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Tag: Nikola’s shares


Industry Focus Areas, Motorized Vehicle

Nikola’s Plunging Stock Value Risks Nasdaq Delisting

May 25, 2023

Via: Transport Topics

Nikola Corp. tumbled May 25 after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange. Shares of the electric truck maker sank 20%, the most since November 2020. […]


Industry Focus Areas, Motorized Vehicle

Nikola founder Trevor Milton can sell his 91.6 million shares starting Tuesday as insider lockup period expires

December 1, 2020

Via: CNBC

Ousted Nikola founder and Chairman Trevor Milton is the company’s largest shareholder with more than a fourth of the start-up’s shares, and he can sell all of them beginning Tuesday. Milton, who disappeared from the public eye and deleted all […]


Industry Focus Areas, Motorized Vehicle

GM will build electric pickup for Nikola under partnership

September 8, 2020

Via: Automotive News

General Motors is taking an 11 percent stake in startup electric truckmaker Nikola Corp. under a partnership that calls for GM to engineer and assemble Nikola’s first vehicle, the companies said Tuesday. Under the agreement, which is expected to close […]