Nikola CEO Mark Russell to Retire Jan. 1
Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.
Nikola Reports $18.1 Million Revenue
Nikola Corp. reported its first meaningful revenue and said it’s on track to deliver as many as 500 electric big rigs to customers this year.
Nikola Overcomes Founder’s Opposition to Approve New Shares
Nikola Corp. shareholders approved a measure to issue new shares to potentially raise capital, a move that founder and former chair Trevor Milton had opposed.
Nikola Buys Battery Maker Romeo Power
Nikola Corp. has agreed to acquire energy-storage technology company Romeo Power for about $144 million, the Phoenix-based electric vehicle maker announced Aug. 1.
Arizona Congressman Joins Nikola for EV Showcase at Capitol
WASHINGTON — Rep. Greg Stanton (D-Ariz.) joined Phoenix-based truck manufacturer Nikola Corp. to showcase two electric trucks near the U.S. Capitol Building.
Trevor Milton Indicted on New Fraud Charge
Nikola Corp. founder Trevor Milton, who is scheduled to go on trial next month on charges he misled investors about the company’s business prospects, was indicted for allegedly defrauding the previous owner of his Utah ranch, which Milton used as collateral for his bail.
Nikola Asks Shareholders to Approve Big Jump in Outstanding Shares
Truck maker Nikola Corp. is hoping to gain shareholder approval at its annual meeting for the company’s proposal to increase the number of shares outstanding and thus raise more money by selling equity.
Nikola Approved for Truck Voucher Incentive Program in New York
Truck maker Nikola Corp. announced that its Class 8 Nikola Tre battery-electric vehicle is eligible for the New York Truck Voucher Incentive Program.
June 9, 2022Nikola Reports Surprise Q1 Revenue
Electric truck startup Nikola said in its first-quarter earnings report on May 5 that it delivered its first semi-trucks to customers in April.
Nikola Sees Energy Transition in Arizona Desert
COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.