Nikolas latest bid to issue more shares and secure the funds needed to advance its Class 8 hydrogen fuel cell truck ambitions failed, it said July 6.
July 10, 2023Nikola News Updates
Nikolas Latest Bid to Secure Funds to Advance FCEV Fails
Q2 Deliveries Reflect Surge in Momentum, Nikola Says
Nikola Corp. delivered 45 battery-electric trucks wholesale and 66 trucks retail in the second quarter, the company announced July 5.
July 5, 2023EV Startups Confronting Setbacks
Truck manufacturer Nikola Corp. and delivery-van maker Arrival added to a series of misfortunes for electric vehicle startups struggling to make it to mass production.
July 5, 2023Nikola Suspects Foul Play in Fire at Phoenix Headquarters
Nikola Corp. suspects foul play after an early-morning fire broke out at its Phoenix headquarters that affected several of its electric big rigs.
June 23, 2023Nikola Cuts 270 Jobs to Slash Costs
Nikola Corp. will cut 270 jobs, including 120 in the United States, as the beleaguered truck maker seeks to slash cash outflows, the Phoenix-based company said.
June 20, 2023Nikola Short Sellers Take a Hit on EV Makers Recent Rally
Nikola Corp. shares have nearly doubled this week in a rally thats eating into paper profits for traders betting against the EV maker and setting them up for a short squeeze.
June 16, 2023Nikola Needs New Leadership, Says Trevor Milton
Nikola Corp. founder Trevor Milton called for leadership change at the electric truck maker and urged shareholders to vote against upcoming company-backed proposals.
June 15, 2023Nikola Adjourns Annual Meeting, Seeks More Votes on Shares
Nikolas bid to issue more shares and obtain enough funding needed for its Class 8 hydrogen fuel cell truck ambitions is on hold for another month, it said June 7.
June 8, 2023PGT Trucking Delivers Nucor Steel Using Nikola Truck
PGT Trucking announced it had delivered its inaugural shipment of low-greenhouse-gas steel, produced by steel manufacturer Nucor, using a Nikola Class 8 zero-emission vehicle.
May 30, 2023Nikolas Plunging Stock Value Risks Nasdaq Delisting
Nikola Corp. tumbled May 25 after Nasdaq Inc. notified the company that it isnt in compliance with the minimum bid requirements to remain listed on the exchange.
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