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Tesla tanks 13% after earnings, dragging other EV stocks lower

Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…

Filip De Mott   


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GM dismissed Tesla in 2009 as a 'bunch of engineers playing with laptop batteries,' Nikola's CEO says

Nikola CEO Steve Girsky asked about Tesla when he joined General Motors' board in 2009, and was tol…

Theron Mohamed   


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Nikola founder Trevor Milton plans to remain the automaker's largest shareholder despite being free to sell stock, report says

Milton stepped down from his role as chairman in September, but his 33% stake in Nikola is the larg…

Shalini Nagarajan   


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Nikola plummets 13% after short-seller report alleges years of deception and false statements by CEO

Hindenburg said it suspected that Tesla's relentless rally "pressured" General Motors to partner wi…

Matthew Fox   


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Nikola slides another 7% after Justice Department joins SEC in fraud probe

The Wall Street Journal reported Wednesday the US Justice Department joined the SEC in investigatin…

Saloni Sardana   


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Tesla competitor Nikola sinks 17% after debut earnings report misses forecasts and analyst call turns contentious

"Is this all we get?" Paul Coster of JPMorgan asked. Jeff Osborne, an analyst at Cowen, said Nikola…

Ben Winck   


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Nikola jumps 15% on report that GM could take a bigger stake

Talks between Nikola and GM continue, and a deal won't be finalized by Wednesday, the expected clos…

Matthew Fox   


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Lordstown Motors falls 12% after EV company reveals SEC is reviewing accusations from short-seller

The EV start-up tumbled after revealing it received "requests for information" from the SEC regardi…

Emily Graffeo   


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Nikola dives 30% after founder Trevor Milton steps down as executive chairman

Nikola has traded with massive volatility in recent weeks since Hindenburg Research accused the aut…

Ben Winck   


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US EV companies rally after Biden announces electric fleet plans for the federal government

The federal fleet comprises some 645,000 vehicles, which cost taxpayers $387 million in fuel costs …

Will Daniel   


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This tiny electric vehicle manufacturer has surged 521% in June as hype builds around Tesla competitor Nikola Motor

Workhorse retains a 10% equity stake in Lordstown Motors and is set to receive a royalty fee for ev…

Matthew Fox   


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The short-seller who exposed fraud at Nikola is now targeting a conglomerate owned by the 4th richest person in the world

Following the release of Hindenburg's report early Wednesday morning, Adani Group companies lost a …

Matthew Fox   


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Nikola surges 7% as company opens up $5,000 reservations for its electric pickup truck

Dropping $5,000 on the reservation will secure consumers a ticket to Nikola World 2020 and grant a …

Matthew Fox   


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Nikola surges 29% as GM backs EV regulations and investors speculate a deal between the two companies is near

Electric vehicle companies will likely benefit from GM's plans to increase spending on EVs and work…

Emily Graffeo   


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Tesla competitor Nikola Motors skyrockets 104% after setting reservation date for its electric truck

Trevor Milton, founder and chairman of Nikola, detailed in a tweet on Monday plans to debut its Bad…

Matthew Fox   


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Nikola dives 17% after CEO offers murky commentary on GM deal ahead of December 3 deadline

Russell also stopped short of reassuring that Nikola founder Trevor Milton won't dump shares once h…

Ben Winck   


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Nikola slides 12% after it ends collaboration on electric garbage truck with Republic Services

"This was the right decision for both companies given the resources and investments required," Niko…

Matthew Fox   


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Nikola could fall 30% as 'ambitious' profit forecasts and Tesla's first-mover advantage weigh on valuation, CFRA analysts say

CFRA analyst Garret Nelson initiated coverage on Nikola with a "sell" rating and a $15 price target…

Will Daniel   


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Ford-backed EV battery producer to go public via SPAC merger at a $1.2 billion valuation

Ford Motors and BMW recently participated in the $135 million Series B funding of Solid Power in Ma…

Isabelle Lee   


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Nikola falls 11% a day after potential partnership talks halted

The Wall Street Journal reported Wednesday talks between Nikola and a number of energy companies, i…

Saloni Sardana