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Musk's Comments Put Tesla In Difficult Spot, Nikola CFO To Leave After Underwhelming Q3, Fisker's 'Material Weakness' Warning And More: Biggest EV Stories Of The Week
Saturday, November 18, 2023 - 10:39am | 1332Most electric vehicle stocks advanced in the week that ended on Nov. 18 amid the broader market recovery set in motion by a couple of benign inflation readings. Market leader Tesla, Inc. (NASDAQ:TSLA) led from the front with a weekly gain of over 10%, despite backlash from even the staunchest Tesla...
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Tesla Rival Nikola Recalls All Battery-Powered Electric Trucks In The Market After Scrutiny, Halts Sales
Saturday, August 12, 2023 - 4:46am | 595In response to a recent fire probe revealing the cause of fires, Elon Musk's Telsa Inc. (NASDAQ: TSLA) rival Nikola Corporation (NASDAQ:NKLA) has decided to halt sales and voluntarily recall 209 Class 8 battery-electric trucks. What Happened: Internal...
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Tesla China Sales Sag, Fisker Touts Cybertruck Killer, Nikola C-Suite Revolving Door And More: Biggest EV Stories Of The Week
Saturday, August 5, 2023 - 8:50am | 1293Electric vehicle stocks had a mixed outing in the week that ended on Aug. 4, with the broader market volatility and company-specific catalysts dictating sentiment. Market leader Tesla, Inc. (NASDAQ:TSLA) ended the week lower as it retreated alongside its tech peers amid macro concerns. Here are the...
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Nikola CEO Lohscheller Abruptly Steps Down As Girsky Takes Over Ahead Of Q2 Results
Friday, August 4, 2023 - 8:12am | 482Beleaguered electric truck maker Nikola Corporation (NASDAQ:NKLA) on Friday said that President and CEO Michael Lohscheller would be immediately stepping down from his roles, making way for Chairman Stephen Girsky to take the reins. The sudden management shuffle comes...
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Gut Punch: Analysts React To Trevor Milton's Departure From Nikola
Monday, September 21, 2020 - 10:20am | 579What Happened: Nikola Corporation (NASDAQ: NKLA) Founder Trevor Milton stepped down as the company's chairman and board member early Monday morning. The electric truck manufacturer's stock has been under pressure for several weeks following a short seller report from Hindenburg Research....