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NIKOLA CORPORATION

(NKLA)
  Report
Delayed Nasdaq  -  04:00 2022-10-05 pm EDT
3.700 USD   -5.61%
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Nikola Corporation Announces Executive Changes

08/10/2022 | 08:00am EDT

Nikola Corporation announced that Chief Executive Officer (CEO) and President of Nikola Corporation Mark Russell will retire, effective January 1, 2023, and has named current Nikola Motor President Michael Lohscheller as his successor. Lohscheller will assume Russell's President title and join the Nikola Board of Directors effective immediately and become CEO upon Russell's retirement. Russell will remain a member of the Board.
Lohscheller joined as President of Nikola Motor in February 2022, and has already made several notable achievements, including having a major impact in moving the Tre battery-electric vehicle (BEV) into series production and achieving development milestones for the Tre fuel cell electric vehicle (FCEV). Prior to Nikola, he was CEO of Opel, where he led the company to sustainable profitability and oversaw its transformation into a leading electrified car brand.


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All news about NIKOLA CORPORATION
10/04Tech Up as Treasury Yields Slide -- Tech Roundup
DJ
09/27Nikola Extends Exchange Offer Deadline to Acquire Battery Maker Romeo Power
MT
09/21IVECO 'drives the road of change' at IAA 2022; Unveiled the Brand's latest innovations ..
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09/20Insider Sell: Nikola
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09/20North American Morning Briefing: Treasury Yields Extend Gains with Fed Tig..
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09/19Iveco showcases prototype of large hydrogen van developed with Hyundai
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09/19Nikola, IVECO Commercially Launch European Nikola Tre Battery Electric Vehicle
MT
09/19Iaa 2022 : Nikola and iveco begin taking orders on the european nikola tre bev heavy-duty ..
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09/19Iveco showcases prototype of large hydrogen van developed with Hyundai
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09/19Iveco Group N.V. and Nikola Corporation’s Sustainable Transport Journey Progresses..
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Analyst Recommendations on NIKOLA CORPORATION
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Financials (USD)
Sales 2022 111 M - -
Net income 2022 -816 M - -
Net cash 2022 353 M - -
P/E ratio 2022 -2,05x
Yield 2022 -
Capitalization 1 604 M 1 604 M -
EV / Sales 2022 11,3x
EV / Sales 2023 2,51x
Nbr of Employees 900
Free-Float 64,4%
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Technical analysis trends NIKOLA CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 3,70 $
Average target price 9,44 $
Spread / Average Target 155%
EPS Revisions
Managers and Directors
Mark A. Russell Chief Executive Officer & Director
Michael Lohscheller President-Motor Division
Kim J. Brady Chief Financial Officer
Stephen J. Girsky Chairman
Dane Davis Chief Technology Officer
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