Nikola Q1 Loss Narrows; Cost of Truck Production Soars
Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.
Nikola Class 8 FCEV Truck Production Nudges Up to 43 in Q1
Nikola Corp. produced 43 and wholesaled 40 Class 8 hydrogen fuel cell electric vehicles in the first quarter of 2024, the truck maker said.
Nikola Appoints Ex-Eaton Finance Chief Thomas Okray as CFO
Class 8 truck maker Nikola Corp. appointed Thomas Okray as chief financial officer March 4, ending a three-month stint where CEO Steve Girsky wore both hats.
Nikola Q4 Loss Dives 30.8% as R&D Costs Fall
Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.
Nikola Rejects Board Nominees From Founder Milton
Nikola Corp. rejected a slate of nominees for its board of directors proposed by an entity it said was controlled by founder Trevor Milton, arguing none were fit for the role.
Nikola Advances Hydrogen Refueling Infrastructure Buildout
Nikola Corp. has taken steps forward in building refueling infrastructure for its Class 8 Tre hydrogen fuel cell electric tractors.
Nikola Founder Trevor Milton Sentenced to Four Years
Nikola Corp. founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric truck maker’s progress.
US Argues Trevor Milton Needs Long Prison Term as Deterrent
Nikola Corp. founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker, U.S. prosecutors said.
Nikola CEO Girsky’s Duties Expand as CFO Departs
Nikola Corp. CEO Steve Girsky’s workload is set to increase further Dec. 4 with the departure of the truck maker's chief financial officer.
Lawyers Argue Trevor Milton Shouldn’t Face Prison for Fraud
NEW YORK — Lawyers for Trevor Milton, the founder of truck maker Nikola Corp., say he should not face incarceration.