Nikola

OverviewSuggest Edit

Nikola (formerly known as Nikola Motor) is a company engaged in the development of concept zero-emissions vehicles. It designs and manufactures electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains. The company was formed as a result of the merger of Nikola Motor Company with VectoIQ Acquisition Corporation.

TypePublic
Founded2014
HQPhoenix, AZ, USMap
Websitenikolamotor.com
Employee Ratings4.3More
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Latest Updates

Employees (est.) (Mar 2020)260
Share Price (Jan 2021)$20.1
Cybersecurity ratingBMore

Key People/Management at Nikola

Mark Russell

Mark Russell

President, Chief Executive Officer and Director
Kim Brady

Kim Brady

Chief Financial Officer
Dane Davis

Dane Davis

Chief Technology Officer
Britton Worthen

Britton Worthen

Chief Legal Officer
Joseph Pike

Joseph Pike

Chief Human Resources Officer
Isaac Sloan

Isaac Sloan

Chief Information Officer & Software Architect
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Nikola Office Locations

Nikola has an office in Phoenix
Phoenix, AZ, US (HQ)
4141 E Broadway Rd
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Nikola Financials and Metrics

Nikola Revenue

USD

Net income (Q3, 2020)

(117.5m)

EBIT (Q3, 2020)

(117.3m)

Market capitalization (22-Jan-2021)

7.7b

Closing stock price (22-Jan-2021)

20.1

Cash (30-Sept-2020)

907.5m

EV

6.8b
Nikola's current market capitalization is $7.7 b.
Annual
USDFY, 2018FY, 2019

General and administrative expense

402.3k910.2k

Operating expense total

402.3k910.2k

EBIT

(402.3k)(910.2k)

Investment income

3.0m5.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

36.0k

Cost of goods sold

30.0k

Gross profit

6.0k

Gross profit Margin, %

17%
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Annual
USDFY, 2018FY, 2019

Cash

1.2m751.6k

Current Assets

1.2m775.1k

Total Assets

236.5m239.2m

Accounts Payable

1.5k80.0k
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

25.0k1.3m1.2m872.7k764.5k817.8k1.2m698.4m907.5m

Accounts Receivable

424.0k249.0k

Current Assets

25.0k1.4m1.3m935.2k819.2k856.9k1.2m772.4m985.9m

PP&E

59.9m61.3m
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Annual
USDFY, 2018FY, 2019

Net Income

1.9m2.7m

Accounts Payable

276.5k48.2k

Cash From Operating Activities

(211.8k)(2.4m)

Cash From Investing Activities

(232.3m)2.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(462.0)(11.9k)(227.5k)809.8k1.7m2.5m(124.5k)(119.8m)(237.3m)

Depreciation and Amortization

2.8m4.3m

Accounts Payable

462.0462.020.6k(57.3k)(110.6k)(47.4k)(105.3k)9.1m19.4m

Cash From Operating Activities

(113.6k)(143.5k)(295.9k)(1.6m)(2.0m)(536.2k)(45.8m)(84.9m)
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USDQ1, 2018

Financial Leverage

8.3 x
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Nikola Operating Metrics

Q2, 2020Oct, 2020

Reservations

14 k

Products (Nikola Motor)

5

Products (Nikola Powersports)

3
Show all operating metrics

Nikola Acquisitions / Subsidiaries

Company NameDateDeal Size
Free Form FactoryNovember 08, 2017
Nikola Energy Company LLC
Nikola Iveco Europe B.V.
Nikola Motor Company LLC
Nikola Powersports LLC
Nikola Subsidiary Corporation

Nikola Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Nikola Online and Social Media Presence

Nikola's Trends

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Nikola News and Updates

January 12, 2021

Nikola Positioned to Accelerate Hydrogen Economy

Nikola Corporation (NASDAQ: NKLA) has secured an innovative electric rate schedule with Arizona Public Service Company (“APS”) that makes possible the accelerated development of hydrogen-based fueling solutions for the transportation industry. Nikola is a company dedicated to the advancement of inno…
January 07, 2021

Global Water Resources to Provide Water Services to Nikola’s New Zero-Emission Semi-Truck Manufacturing Plant

Global Water Resources a pure-play water resource management company, has entered into a master utility agreement with Nikola Corporation (NASDAQ: NKLA) to provide water and wastewater services to Nikola’s new manufacturing plant in Coolidge, Arizona adjacent to Inland Port Arizona
December 28, 2020

Nikola soars 16% after JPMorgan says it sees 'less drama-filled' year ahead for EV company (NKLA)

Summary List Placement Nikola soared as much as 16% on Monday after JPMorgan said in a note that it sees 2021 being a "less drama-filled" year that will "turn generally positive" for the EV company. JPMorgan reiterated its Overweight rating on Nikola and lowered its price target to $35 from $40, r…
December 23, 2020

Mary Petrovich Named To Nikola Board of Directors

Nikola Corporation (NASDAQ: NKLA) today announced that it has appointed Mary L. Petrovich as a new independent director and has expanded Pablo Koziner’s role within the Nikola executive leadership team
December 23, 2020

Nikola and Republic Services End Collaboration on Refuse Truck

Nikola Corporation announced today that Nikola and Republic Services (NYSE: RSG) have discontinued their collaboration on refuse truck development
December 23, 2020

Nikola Teases First Tre BEV Alpha In The U.S.

Nikola recently teased a few images of the first Alpha prototype of the upcoming all-electric Nikola Tre semi-truck that was shipped from Germany to the U.S. In total, the Alpha fleet will consist of 14 trucks. According to the brief info, the prototypes will be tested now ahead of the market lau…
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 Nikola Frequently Asked Questions

  • When was Nikola founded?

    Nikola was founded in 2014.

  • Who are Nikola key executives?

    Nikola's key executives are Mark Russell, Kim Brady and Dane Davis.

  • How many employees does Nikola have?

    Nikola has 260 employees.

  • Who are Nikola competitors?

    Competitors of Nikola include BYTON, Faraday Future and Fisker Automotive.

  • Where is Nikola headquarters?

    Nikola headquarters is located at 4141 E Broadway Rd, Phoenix.

  • Where are Nikola offices?

    Nikola has an office in Phoenix.

  • How many offices does Nikola have?

    Nikola has 1 office.