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NIKOLA SHAREHOLDERS
Tesla shares jump 8% in early trade after Elon Musk’s $1 billion worth stock buyTesla shares surged nearly 8% on Monday after CEO Elon Musk's $1 billion open market share purchase on Friday, his first since February 202...- Elon Musk buys $1 billion worth of Tesla shares from open marketElon Musk, Tesla's CEO, recently bought company shares worth $1 billion. This purchase occurred on Friday across multiple transactions. It ...
- US president Donald Trump pardons fraud-convict Nikola founder Trevor MiltonTrevor Milton, the ex-founder of Nikola Corp, who was convicted of fraud for deceiving investors about the electric truck firm’s capabiliti...
- Electric truck company Nikola files for Chapter 11 bankruptcy protection — Calls it ‘best possible path forward’In a press release, Nikola stated that it intends to continue providing limited (non-dealer) service and support operations for its trucks ...
- Hindenburg Research to shut shop: 7 giants that the US short-seller disrupted in 7 yearsHindenburg Research, founded in 2017, is shutting down after completing its investigations. Known for exposing corporate fraud, the firm ta...
- EV startup founders made big claims, now one could go to prisonA federal judge in Manhattan will sentence Trevor Milton, founder and former CEO of the truck company Nikola, after a jury found him guilty...
- Nikola shares plummet 26% as electric truck maker names 4th CEO in 4 yearsNikola forecast third-quarter revenue of USD 18 million to USD 28 million, compared with estimates of USD 34.5 million, according to Visibl...
- EV startup Nikola reports jump in second-quarter deliveries, shares riseNikola, which went public in 2020, produced 33 trucks during the second quarter, compared with 63 trucks in the preceding quarter.
- Adani Group draws regulatory scrutiny in the US after short seller reportThe US Attorney's Office in Brooklyn and the Securities and Exchange Commission are both investigating Adani Group, one of India’s largest ...
- Electric-truck maker Nikola laying off 270 employeesNikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks to cut costs and sharpen its focus on th...
- Faraday Future plans reverse stock split and delays EV deliveriesFaraday Future Intelligent Electric plans to execute a reverse stock split to comply with Nasdaq's minimum bid-price requirements, as the e...
- Electric truck maker Nikola plunges 5% on receiving delisting noticeNikola has been trying to raise cash for operations by selling equity, like other electric vehicle (EV) firms, in a turbulent market, and o...
- US electric vehicle startups set for another quarter of steep cash burnHaving gone public with hopes of shaking up the automobile industry, these companies have seen their market valuations evaporate in the pas...
- How Adani selloff stacks up against the biggest stock collapsesThe short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend...
- Adani issues 413-page response, calls Hindenburg allegations attack on India"This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality...
- ETtech Morning Dispatch on 15 Jan. 2021: Top Tech News to Start Your DayFrom Google’s crackdown on loan apps at the behest of RBI to a YouTube mafia in BITS Pilani, here’s a look at the top tech news to start yo...
- The quest to replicate Tesla’s success keeps EV mania aliveFor startups aiming to mimic Musk’s success and for traditional carmakers struggling to disrupt themselves, most lingering doubts about fut...
- No revenue is no problem in the 2020 stock marketThe remarkable thing about some of these SPAC-backed companies is they’re going public before they’ve generated their first revenues. These...
- Nikola founder channels Elon Musk in lashing out at naysayer tweetsMilton’s big ambitions, Twitter sparring and choice of name for his company have drawn inevitable comparisons with Elon Musk, and both comp...
- Nikola founder exaggerated the capability of his debut truckNikola expects to have its first $1 billion year of revenue in 2023. The truck factory plans to build south of Phoenix is projected to reac...
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