Nikola Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Public

  • Employees
  • 870

Employees

  • Stock Symbol
  • NKLAQ

Stock Symbol

  • Investments
  • 8

  • Share Price
  • $0.11
  • (As of Thursday Closing)

Nikola General Information

Description

Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.

Contact Information

Website
www.nikolamotor.com
Formerly Known As
VectoIQ Acquisition Corp.
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 4141 East Broadway Road
  • Phoenix, AZ 85040
  • United States
+1 (480)
Primary Industry
Road
Other Industries
Automotive
Stock Exchange
PINX
Vertical(s)
Manufacturing, Climate Tech
Corporate Office
  • 4141 East Broadway Road
  • Phoenix, AZ 85040
  • United States
+1 (480)

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Nikola Stock Performance

As of 17-Apr-2025, Nikola’s stock price is $0.11. Its current market cap is $9.4M with 84.5M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.11 $0.11 $0.09 - $20.55 $9.4M 84.5M 14M -$14.32

Nikola Financials Summary

As of 30-Sep-2024, Nikola has a trailing 12-month revenue of $75.5M.

In Thousands,
USD 		TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 263,881 812,212 1,094,911 3,454,363
Revenue 75,529 35,839 49,725 0
EBITDA (571,279) (735,868) (676,990) (678,142)
Net Income (634,773) (966,282) (784,238) (690,438)
Total Assets 1,036,043 1,274,857 1,236,658 989,819
Total Debt 352,822 284,861 359,873 27,450
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Nikola Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Nikola Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions.
Road
Phoenix, AZ
870 As of 2023

Cedar Park, TX
 

Manhattan Beach, CA
 
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Nikola Competitors (40)

One of Nikola’s 40 competitors is Hyliion, a Formerly VC-backed company based in Cedar Park, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hyliion Formerly VC-backed Cedar Park, TX
Fisker Formerly VC-backed Manhattan Beach, CA
Lion Electric Formerly PE-Backed Saint-Jérôme, Canada
Proterra Formerly VC-backed Burlingame, CA
Hyzon Fuel Cell Formerly VC-backed Bolingbrook, IL
You’re viewing 5 of 40 competitors. Get the full list »

Nikola Patents

  • 265

    Total Documents Applications and Grants

  • Total Patents Families

  • 210

    Granted

  • 48

    Pending

  • Expiring in next 12 mo

Nikola Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250074257-A1 Power control planning and optimization for hybrid vehicles Pending 28-Aug-2023
US-20250042264-A1 Torque management in multi-motor electric vehicle Pending 19-Apr-2023
US-20240351450-A1 Torque management in multi-motor electric vehicle Active 19-Apr-2023
US-12151563-B2 Torque management in multi-motor electric vehicle Active 19-Apr-2023
US-12145435-B2 Vehicle fuel storage mounting system Active 01-Mar-2023 B60K15/067
To view Nikola’s complete patent history, request access »

Nikola Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Nikola Investments & Acquisitions (8)

Nikola’s most recent deal was a Merger/Acquisition with Romeo Power for . The deal was made on 14-Oct-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Romeo Power 14-Oct-2022 Merger/Acquisition Electrical Equipment
Wabash Valley Resources 22-Jun-2021 Corporate Energy Production
Joint Venture (Nikola Motor / General Motors) 14-Sep-2020 Joint Venture Road
VectoIQ Acquisition 03-Jun-2020 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
EVCO (Road) 03-Dec-2019 Joint Venture Automotive
You’re viewing 5 of 8 investments and acquisitions. Get the full list »

Nikola ESG

Risk Overview

Risk Rating

Updated July, 13, 2024

36.08 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,109

Rank

Percentile

Machinery

Industry

of 587

Rank

Percentile

Heavy Machinery and Trucks

Subindustry

of 137

Rank

Percentile

To view Nikola’s complete esg history, request access »

Nikola Exits (1)

Nikola’s most recent exit was on 03-Dec-2019 from EVCO (Road). The exit was categorized as with 3 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
EVCO (Road) 03-Dec-2019 Completed
  • 3 buyers
To view Nikola’s complete exits history, request access »

Nikola Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Romeo Power Vernon, CA 2016
Nikola Corporation (884,000 Square Feet of Facilities in Arizona, United States) Coolidge, AZ

Nikola FAQs

  • When was Nikola founded?

    Nikola was founded in 2015.

  • Where is Nikola headquartered?

    Nikola is headquartered in Phoenix, AZ.

  • What is the size of Nikola?

    Nikola has 870 total employees.

  • What industry is Nikola in?

    Nikola’s primary industry is Road.

  • Is Nikola a private or public company?

    Nikola is a Public company.

  • What is Nikola’s stock symbol?

    The ticker symbol for Nikola is NKLAQ.

  • What is the current stock price of Nikola?

    As of 17-Apr-2025 the stock price of Nikola is $0.11.

  • What is the current market cap of Nikola?

    The current market capitalization of Nikola is $9.4M.

  • What is Nikola’s current revenue?

    The trailing twelve month revenue for Nikola is $75.5M.

  • Who are Nikola’s competitors?

    Hyliion, Fisker, Lion Electric, Proterra, and Hyzon Fuel Cell are some of the 40 competitors of Nikola.

  • What is Nikola’s annual earnings per share (EPS)?

    Nikola’s EPS for 12 months was -$14.32.

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