potential sale
Shares of Nikola closed Thursday down 27.8% after a report that the embattled electric truck maker is exploring options to sell parts or all of the business. Bloomberg News reported the potential sale Thursday afternoon and noted other possibilities under consideration include bringing on partners and raising new funds.
EV maker Nikola exploring options including potential sale, Bloomberg News reports
EV maker Nikola is exploring options including selling parts of its business or the entire company as it struggles with a cash crunch, Bloomberg News reported on Thursday.
Hindenburg Research: Corporate whistle-blower and short seller shuts up shop
Hindenburg Research, the short-selling firm known for uncovering corporate fraud, is shutting down. Founder Nate Anderson announced the decision, stating the firm had completed its final investigations, including cases recently submitted to regulators.
Prediction: This EV Stock Will Be the Best Performer in 2025
Remember when electric vehicles (EVs) were supposed to be the next big thing? Major automakers and tech companies invested billions of dollars in the technology.
Troubled electric truckmaker Nikola offers up to $100 million in common stock
Nikola Corp., a producer of battery and hydrogen-electric trucks, has taken several steps to repay its debts and raise equity, including offering up to $100 million in a common stock sale.
2 No-Brainer Hydrogen Stocks to Buy With $200 Right Now
Plug Power and Nikola could be good longshot plays in this nascent market.
Nikola stock analysis: is NKLA a buy after plunging to a record low?
Nikola (NKLA) stock price has imploded as the company continues to face commercialization and balance sheet concerns. It has crashed by 87% this year and is trading at its lowest level on record, giving it a market cap of over $200 million.
Huge News for Nikola Stock Investors
The trucking company is making progress in developing its innovative alternative fuel trucks.
Nikola: Running Out Of Funds And Financing Options - Strong Sell
On Thursday, zero-emission transportation start-up Nikola Corporation ("Nikola") reported another set of uninspiring quarterly results. The company continues to burn substantial amounts of cash. During the quarter, cash usage increased by 10% sequentially to $162.9 million. Management warned of funds running out in Q1/2025 - as a result, investors will likely have to prepare for additional, near-term dilution.
Nikola Corporation (NKLA) Q3 2024 Earnings Call Transcript
Nikola Corporation (NASDAQ:NKLA ) Q3 2024 Results Conference Call October 31, 2024 10:30 AM ET Company Participants Soei Shin - Head of Investor Relations Steve Girsky - President and CEO Tom Okray - CFO Conference Call Participants Mike Shlisky - D. A. Davidson Ben Kallo - Baird Soei Shin Welcome to Nikola Corporation's third quarter 2024 earnings and business update call.
Why Nikola Stock Crashed Today
Nikola is meeting near-term goals, but the bottom line is the problem.
