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Nikola is expected to report its third-quarter earnings result on November 2, amid a push by the management to make the company profitable. Nikola Corp (NASDAQ: NKLA), an American-based manufacturer of heavy-duty electric vehicles, is now prepared to face a brighter future after a New York arbitration panel ordered former Chief
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Like many other automakers, Nikola has been struggling to stay afloat in the sinking water of macroeconomic constraints. America’s leading manufacturer of wavy-duty commercial battery-electric vehicles Nikola Corporation (NASDAQ: NKLA), is planning to generate $100 million by offering shares of its common stock. The company announced on March 30 that it had started
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EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures. Three electric vehicle (EV) startups that went public via special purpose acquisition companies (SPAC) recently fell short of their projected 2022 goals. According to reports, EV companies Lucid Group Inc (NASDAQ:
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Over the past year, NKLA has climbed 25.64% and nearly 46% since the beginning of 2020. However, Nikola has lost 28.94% in the last three months.Nikola Corporation (NASDAQ: NKLA) stock plunged 10% in reaction to the news that the vehicle maker has terminated its contract with Republic Services (NYSE: RSG).
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Nikola shares have been on a rollercoaster in the past few months. In early September, the company registered a spike after it announced the GM partnership. However, shortly after, Hindenburg Research published a report that claimed Nikola had deceived investors to bump up its price. The short seller pointed to
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A wave of scandals has hit Nikola this month.GM is the latest Nikola partner to delay closing a deal.Nikola shares are down over 80% from their June record high.In the good old days when the most controversial thing about Nikola was the lack of revenues, the energy vehicle startup touted
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Nikola’s stock has tumbled following a series of allegations by a short-seller.The company’s founder resigned from his executive chairman’s position just days ago.The value of GM’s promised stake in the new energy automaker has now halved.General Motors has until September 30th to change its mind regarding the partnership deal it
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After about of week of trading, Nikola stock has become a favorite among millennials. The stock has soared in the past week, even doubling in value at one point. Analysts expect the stock to come crashing down based strictly on fundamentals. The baffling stock market rally has seen an odd basket of stocks
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