Nikola forecast third-quarter revenue of USD 18 million to USD 28 million, compared with estimates of USD 34.5 million, according to Visibl...

Nikola, which went public in 2020, produced 33 trucks during the second quarter, compared with 63 trucks in the preceding quarter.

The winning streak has come without any apparent news or catalyst for the companies, leading several analysts and traders to point to a pot...

Nikola has been trying to raise cash for operations by selling equity, like other electric vehicle (EV) firms, in a turbulent market, and o...

Hindenburg has flagged potential wrongdoing in at least 16 companies since 2017, according to its website. Last year, it took a short and t...

Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm which analyses equity, credit and derivatives...

Nikola Corp. violated the antifraud and disclosure control provisions of the federal securities laws, the Securities and Exchange Commissio...

The wild swings reflected bets by individuals, many of them new to the market, who looked to brokerage apps like Robinhood Markets to pass ...

The worsening stock rout also is a blow to GM, which agreed to take an 11% equity stake in Nikola earlier this month

Founded by Milton in 2015 to develop trucks and pick-ups powered by electric batteries or hydrogen fuel cells, Nikola has not yet built any...

The remarkable thing about some of these SPAC-backed companies is they’re going public before they’ve generated their first revenues. These...

The company has garnered its share of skeptics. In June, as the shares surged to almost $80, a frenzy of short sellers sent Nikola borrowin...

Milton’s big ambitions, Twitter sparring and choice of name for his company have drawn inevitable comparisons with Elon Musk, and both comp...

Nikola 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...

Six investors have positions in the truck maker totaling $8.3 billion after investing about $650 million combined, according to an analysis...

The executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014.

It’s forecasting zero revenue for 2020 and its first $1 billion year won’t be until 2023.