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   Technology StocksNikola Corp


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To: Ms. Baby Boomer who wrote (191)2/26/2021 7:53:22 PM
From: Ms. Baby Boomer
   of 241
 
Puter programmed Algos take out Stop Losses accumulating additional Nikola Corp. (NKLA) shares....

M

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To: Ms. Baby Boomer who wrote (191)3/1/2021 11:45:09 AM
From: Ms. Baby Boomer
   of 241
 
NKLA Daily Chart...

Double Bottom >> February 23rd & February 26th....

M

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To: Ms. Baby Boomer who wrote (193)3/1/2021 1:41:36 PM
From: Ms. Baby Boomer
   of 241
 
Analyst Actions: JP Morgan Adjusts Nikola's Price Target to $33 From $35, Maintains Overweight Rating....

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From: Ms. Baby Boomer3/3/2021 10:05:49 AM
   of 241
 
Investor coalition pushes Exxon to do more after board refresh...

BOSTON, March 3 (Reuters) - A coalition of investors that oversees $2.5 trillion in assets urged ExxonMobil on Wednesday to take bolder action to slash greenhouse gas emissions and make key governance changes.

The Coalition for a Responsible Exxon (CURE), which has 145 members, said the energy giant Exxon had taken steps in the "right direction" amid pressure from activist investors to cut costs, refresh its board and focus more on clean energy.

But the group said in a statement more work still lay ahead for one of the world's biggest oil and gas companies.

It said it wanted Exxon to commit to a deeper, long-term shift in capital allocation strategies to make its operations consistent with the Paris accord on tackling climate change.

The company should make additional changes to its board to "address fiduciary and climate concerns", as well as split the chairman and chief executive posts, the group said.

Exxon, one of America's most well-known brands, named three new directors in the last five weeks, steps the coalition said showed "that the company may intend to change".

Darren Woods, Exxon's chief executive and chairman, said on Wednesday the company was "committed to growing shareholder value by meeting the world's energy demands today and pursuing a technology-driven strategy to succeed through the energy transition."

Investment firms Engine No. 1 and D.E. Shaw have pressed for changes at Exxon for months. Engine No. 1 has pushed for the naming of directors with more energy industry expertise.

On Monday, Exxon named activist investor Jeffrey Ubben and former Comcast Chief Financial Officer Michael Angelakis as directors.

Exxon's share price has climbed 36% since January but the company also reported a $22 billion loss last year. (Reporting by Svea Herbst-Bayliss; Editing by Edmund Blair)....

finance.yahoo.com

NOTE: Inclusive Capital Partners, LP is the second largest Holder of Nikola Corp.

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To: Ms. Baby Boomer who wrote (164)3/3/2021 6:31:28 PM
From: Ms. Baby Boomer
   of 241
 
Perhaps, the SEC could expand on their open investigation of Nikola Corp.
as to violations under The Act by orchestrated Short Seller(s) to include
Naked Short Selling which is Illegal...

Just a thought....

M

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From: DJK13/5/2021 9:26:23 AM
   of 241
 
Wireless EV Charging Transforms a California Transit Agency

By Tom McDonald, WAVE Sr. Director,
Marketing & Communications

In 2014, the Antelope Valley Transit Association (AVTA) leadership set an ambitious goal — to become the first transit operator in the United States to roll out electric bus technology across its entire service area. However, the Los Angeles County agency faced a significant challenge: How to efficiently recharge buses on routes as long as 350 miles.

https://ideanomics.com/ideanomics-february-2021-newsletter/

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From: Ms. Baby Boomer3/5/2021 9:04:02 PM
   of 241
 
SEC Form 4...

Nikola Corp. Founder and former Executive Chairman 10% Ownership....

investopedia.com

M

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From: Ms. Baby Boomer3/16/2021 11:34:21 AM
   of 241
 
Nikola Looks To Raise $100M Via Stock Sale As It Eyes
Completion Of Arizona Factory...




Nikola Corporation (NASDAQ: NKLA) is planning to raise capital by the way of a $100 million stock sale to investors, according to a filing with the United States Securities and Exchange Commission.

What Happened: The automaker said in the filing, first noticed on the Financial Times, it intends to use the net proceeds from the offering for “general corporate purposes” and for funding the completion of its manufacturing facility in Arizona.

Wedbush analyst Daniel Ives said that multiple electric vehicle players were trying to raise capital in what is an estimated $5 trillion EV market over the next decade, FT noted.

“Right now, it’s an arms race, and Nikola is trying to execute on their vision,” Ives said. Nikola is trying to rebuild its credibility “brick by brick,” as per the analyst.

Why It Matters: In September last year, short-seller Hindenburg labeled Nikola “an intricate fraud built on dozens of lies” in a report that ultimately led to the exit of Executive Chairman Trevor Milton.

The company’s market capitalization has fallen from $37 billion in June to $6.69 billion, as of Monday.

In February, Ives changed his rating on Nikola to Neutral from Underperform and raised the price target to $25 from the earlier $15 saying most “negative catalysts” have played out.

The Phoneix, Arizona-based company expects to provide prototype fuel cell Tre model trucks to Anheuser-Busch Inbev SA (NYSE: BUD) for testing in 2022.

For its battery electric vehicles, deliveries are expected to begin in 2022, as per FT.

Others that have raised cash include, Nio Inc (NYSE: NIO) which raised .3 billion in convertible notes in January to fuel its ambitious EV plans. Segment leader Tesla Inc (NASDAQ: TSLA) priced its billion equity offering at $767 per share in February.

Price Action: Nikola shares fell 3.75% in after-hours trading to $16.42 on Monday after closing 0.24% higher at $17.06 in the regular session....

Photo courtesy: Nikola Motor Corp.

yahoo.com

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From: Ms. Baby Boomer3/18/2021 4:26:20 PM
   of 241
 
Nikola Stock Is Tumbling Again. Here’s Why...


Courtesy Nikola

Nikola stock is falling again Thursday after an early investor said it was selling shares and Deutsche Bank expressed caution about the hydrogen fuel cell truck maker’s capital raising plans.

Nikola (ticker: NKLA) stock is down 7.1% in midday trading to $15.22 a share. The S&P 500 is down about 0.4%.

South Korean-based industrial company Hanwha (000880.Korea), an early Nikola investor, is selling half its stake in the company. Coming into Thursday, Hanwha owned about 5.7% of the Nikola, or 22 million shares. The sale was disclosed in a regulatory filing Wednesday.

Investors don’t like to see early investors sell low. Nikola stock is off about 70% from recent highs. But large blocks of stock on sale can also push down prices.

The Hanwha revelation isn’t the only thing impacting Nikola. Deutsche Bank analyst Emmanuel Rosner recently met with CEO Mark Russell and CFO Kim Brady and came away feeling better about Nikola’s fuel cell offerings. Still, Rosner pointed out in a Thursday report that Nikola needs about $1 billion more before it reaches break-even. He fears large capital raises are coming in 2021.

Rosner has a Hold rating and $26 price target on Nikola stock.

Overall, two out of eight analysts, or 25%, rate Nikola share Buy. The Buy ratings are from Cowen’s Jeffery Osborne and Loop Capital’s Jeffrey Kauffman. Osborne’s price target is $47 a share. Kauffman sees shares hitting $35. The average analyst price target, however, is almost $28, well above where shares are trading.
....

barrons.com

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From: DJK13/24/2021 9:27:12 AM
   of 241
 
Commercial Truck Electrification is Within Reach



New cost and performance analysis by Berkeley Lab argues that policies are needed to spur widespread adoption of electric long-haul trucks.

When it comes to electric vehicles, particularly for heavy-duty trucks, the limitations of battery technology are often seen as the main barrier to widespread adoption. However, a new analysis concludes that it’s the lack of appropriate policies around adoption incentives, charging infrastructure, and electricity pricing that prevents widespread electrification of commercial trucking fleets.

Researchers from the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) and the University of California, Los Angeles published a new study that makes the case for prioritizing public policy to help move long-haul trucking from diesel to electric. Doing so will mean huge gains in addressing the climate crisis and avoiding premature deaths due to local vehicular pollution, which disproportionately affects communities of color.

The study analyzes the total cost of ownership of an electric long-haul truck compared to a diesel long-haul truck. Using the current price of a battery pack and assuming a 375-mile range, the researchers found that an electric long-haul truck has a 13% per mile lower total cost of ownership, with a net savings of $200,000 over the lifetime of the electric truck. The total cost of ownership analysis takes into account the purchase price and operating costs over the lifetime of the truck.

newscenter.lbl.gov

youtube.com

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