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Remember Nikola's Answer To Tesla's Cybertruck? The Infamous Badger EV Pickup Is Making A Most Unexpected Comeback
Wednesday, February 21, 2024 - 6:52am | 834In a surprising turn of events, Nikola Corp‘s (NASDAQ:NKLA) Badger electric pickup, once a symbol of its tumultuous past, is set for a comeback. The resurrection is being spearheaded by a figure with close ties to the company’s controversial former CEO, Trevor Milton....
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Nikola Investors Don't Look Pleased With General Motors Partnership
Monday, November 30, 2020 - 10:25am | 310The long-anticipated conclusion to a September deal in the electric vehicle space was announced Monday. What Happened: Nikola Corporation (NASDAQ: NKLA) and General Motors Company (NYSE: GM) announced a supply agreement that will see General Motors provide Hydrotec fuel cell systems for...
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Nikola CEO Downplays Badger's Role, Says 'Always Focused' On Heavy Trucks, Hydrogen Infrastructure: FT
Friday, October 16, 2020 - 12:48am | 527Nikola Corporation (NASDAQ: NKLA) CEO Mark Russell took distance from the company’s electric pickup truck Badger in an interview with the Financial Times on Thursday. What Happened: Russell sought to diminish the role Badger plays in the company's business — a...
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The Daily Dash: Questions Grow About Nikola's Badger; Federal Parking Survey Nears Completion
Friday, October 2, 2020 - 1:55pm | 782The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, the future of Nikola's Badger electric pickup is up in the air, and it could have long-term ramifications for the company as a whole. Plus, President Donald Trump signs a one-year funding extension for...
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News Analysis: Evidence Mounts That Nikola Badger Is Roadkill
Thursday, October 1, 2020 - 3:05pm | 1303The much-hyped Nikola Badger electric pickup looks like an endangered species. It is absent from the electric truck startup's road map of milestones, and a delayed manufacturing deal with General Motors Company (NYSE: GM) points to its demise before a physical prototype is ever revealed. The...
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GM Deal With Nikola Delayed Beyond Anticipated Close
Tuesday, September 29, 2020 - 3:50pm | 786General Motors Co. (NYSE: GM) and embattled electric truck startup Nikola Corp. (NASDAQ: NKLA) will not close on a manufacturing partnership by Wednesday as the two companies predicted earlier this month. "Our transaction with Nikola has not closed," GM said in a statement provided to FreightWaves...
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What Investors Need To Know About The GM-Nikola Partnership
Tuesday, September 8, 2020 - 10:32am | 600Nikola Corporation (NASDAQ: NKLA) has announced its long-awaited partner for its upcoming Nikola Badger electric battery and hydrogen-powered pickup truck. What Happened: Nikola announced a partnership with General Motors Company (NYSE: GM) to help engineer and build the Nikola Badger. The deal...
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Electric Fuel Cell Vehicle Manufacturer Nikola's Offering Sends Stock Plunging
Sunday, July 19, 2020 - 2:54pm | 370Shares of Nikola Corporation (NASDAQ: NKLA) traded sharply lower Friday afternoon as the SEC released news of Nikola offering 23,890,000 common shares. The company's shares were already down almost 20% on the month before news of the offering hit. "This...
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Nikola's Breakout Charts Path For Other High-Tech Startups
Tuesday, June 9, 2020 - 11:03am | 870As shares in electric truck startup Nikola Corp. (NASDAQ: NKLA) surge, a banker who ran the book on the company's reverse merger said similarly structured public offerings in clean transportation are likely this year. Nikola went public on June 4 following a merger with VectoIQ, a "blank check"...