Market Summary
USD1.30-0.09
Market Closed-6.45%
NKLA Stock Price
NKLA RSI Chart
NKLA Valuation
NKLA Price/Sales (Trailing)
NKLA Profitability
NKLA Fundamentals
NKLA Revenue
NKLA Earnings
Price Action
52 Week Range
4.45
(Low)(High)
Last 7 days
60.4%
Last 30 days
-7.6%
Last 90 days
1.1%
Trailing 12 Months
-69.4%
NKLA Financial Health
NKLA Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for NKLA
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-06 | Pasterick Anastasiya | sold | -7,521 | 1.1211 | -6,709 | chief financial officer |
2023-08-10 | Worthen Britton M. | sold | -237,709 | 1.958 | -121,404 | chief legal officer |
2023-08-10 | Lohscheller Michael | sold | -135,073 | 1.958 | -68,985 | - |
2023-08-10 | Mendes Carey | sold | -7,277 | 1.958 | -3,717 | president, energy |
2023-08-10 | Pike Joseph R. | sold | -158,475 | 1.958 | -80,937 | chief human resources officer |
2023-08-10 | Pasterick Anastasiya | sold | -30,791 | 1.958 | -15,726 | chief financial officer |
2023-08-09 | Pasterick Anastasiya | acquired | - | - | 2,081 | chief financial officer |
2023-08-03 | SHINDLER STEVEN M | acquired | - | - | 75,000 | - |
2023-08-03 | Girsky Stephen J | acquired | - | - | 550,000 | chief executive officer |
2023-05-12 | RUSSELL MARK A | sold | -196,886 | 0.780488 | -252,260 | - |
Which funds bought or sold NKLA recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-07 | Triatomic Management LP | sold off | -100 | -60,500 | - | -% |
2023-08-30 | Western Wealth Management, LLC | added | 18.22 | 5,469 | 21,177 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | 119 | 966 | -% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | - | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 52.65 | 376,964 | 885,721 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 13.61 | 38,884 | 167,100 | -% |
2023-08-21 | VisionPoint Advisory Group, LLC | new | - | 113 | 113 | -% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 13.00 | 13.00 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 79.77 | 1,047,270 | 2,045,270 | -% |
2023-08-16 | Sunbelt Securities, Inc. | unchanged | - | -4.00 | 226 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Nikola
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | norges bank | 7.01% | 33,581,371 | SC 13G/A | |
| Feb 13, 2023 | t&m residual, llc | 7.7% | 39,876,497 | SC 13D | |
| Feb 09, 2023 | vanguard group inc | 6.58% | 31,513,851 | SC 13G | |
| Jan 05, 2023 | ya ii pn, ltd. | 0% | 0 | SC 13G/A | |
| Mar 10, 2022 | norges bank | 5.05% | 20,879,125 | SC 13G | |
| Dec 01, 2021 | m&m residual, llc | 12.0% | 48,361,144 | SC 13D/A | |
| Nov 24, 2021 | m&m residual, llc | 12.8% | 51,652,457 | SC 13D/A | |
| Aug 20, 2021 | m&m residual, llc | 15.9% | 63,361,144 | SC 13D/A | |
| Jun 30, 2021 | green nikola holdings llc | 4.9% | 19,227,033 | SC 13D/A | |
| May 14, 2021 | m&m residual, llc | 20.1% | 79,059,795 | SC 13D/A |
Recent SEC filings of Nikola
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 19, 2023 | 424B3 | Prospectus Filed | |
| Sep 19, 2023 | 424B3 | Prospectus Filed | |
| Sep 19, 2023 | 8-K | Current Report | |
| Sep 13, 2023 | 8-K | Current Report | |
| Sep 08, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 08, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 3 | Insider Trading | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent |
Peers (Alternatives to Nikola)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CAT | 139.5B | 64.8B | 2.15% | 57.58% | 16.69 | 2.15 | 19.88% | 23.71% |
ITW | 70.2B | 16.1B | 0.19% | 22.08% | 22.63 | 4.37 | 5.86% | 17.15% |
PCAR | 43.9B | 32.5B | 0.79% | -1.13% | 12.04 | 1.35 | 27.80% | 64.21% |
PH | 41.8B | 19.1B | -1.76% | 51.48% | 33.16 | 2.43 | 20.20% | 58.33% |
FTV | 26.0B | 6.0B | -1.87% | 18.62% | 32.53 | 4.36 | 8.29% | 22.02% |
| MID-CAP | ||||||||
WWD | 7.7B | 2.8B | 2.20% | 43.29% | 37.6 | 2.76 | 20.08% | 21.60% |
OSK | 5.0B | 9.0B | 0.65% | 27.76% | 18.88 | 0.58 | 13.79% | 139.94% |
ALSN | 4.3B | 3.0B | 2.45% | 70.59% | 8.04 | 1.54 | 15.67% | 34.99% |
FELE | 4.1B | 2.1B | -3.50% | 6.93% | 21.26 | 1.98 | 10.59% | 10.76% |
| SMALL-CAP | ||||||||
NKLA | 1.0B | 56.2M | -7.62% | -69.41% | -1.18 | 17.8 | 40.31% | -12.26% |
BLBD | 614.8M | 1.1B | -9.55% | 109.47% | -34.34 | 0.57 | 47.93% | 28.54% |
SHYF | 520.8M | 1.1B | -3.31% | -30.33% | 12.55 | 0.49 | 6.84% | -3.10% |
GTEC | 44.5M | 86.6M | 100.58% | 12.09% | 8.66 | 0.51 | -9.69% | -10.69% |
LIQT | 23.3M | 16.3M | 16.24% | 8.51% | -2.96 | 1.42 | -13.67% | 50.32% |
Nikola News
Returns for NKLA
Cumulative Returns on NKLA
-32.0%
5-Year Cumulative Returns
-65.6%
3-Year Cumulative Returns
Risks for NKLA
What is the probability of a big loss on NKLA?
70.8%
Probability that Nikola stock will be more than 20% underwater in next one year
63.9%
Probability that Nikola stock will be more than 30% underwater in next one year.
63.9%
Probability that Nikola stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does NKLA drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Nikola was unfortunately bought at previous high price.
Drawdowns
Financials for Nikola
Income Statement (Last 12 Months)
| Income Statement (Last 12 Months) | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -4.7% | 56,183,000 | 58,955,000 | 49,725,000 | 59,016,000 | 40,042,000 | 7,548,000 | 3,845,500 | 143,000 | 439,000 | 410,600 | 382,200 | 353,800 | 325,400 | 297,000 | 173,000 | 22,814 | 45,532 |
| Gross Profit | 1.4% | -117,684,000 | -119,310,000 | -85,969,000 | -58,995,000 | -28,826,000 | 431,000 | 21,000 | 26,000 | 181,000 | 164,000 | 211,000 | 274,667 | 102,000 | 248,000 | 123,000 | - | - |
| Operating Expenses | -0.3% | 581,082,000 | 583,061,000 | 616,666,000 | 656,975,000 | 729,252,000 | 724,676,000 | 382,758,000 | 263,854,000 | 159,751,000 | 90,320,000 | 88,206,000 | 80,361,333 | 94,192,000 | 119,592,000 | 70,612,000 | - | - |
| S&GA Expenses | -6.5% | 301,608,000 | 322,712,000 | 346,186,000 | 361,463,000 | 421,527,000 | 412,331,000 | 182,724,000 | 122,975,000 | 60,886,000 | 22,126,000 | 20,692,000 | 27,537,049 | 24,059,725 | 18,738,538 | 12,238,000 | 318,601 | 46,550 |
| R&D Expenses | 0.5% | 261,757,000 | 260,349,000 | 270,480,000 | 295,512,000 | 307,725,000 | 312,345,000 | 185,619,000 | 140,879,000 | 98,865,000 | 68,194,000 | 67,514,000 | 59,644,000 | 70,502,000 | 93,588,000 | 58,374,000 | - | - |
| EBITDA | 100.0% | - | -741,198,000 | -735,821,000 | -693,387,000 | -731,624,000 | -707,180,000 | -339,785,484 | -224,076,484 | -122,920,484 | -53,574,817 | - | - | - | - | - | - | - |
| EBITDA Margin | 100.0% | - | -12.34 | -14.48 | -11.75 | -16.52 | -93.69 | -3,576 | -74.92 | -41.10 | -17.91 | -28.79 | -18.95 | -14.46 | - | - | - | - |
| Interest Expenses | 12.7% | 6,025,000 | 5,344,000 | 4,097,000 | 2,867,000 | 1,378,000 | 883,000 | 884,000 | 696,000 | 527,000 | 425,333 | 96,000 | 96,000 | 118,000 | - | 96,000 | - | - |
| Earnings Before Taxes | 5.4% | -688,700,000 | -728,032,000 | -717,467,000 | -714,998,000 | -747,168,000 | -717,546,000 | -371,257,000 | -254,906,000 | -190,572,000 | -91,555,000 | -88,505,000 | -128,294,456 | -113,142,108 | -96,389,538 | -66,295,000 | -303,392 | -23,784 |
| EBT Margin | 100.0% | - | -12.89 | -15.02 | -12.12 | -16.87 | -95.06 | -3,649 | -77.01 | -42.87 | -19.51 | -29.59 | -19.86 | -14.80 | - | - | - | - |
| Net Income | -5.6% | -845,222,000 | -800,391,000 | -784,238,000 | -721,588,000 | -752,921,000 | -723,155,000 | -370,868,000 | -254,911,000 | -190,721,000 | -91,705,000 | -88,656,000 | -126,442,456 | -111,144,108 | -94,389,538 | -64,293,000 | -303,392 | -23,784 |
| Net Income Margin | 100.0% | - | -13.33 | -15.43 | -12.23 | -17.00 | -95.81 | -3,556 | -74.19 | -52.72 | -19.62 | -29.64 | -42.27 | -37.16 | - | - | - | - |
| Free Cashflow | 100.0% | - | -812,836,000 | - | -747,724,000 | -650,563,000 | -508,802,000 | -150,533,000 | -22,007,705 | 1,877,295 | -23,958,790 | -2,357,705 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -1.8% | 1,138 | 1,158 | 1,237 | 1,159 | 1,167 | 910 | 990 | 1,001 | 965 | 1,003 | 1,054 | 1,138 | 927 | 240 | 229 | 238 | 238 | 238 | 237 | 234 | 234 |
| Current Assets | 23.0% | 407 | 331 | 437 | 487 | 545 | 419 | 525 | 610 | 663 | 804 | 897 | 986 | 772 | 1.00 | 91.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Cash Equivalents | 87.1% | 227 | 121 | 226 | 316 | 442 | 360 | 497 | 587 | 633 | 764 | 841 | 908 | 698 | 76.00 | 90.00 | 141 | 104 | 1.00 | 174 | 1.00 | 1.00 |
| Inventory | -29.9% | 87.00 | 124 | 112 | 81.00 | 52.00 | 26.00 | 12.00 | 4.00 | 2.00 | - | - | - | - | - | - | - | - | - | - | - | - |
| Net PPE | 1.6% | 483 | 475 | 418 | 365 | 312 | 264 | 244 | 201 | 166 | 123 | 71.00 | 63.00 | 62.00 | - | 53.00 | - | - | - | - | - | - |
| Goodwill | -21.7% | 5.00 | 7.00 | 7.00 | 1.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | - | 5.00 | - | - | - | - | - | - |
| Liabilities | 0.4% | 615 | 612 | 710 | 595 | 568 | 288 | 296 | 293 | 107 | 91.00 | 74.00 | 73.00 | 97.00 | 66.00 | 34.00 | 23.00 | 12.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Current Liabilities | -15.7% | 233 | 277 | 384 | 278 | 254 | 184 | 181 | 253 | 85.00 | 71.00 | 52.00 | 44.00 | 31.00 | 1.00 | 17.00 | 0.00 | 0.00 | 1.00 | 1.00 | - | - |
| Long Term Debt | 17.5% | 348 | 296 | 290 | 283 | 273 | 25.00 | 25.00 | - | - | - | 14.00 | - | - | - | - | - | - | - | - | - | - |
| LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | 4.00 | 4.00 | 4.00 | - | - | - | - | - | - | - | - |
| LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.00 | - | - | - | - | - | - |
| Shareholder's Equity | -4.2% | 523 | 546 | 526 | 564 | 599 | 622 | 694 | 708 | 845 | 912 | 980 | 1,066 | 830 | 194 | 196 | 238 | 142 | 157 | 186 | 5.00 | 5.00 |
| Retained Earnings | -9.9% | -2,421 | -2,203 | -2,034 | -1,812 | -1,576 | -1,403 | -1,250 | -1,091 | -823 | -680 | -560 | -417 | -338 | - | -188 | 4.00 | 4.00 | 3.00 | 2.00 | -0.23 | -0.01 |
| Additional Paid-In Capital | 7.0% | 2,945 | 2,751 | 2,563 | 2,379 | 2,177 | 2,026 | 1,944 | 1,799 | 1,668 | 1,593 | 1,540 | 1,484 | 1,168 | 5.00 | 384 | 1.00 | 1.00 | 2.00 | 3.00 | 5.00 | 5.00 |
| Shares Outstanding | 29.5% | 769 | 594 | 513 | 455 | 425 | 415 | 413 | 400 | 395 | 392 | 391 | 384 | 361 | 272 | 271 | 261 | 260 | 260 | 260 | 30.00 | 13.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 5.6% | -594 | -630 | -581 | -543 | -454 | -379 | -307 | -261 | -230 | -187 | -150 | -100 | -76.39 | -102 | -80.63 | -118 | -103 | -72.27 | -54.02 | -0.12 | -0.23 |
| Share Based Compensation | -13.0% | 194 | 223 | 252 | 265 | 211 | 209 | 206 | 198 | 201 | 187 | 138 | 93.00 | 42.00 | 5.00 | 5.00 | 5.00 | 5.00 | - | 4.00 | - | - |
| Cashflow From Investing | 21.9% | -190 | -244 | -225 | -238 | -208 | -216 | -207 | -154 | -114 | -54.22 | -31.14 | -21.85 | -25.18 | -40.70 | -39.30 | 184 | 196 | 289 | -15.41 | - | -464 |
| Cashflow From Financing | -19.6% | 552 | 687 | 599 | 599 | 560 | 217 | 188 | 80.00 | 271 | 926 | 941 | 903 | 705 | 49.00 | 36.00 | 43.00 | -22.03 | 212 | 212 | 312 | 468 |
NKLA Income Statement
2023-06-30CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenues: | ||||
| Revenue | $ 15,362 | $ 18,134 | $ 26,039 | $ 20,021 |
| Cost of revenues: | ||||
| Cost of revenues | 42,993 | 47,391 | 76,367 | 48,847 |
| Gross loss | (27,631) | (29,257) | (50,328) | (28,826) |
| Operating expenses: | ||||
| Research and development | 64,514 | 63,106 | 126,320 | 137,663 |
| Selling, general, and administrative | 58,764 | 79,868 | 101,461 | 157,051 |
| Loss on supplier deposits | 17,717 | 0 | 17,717 | 0 |
| Total operating expenses | 140,995 | 142,974 | 245,498 | 294,714 |
| Loss from operations | (168,626) | (172,231) | (295,826) | (323,540) |
| Other income (expense): | ||||
| Interest expense, net | (8,749) | (2,808) | (18,582) | (3,019) |
| Revaluation of warrant liability | 41 | 3,341 | 315 | 2,907 |
| Gain on divestiture of affiliate | 70,849 | 0 | 70,849 | 0 |
| Loss on debt extinguishment | (20,362) | 0 | (20,362) | 0 |
| Other income (expense), net | (5,546) | (27) | (5,630) | 1,806 |
| Loss before income taxes and equity in net loss of affiliates | (132,393) | (171,725) | (269,236) | (321,846) |
| Income tax expense | 0 | 2 | 0 | 2 |
| Loss before equity in net loss of affiliates | (132,393) | (171,727) | (269,236) | (321,848) |
| Equity in net loss of affiliates | (7,617) | (1,270) | (16,025) | (4,090) |
| Net loss from continuing operations | (140,010) | (172,997) | (285,261) | (325,938) |
| Discontinued operations: | ||||
| Loss from discontinued operations | (52,883) | 0 | (76,726) | 0 |
| Loss from deconsolidation of discontinued operations | (24,935) | 0 | (24,935) | 0 |
| Net loss from discontinued operations | (77,818) | 0 | (101,661) | 0 |
| Net loss | $ (217,828) | $ (172,997) | $ (386,922) | $ (325,938) |
| Basic and diluted net loss per share: | ||||
| Net loss from continuing operations, basic (in dollars per share) | $ (0.20) | $ (0.41) | $ (0.45) | $ (0.78) |
| Net loss from continuing operations, diluted (in dollars per share) | (0.20) | (0.41) | (0.45) | (0.78) |
| Net loss from discontinued operations, basic (in dollars per share) | (0.11) | 0 | (0.16) | 0 |
| Net loss from discontinued operations, diluted (in dollars per share) | (0.11) | 0 | (0.16) | 0 |
| Net loss, basic (in dollars per share) | (0.31) | (0.41) | (0.61) | (0.78) |
| Net loss, diluted (in dollars per share) | $ (0.31) | $ (0.41) | $ (0.61) | $ (0.78) |
| Weighted average shares outstanding, basic (in shares) | 708,692,817 | 425,323,391 | 629,630,362 | 420,266,181 |
| Weighted average shares outstanding, diluted (in shares) | 708,692,817 | 425,323,391 | 629,630,362 | 420,266,181 |
| Truck sales | ||||
| Revenues: | ||||
| Revenue | $ 12,006 | $ 17,383 | $ 22,061 | $ 17,383 |
| Cost of revenues: | ||||
| Cost of revenues | 40,203 | 46,781 | 73,223 | 46,781 |
| Service and other | ||||
| Revenues: | ||||
| Revenue | 3,356 | 751 | 3,978 | 2,638 |
| Cost of revenues: | ||||
| Cost of revenues | $ 2,790 | $ 610 | $ 3,144 | $ 2,066 |
NKLA Balance Sheet
2023-06-30CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 226,673 | $ 225,850 |
| Restricted cash and cash equivalents | 600 | 10,600 |
| Accounts receivable, net | 19,998 | 31,638 |
| Inventory | 86,635 | 111,870 |
| Prepaid expenses and other current assets | 73,010 | 27,943 |
| Assets subject to assignment for the benefit of creditors, current portion | 0 | 29,025 |
| Total current assets | 406,916 | 436,926 |
| Restricted cash and cash equivalents | 68,082 | 77,459 |
| Long-term deposits | 17,329 | 34,279 |
| Property, plant and equipment, net | 483,043 | 417,785 |
| Intangible assets, net | 89,564 | 92,473 |
| Investment in affiliates | 58,289 | 62,816 |
| Goodwill | 5,238 | 6,688 |
| Other assets | 9,040 | 8,107 |
| Assets subject to assignment for the benefit of creditors | 0 | 100,125 |
| Total assets | 1,137,501 | 1,236,658 |
| Current liabilities | ||
| Accounts payable | 45,767 | 93,242 |
| Accrued expenses and other current liabilities | 173,957 | 179,571 |
| Debt and finance lease liabilities, current (including zero and $50.0 million measured at fair value, respectively) | 13,417 | 61,675 |
| Liabilities subject to assignment for the benefit of creditors, current portion | 0 | 49,102 |
| Total current liabilities | 233,141 | 383,590 |
| Long-term debt and finance lease liabilities, net of current portion | 348,392 | 290,128 |
| Operating lease liabilities | 5,072 | 6,091 |
| Other long-term liabilities | 28,165 | 6,684 |
| Deferred tax liabilities, net | 15 | 15 |
| Liabilities subject to assignment for the benefit of creditors | 0 | 23,671 |
| Total liabilities | 614,785 | 710,179 |
| Commitments and contingencies (Note 12) | ||
| Stockholders' equity | ||
| Preferred stock, $0.0001 par value, 150,000,000 shares authorized, no shares issued and outstanding as of June 30, 2023 and December 31, 2022 | 0 | 0 |
| Common stock, $0.0001 par value, 800,000,000 shares authorized, 769,300,317 and 512,935,485 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively | 77 | 51 |
| Additional paid-in capital | 2,944,504 | 2,562,855 |
| Accumulated deficit | (2,421,772) | (2,034,850) |
| Accumulated other comprehensive loss | (93) | (1,577) |
| Total stockholders' equity | 522,716 | 526,479 |
| Total liabilities and stockholders' equity | $ 1,137,501 | $ 1,236,658 |
Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.