image
Industrials - Agricultural - Machinery - NASDAQ - US
$ 0.183
0 %
$ 15.5 M
Market Cap
-0.01
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one NKLA stock under the worst case scenario is HIDDEN Compared to the current market price of 0.183 USD, Nikola Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one NKLA stock under the base case scenario is HIDDEN Compared to the current market price of 0.183 USD, Nikola Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one NKLA stock under the best case scenario is HIDDEN Compared to the current market price of 0.183 USD, Nikola Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
35.8 M REVENUE
-29.49%
-650 M OPERATING INCOME
13.20%
-865 M NET INCOME
-10.25%
-496 M OPERATING CASH FLOW
13.96%
-66.7 M INVESTING CASH FLOW
69.83%
743 M FINANCING CASH FLOW
24.10%
25.2 M REVENUE
-19.60%
-179 M OPERATING INCOME
-38.65%
-200 M NET INCOME
-49.45%
-149 M OPERATING CASH FLOW
-11.06%
-13.6 M INVESTING CASH FLOW
1.21%
98.1 M FINANCING CASH FLOW
86.47%
Balance Sheet Nikola Corporation
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Current Assets 572 M
Cash & Short-Term Investments 466 M
Receivables 27.2 M
Other Current Assets 78.9 M
Non-Current Assets 702 M
Long-Term Investments 57.1 M
PP&E 503 M
Other Non-Current Assets 142 M
Current Liabilities 260 M
Accounts Payable 44.1 M
Short-Term Debt 10.8 M
Other Current Liabilities 205 M
Non-Current Liabilities 296 M
Long-Term Debt 274 M
Other Non-Current Liabilities 21.5 M
EFFICIENCY
Earnings Waterfall Nikola Corporation
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Revenue 35.8 M
Cost Of Revenue 250 M
Gross Profit -214 M
Operating Expenses 436 M
Operating Income -650 M
Other Expenses 215 M
Net Income -865 M
RATIOS
-597.30% GROSS MARGIN
-597.30%
-1813.19% OPERATING MARGIN
-1813.19%
-2696.17% NET MARGIN
-2696.17%
-134.36% ROE
-134.36%
-75.80% ROA
-75.80%
-63.36% ROIC
-63.36%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Nikola Corporation
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Net Income -865 M
Depreciation & Amortization 35.9 M
Capital Expenditures -121 M
Stock-Based Compensation 75.4 M
Change in Working Capital -50 M
Others 187 M
Free Cash Flow -617 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Nikola Corporation
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Wall Street analysts predict an average 1-year price target for NKLA of $7 , with forecasts ranging from a low of $1 to a high of $14 .
NKLA Lowest Price Target Wall Street Target
1 USD 446.45%
NKLA Average Price Target Wall Street Target
7 USD 3725.14%
NKLA Highest Price Target Wall Street Target
14 USD 7550.27%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Nikola Corporation
image
Sold
0-3 MONTHS
918 USD 1
3-6 MONTHS
15.2 K USD 3
6-9 MONTHS
80.5 K USD 2
9-12 MONTHS
146 K USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
540 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Dec 04, 2024
Sell 918 USD
Hoefelmann Dirk Ole
President, Energy
- 546
1.6821 USD
5 months ago
Sep 04, 2024
Sell 8.62 K USD
Okray Thomas B
Chief Financial Officer
- 1396
6.1766 USD
5 months ago
Sep 04, 2024
Sell 2.17 K USD
Hoefelmann Dirk Ole
President, Energy
- 352
6.1766 USD
5 months ago
Sep 04, 2024
Sell 4.43 K USD
Chan Mary S
Chief Operating Officer
- 717
6.1766 USD
6 months ago
Aug 06, 2024
Sell 35.9 K USD
Girsky Stephen J
Chief Executive Officer
- 4636
7.7456 USD
6 months ago
Aug 06, 2024
Sell 35.9 K USD
Girsky Stephen J
Chief Executive Officer
- 4636
7.7456 USD
8 months ago
Jun 04, 2024
Sell 8.71 K USD
Hoefelmann Dirk Ole
President, Energy
- 17030
0.5114 USD
9 months ago
May 20, 2024
Bought 540 K USD
Girsky Stephen J
Chief Executive Officer
+ 1000000
0.54 USD
11 months ago
Mar 05, 2024
Sell 51.2 K USD
Pike Joseph R.
Chief Human Resources Officer
- 75162
0.6806 USD
11 months ago
Mar 05, 2024
Sell 16.8 K USD
Chan Mary S
Chief Operating Officer
- 24627
0.6806 USD
11 months ago
Mar 05, 2024
Sell 3.47 K USD
Hoefelmann Dirk Ole
President, Energy
- 5100
0.6806 USD
11 months ago
Mar 05, 2024
Sell 74.9 K USD
Worthen Britton M.
Chief Legal Officer
- 109980
0.6806 USD
1 year ago
Sep 06, 2023
Sell 7.52 K USD
Pasterick Anastasiya
Chief Financial Officer
- 6709
1.1211 USD
1 year ago
Aug 10, 2023
Sell 7.28 K USD
Mendes Carey
President, Energy
- 3717
1.958 USD
1 year ago
Aug 10, 2023
Sell 158 K USD
Pike Joseph R.
Chief Human Resources Officer
- 80937
1.958 USD
1 year ago
Aug 10, 2023
Sell 238 K USD
Worthen Britton M.
Chief Legal Officer
- 121404
1.958 USD
1 year ago
Aug 10, 2023
Sell 135 K USD
Lohscheller Michael
Director
- 68985
1.958 USD
1 year ago
Aug 10, 2023
Sell 30.8 K USD
Pasterick Anastasiya
Chief Financial Officer
- 15726
1.958 USD
1 year ago
May 11, 2023
Sell 59.5 K USD
RUSSELL MARK A
Director
- 75000
0.7934 USD
1 year ago
May 12, 2023
Sell 9.05 K USD
RUSSELL MARK A
Director
- 11600
0.78 USD
1 year ago
May 12, 2023
Sell 130 K USD
RUSSELL MARK A
Director
- 165660
0.7826 USD
1 year ago
May 12, 2023
Sell 58.2 K USD
RUSSELL MARK A
Director
- 75000
0.7759 USD
1 year ago
Mar 06, 2023
Sell 2.73 K USD
Mendes Carey
President, Energy
- 1291
2.112 USD
1 year ago
Mar 06, 2023
Sell 58.8 K USD
Lohscheller Michael
Chief Executive Officer
- 27863
2.112 USD
2 years ago
Dec 30, 2022
Sell 3.31 K USD
RUSSELL MARK A
Director
- 1500
2.206 USD
2 years ago
Dec 30, 2022
Sell 163 K USD
RUSSELL MARK A
Director
- 73500
2.212 USD
2 years ago
Dec 28, 2022
Sell 3.47 K USD
RUSSELL MARK A
Director
- 1500
2.311 USD
2 years ago
Dec 28, 2022
Sell 170 K USD
RUSSELL MARK A
Director
- 73500
2.308 USD
2 years ago
Dec 23, 2022
Sell 3.86 K USD
RUSSELL MARK A
Director
- 1500
2.571 USD
2 years ago
Dec 23, 2022
Sell 189 K USD
RUSSELL MARK A
Director
- 73500
2.572 USD
2 years ago
Dec 21, 2022
Sell 3.59 K USD
RUSSELL MARK A
Director
- 1500
2.3915 USD
2 years ago
Dec 21, 2022
Sell 176 K USD
RUSSELL MARK A
Director
- 73500
2.3927 USD
2 years ago
Dec 19, 2022
Sell 3.43 K USD
RUSSELL MARK A
Director
- 1500
2.284 USD
2 years ago
Dec 19, 2022
Sell 168 K USD
RUSSELL MARK A
Director
- 73500
2.286 USD
2 years ago
Dec 15, 2022
Sell 3.16 K USD
RUSSELL MARK A
Director
- 1500
2.109 USD
2 years ago
Dec 15, 2022
Sell 155 K USD
RUSSELL MARK A
Director
- 73500
2.113 USD
2 years ago
Dec 13, 2022
Sell 3.25 K USD
RUSSELL MARK A
Director
- 1500
2.165 USD
2 years ago
Dec 13, 2022
Sell 159 K USD
RUSSELL MARK A
Director
- 73500
2.165 USD
2 years ago
Dec 13, 2022
Sell 1.82 M USD
RUSSELL MARK A
Director
- 852429
2.133 USD
2 years ago
Dec 09, 2022
Sell 3.54 K USD
RUSSELL MARK A
Director
- 1500
2.36 USD
2 years ago
Dec 09, 2022
Sell 173 K USD
RUSSELL MARK A
Director
- 73500
2.358 USD
2 years ago
Dec 06, 2022
Sell 10.6 K USD
Mendes Carey
President, Energy
- 4176
2.5366 USD
2 years ago
Dec 07, 2022
Sell 3.62 K USD
RUSSELL MARK A
Director
- 1500
2.413 USD
2 years ago
Dec 07, 2022
Sell 178 K USD
RUSSELL MARK A
Director
- 73500
2.416 USD
2 years ago
Dec 05, 2022
Sell 4.08 K USD
RUSSELL MARK A
Director
- 1500
2.72 USD
2 years ago
Dec 05, 2022
Sell 200 K USD
RUSSELL MARK A
Director
- 73500
2.715 USD
2 years ago
Dec 01, 2022
Sell 3.86 K USD
RUSSELL MARK A
Director
- 1500
2.574 USD
2 years ago
Dec 01, 2022
Sell 189 K USD
RUSSELL MARK A
Director
- 73500
2.573 USD
2 years ago
Nov 29, 2022
Sell 3.52 K USD
RUSSELL MARK A
Director
- 1500
2.346 USD
2 years ago
Nov 29, 2022
Sell 173 K USD
RUSSELL MARK A
Director
- 73500
2.347 USD
2 years ago
Nov 25, 2022
Sell 3.58 K USD
RUSSELL MARK A
Director
- 1500
2.39 USD
2 years ago
Nov 25, 2022
Sell 176 K USD
RUSSELL MARK A
Director
- 73500
2.39 USD
2 years ago
Nov 22, 2022
Sell 3.51 K USD
RUSSELL MARK A
Director
- 1500
2.3428 USD
2 years ago
Nov 22, 2022
Sell 172 K USD
RUSSELL MARK A
Director
- 73500
2.341 USD
2 years ago
Nov 21, 2022
Sell 3.85 K USD
RUSSELL MARK A
Director
- 1500
2.566 USD
2 years ago
Nov 21, 2022
Sell 189 K USD
RUSSELL MARK A
Director
- 73500
2.567 USD
2 years ago
Nov 17, 2022
Sell 4.31 K USD
RUSSELL MARK A
Director
- 1500
2.875 USD
2 years ago
Nov 17, 2022
Sell 211 K USD
RUSSELL MARK A
Director
- 73500
2.874 USD
2 years ago
Nov 15, 2022
Sell 4.58 K USD
RUSSELL MARK A
Director
- 1500
3.052 USD
2 years ago
Nov 15, 2022
Sell 224 K USD
RUSSELL MARK A
Director
- 73500
3.046 USD
2 years ago
Nov 11, 2022
Sell 4.3 K USD
RUSSELL MARK A
Director
- 1500
2.864 USD
2 years ago
Nov 11, 2022
Sell 211 K USD
RUSSELL MARK A
Director
- 73500
2.864 USD
2 years ago
Nov 09, 2022
Sell 3.92 K USD
RUSSELL MARK A
Director
- 1500
2.616 USD
2 years ago
Nov 09, 2022
Sell 192 K USD
RUSSELL MARK A
Director
- 73500
2.613 USD
2 years ago
Nov 07, 2022
Sell 4.29 K USD
RUSSELL MARK A
Director
- 1500
2.86 USD
2 years ago
Nov 07, 2022
Sell 210 K USD
RUSSELL MARK A
Director
- 73500
2.862 USD
2 years ago
Nov 03, 2022
Sell 4.74 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.16 USD
2 years ago
Nov 03, 2022
Sell 232 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.153 USD
2 years ago
Nov 01, 2022
Sell 5.3 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.534 USD
2 years ago
Nov 01, 2022
Sell 260 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.531 USD
2 years ago
Oct 28, 2022
Sell 4.7 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.136 USD
2 years ago
Oct 28, 2022
Sell 230 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.135 USD
2 years ago
Oct 26, 2022
Sell 4.72 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.149 USD
2 years ago
Oct 26, 2022
Sell 232 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.152 USD
2 years ago
Oct 24, 2022
Sell 4.35 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
2.898 USD
2 years ago
Oct 24, 2022
Sell 213 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
2.896 USD
2 years ago
Oct 20, 2022
Sell 4.36 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
2.905 USD
2 years ago
Oct 20, 2022
Sell 214 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
2.908 USD
2 years ago
Oct 18, 2022
Sell 4.6 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.065 USD
2 years ago
Oct 18, 2022
Sell 225 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.063 USD
2 years ago
Oct 14, 2022
Sell 4.48 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
2.985 USD
2 years ago
Oct 14, 2022
Sell 220 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
2.992 USD
2 years ago
Oct 12, 2022
Sell 4.42 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
2.95 USD
2 years ago
Oct 12, 2022
Sell 217 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
2.953 USD
2 years ago
Oct 10, 2022
Sell 4.51 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.008 USD
2 years ago
Oct 10, 2022
Sell 221 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.007 USD
2 years ago
Oct 05, 2022
Sell 5.52 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.681 USD
2 years ago
Oct 05, 2022
Sell 270 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.679 USD
2 years ago
Oct 03, 2022
Sell 5.28 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.517 USD
2 years ago
Oct 03, 2022
Sell 260 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.532 USD
2 years ago
Sep 28, 2022
Sell 5.46 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.643 USD
2 years ago
Sep 26, 2022
Sell 5.9 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.934 USD
2 years ago
Sep 27, 2022
Sell 5.85 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.9 USD
2 years ago
Sep 26, 2022
Sell 289 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.934 USD
2 years ago
Sep 27, 2022
Sell 286 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.897 USD
2 years ago
Sep 22, 2022
Sell 6.15 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
4.1 USD
2 years ago
Sep 23, 2022
Sell 5.86 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
3.904 USD
2 years ago
Sep 23, 2022
Sell 287 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
3.905 USD
2 years ago
Sep 22, 2022
Sell 302 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
4.11 USD
2 years ago
Sep 21, 2022
Sell 6.49 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
4.324 USD
2 years ago
Sep 21, 2022
Sell 318 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
4.325 USD
2 years ago
Sep 19, 2022
Sell 1.72 K USD
RUSSELL MARK A
Chief Executive Officer
- 342
5.038 USD
2 years ago
Sep 19, 2022
Sell 7.25 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
4.836 USD
2 years ago
Sep 19, 2022
Sell 79.5 K USD
RUSSELL MARK A
Chief Executive Officer
- 15772
5.04 USD
2 years ago
Sep 20, 2022
Sell 6.86 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
4.572 USD
2 years ago
Sep 20, 2022
Sell 336 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
4.571 USD
2 years ago
Sep 19, 2022
Sell 355 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
4.828 USD
2 years ago
Sep 15, 2022
Sell 7.94 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
5.293 USD
2 years ago
Sep 16, 2022
Sell 7.7 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
5.131 USD
2 years ago
Sep 16, 2022
Sell 7.69 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
5.128 USD
2 years ago
Sep 15, 2022
Sell 7.94 K USD
RUSSELL MARK A
Chief Executive Officer
- 1500
5.292 USD
2 years ago
Sep 15, 2022
Sell 389 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
5.287 USD
2 years ago
Sep 16, 2022
Sell 377 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
5.13 USD
2 years ago
Sep 15, 2022
Sell 389 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
5.288 USD
2 years ago
Sep 16, 2022
Sell 377 K USD
RUSSELL MARK A
Chief Executive Officer
- 73500
5.129 USD
2 years ago
Sep 07, 2022
Sell 5.7 K USD
Mendes Carey
President, Energy
- 1120
5.086 USD
2 years ago
Sep 07, 2022
Sell 102 K USD
Lohscheller Michael
President, Nikola Corporation
- 19973
5.086 USD
2 years ago
Aug 24, 2022
Bought 17.4 M USD
M&M Residual, LLC
director:
+ 3000000
5.8 USD
3 years ago
Jan 18, 2022
Sell 500 K USD
Koziner Pablo M.
President, Energy & Commercial
- 50579
9.892 USD
3 years ago
Dec 06, 2021
Sell 93.2 K USD
Koziner Pablo M.
President, Energy & Commercial
- 10054
9.271 USD
3 years ago
Sep 07, 2021
Sell 90.4 K USD
Koziner Pablo M.
President, Energy & Commercial
- 8511
10.626 USD
3 years ago
Jun 11, 2021
Sell 288 K USD
Koziner Pablo M.
President, Energy & Commercial
- 16990
16.93 USD
4 years ago
Aug 11, 2020
Sell 59.8 M USD
UBBEN JEFFREY W
Director
- 1400000
42.69 USD
4 years ago
Jun 03, 2020
Bought 50 M USD
UBBEN JEFFREY W
Director
+ 5000000
10 USD
6 years ago
Oct 02, 2018
Bought 165 M USD
Girsky Stephen J
President and CEO
+ 11449
14453.51 USD
6 years ago
Oct 02, 2018
Bought 16.6 K USD
Girsky Stephen J
President and CEO
+ 1441
11.5 USD
6 years ago
Oct 02, 2018
Bought 165 M USD
Chan Mary S
Chief Operating Officer
+ 11448
14453.51 USD
6 years ago
Oct 02, 2018
Bought 16.6 K USD
Chan Mary S
Chief Operating Officer
+ 1441
11.5 USD
6 years ago
Oct 02, 2018
Bought 165 M USD
SHINDLER STEVEN M
Secretary and CFO
+ 11448
14453.51 USD
6 years ago
Oct 02, 2018
Bought 16.6 K USD
SHINDLER STEVEN M
Secretary and CFO
+ 1441
11.5 USD
6 years ago
May 29, 2018
Bought 575 K USD
Girsky Stephen J
President and CEO
+ 57541
10 USD
6 years ago
May 29, 2018
Bought 662 K USD
Girsky Stephen J
President and CEO
+ 57541
11.5 USD
6 years ago
May 18, 2018
Bought 4.68 M USD
Girsky Stephen J
President and CEO
+ 468368
10 USD
6 years ago
May 18, 2018
Bought 5.39 M USD
Girsky Stephen J
President and CEO
+ 468368
11.5 USD
7. News
Bankrupt Nikola wants to sell its whole business by April Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the company told a judge Thursday during the first hearing of its bankruptcy case in Delaware. techcrunch.com - 1 week ago
EV Startup Nikola's stock plummets 38% after bankruptcy filing Nikola Corporation (Nasdaq: NKLA), a once-promising electric vehicle startup, filed for Chapter 11 bankruptcy protection Wednesday after failing to secure a buyer or raise additional funds to sustain operations. The Phoenix-based company, known for its hydrogen and battery-electric trucks, announced that it will pursue a structured sale of its assets under Section 363 of the U.S. Bankruptcy Code. fastcompany.com - 1 week ago
EV Truck Startup Nikola Files for Chapter 11 Bankruptcy Electric vehicle startup Nikola (NKLA) filed for Chapter 11 bankruptcy and plans to move forward with an auction of its assets, pending court approval, the company said Wednesday. investopedia.com - 1 week ago
Nikola stock tumbles following bankruptcy announcement Nikola Corp (NASDAQ:NKLA) stock plummeted after the heavy-duty electric vehicle manufacturer revealed it has filed for Chapter 11 bankruptcy.  The Phoenix, Arizona-based company said it has initiated an auction and sale process for its assets, with potential buyers including both strategic and financial investors. proactiveinvestors.com - 1 week ago
Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy On Wednesday, the electric vehicle maker -- which paid $125 million to settle claims it misled investors -- said it is seeking an auction and sale process of its assets. nypost.com - 1 week ago
Here's why Nikola stock just crashed 46% After years of decline, the heavy-duty electric vehicle (EV) maker Nikola (NASDAQ: NKLA) found itself on a major rollercoaster ride in mid-February 2025. finbold.com - 1 week ago
Troubled electric truck maker Nikola files for bankruptcy Hydrogen electric trucking startup Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after it failed to find a buyer or secure additional funds to maintain operations. techcrunch.com - 1 week ago
EV maker Nikola files for Chapter 11 bankruptcy protection EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges. foxbusiness.com - 1 week ago
Another EV maker goes bust, as Nikola files for bankruptcy Nikola to pursue an auction and sale of its assets, and will continue “limited operations” during the sale process. marketwatch.com - 1 week ago
Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business. nytimes.com - 1 week ago
EV maker Nikola files for bankruptcy protection Electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection, it said Wednesday. Company executives said in October that the EV maker only had enough cash to operate until Q1 2025. businessinsider.com - 1 week ago
Embattled EV maker Nikola files for Chapter 11 bankruptcy protection Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations. The filing marks the finale of the company's yearslong fall from grace. cnbc.com - 1 week ago
8. Profile Summary

Nikola Corporation NKLA

image
COUNTRY US
INDUSTRY Agricultural - Machinery
MARKET CAP $ 15.5 M
Dividend Yield 0.00%
Description Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.
Contact 4141 East Broadway Road, Phoenix, AZ, 85040 https://www.nikolamotor.com
IPO Date June 11, 2018
Employees 870
Officers Mr. Britton M. Worthen Esq. Chief Legal Officer & Secretary Mr. Thomas Schmitt Chief Commercial Officer Mr. Joseph R. Pike Chief Human Resources Officer Umran Ashraf Global Head of Vehicle Engineering Mr. Thomas B. Okray Chief Financial Officer Mr. Ryan McGeachie President of Energy Mr. Dirk Ole Hoefelmann President of Energy Ms. Mary Shio Chan M.Sc. Chief Operating Officer Mr. Stephen J. Girsky President, Chief Executive Officer, Principal Financial & Accounting Officer and Director Ms. Soei Shin Head of Investor Relations