0001731289FALSE00017312892024-10-312024-10-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 31, 2024
Nikola Corporation
(Exact name of registrant as specified in its charter)
Delaware
(State or Other Jurisdiction of Incorporation)
001-38495
(Commission File Number)
82-4151153
(I.R.S. Employer
Identification No.)
    4141 E Broadway Road
    Phoenix, AZ    85040
    (Address of principal executive offices)    (Zip Code)

(480) 581-8888
(Registrant’s telephone number,
including area code)

N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s) Name of each exchange on which registered
Common stock, $0.0001 par value per shareNKLAThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§240.12b–2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 2.02 Results of Operations and Financial Condition.

On October 31, 2024, Nikola Corporation (the “Company”) issued a press release announcing its results of operations for its fiscal quarter ended September 30, 2024. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated into this Item 2.02 by reference.

The information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description
104Cover Page Interactive Data File (formatted as Inline XBRL).




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


NIKOLA CORPORATION
Dated: October 31, 2024
By:/s/ Thomas B. Okray
Thomas B. Okray
Chief Financial Officer



nikola22_logotypexonexcoloa.jpg


Nikola Corporation Reports Third Quarter 2024 Results

•Record 88 wholesale deliveries of hydrogen fuel cell electric trucks in Q3, up 22% quarter over quarter
•FCEV Fleet adoption up 78% year-to-date, with 16 end fleets deploying Nikola FCEVs, 32 distinct end fleets across both powertrains
•Expanded dealer network for the first time since launch of the FCEV
•Reiterating our year-end volume guidance of 300-350 FCEVs

PHOENIX – October 31, 2024 -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today reported financial results and business updates for the quarter ended September 30, 2024.
“Year-to-date, we had record sales of hydrogen fuel cell electric trucks, a 78% increase in FCEV fleet adoption, and a nearly 350% increase in hydrogen fuel dispensed at our commercial stations,” said Steve Girsky, President and CEO of Nikola. “We also returned 78 BEV “2.0s” back to end fleets and dealers. With every truck delivered and fueled at our HYLA stations, we continue to deliver proof points to the market that zero-emission trucks are driving the future of Class 8 mobility.”

Hydrogen Fuel Cell Electric Truck
We delivered record sales of 88 FCEVs to our dealer network, up 22% from last quarter. On the retail front, we continued to see strong organic growth from existing end fleets. National fleet partners such as Kenan Advantage Group and DHL Supply Chain recently announced deployment of Nikola FCEVs and noted the important role we play in not only helping them meet their sustainability goals, but those of their end customers, which includes Nestlé and Diageo.
We expanded our dealer network for the first time since the launch of our FCEV with the addition of GTS Group, in Southern California. GTS, a successful traditional truck dealership, recently introduced a new division, created for the sales and service of Nikola trucks called “Next Generation Truck” or NGT. This additional dealer brings the number of Nikola sales and service locations up to nineteen across the U.S.
We reiterate FCEV volume guidance of 300-350 trucks by year-end.

HYLA Energy
We expect to deliver 10 HYLA fueling solutions by year-end. We are focusing our strategy on providing more support at existing stations to better serve our customers as we scale. Operationally, over the lifetime of the entire HYLA network, we have recorded more than 5900 fueling events, dispensing more than 210 metric tons of hydrogen, for an average of 36kg per fill. The year-to-date ramp-up in mobile hydrogen refueling stations


has been very strong. Since we began measuring commercial fueling operations in Q1, total hydrogen dispensing has grown nearly 350% year-to-date.

Battery-Electric Truck
We are excited that the BEV “2.0” is back on the road, hauling freight, and validating its use case. Since putting the BEV 2.0 back into service, 19 end fleets have accumulated more than 715K in-service road miles. The BEV 2.0 has been the truck of choice for our end fleets not only for its performance but also to meet the sustainability goals of end fleet partners. Program-to-date, we’ve returned 78 BEVs back to the market to overwhelmingly positive feedback.
2


Third Quarter Operational and Financial Highlights
Three Months Ended
September 30,		 Nine Months Ended
September 30,
(In thousands, except share and per share data)
2024202320242023
Trucks produced83 N/A203 96 
Trucks shipped90 3 203 79 
Total revenues$25,181 $(1,732)$63,997 $24,307 
Gross profit (loss)$(61,943)$(125,503)$(174,244)$(175,831)
Gross margin(246)%7246 %(272)%(723)%
Loss from operations$(178,791)$(226,167)$(455,278)$(521,993)
Net loss from continuing operations$(199,781)$(425,764)$(481,177)$(711,025)
Net loss on discontinued operations$— $— $— $(101,661)
Net loss$(199,781)$(425,764)$(481,177)$(812,686)
Adjusted EBITDA (1)
$(123,610)$(188,563)$(337,037)$(417,318)
Net loss from continuing operations per share, basic and diluted$(3.89)$(14.90)$(10.12)$(30.20)
Net loss from discontinued operations$— $— $— $(4.32)
Non-GAAP net loss per share, basic and diluted(1)
$(2.75)$(9.04)$(8.05)$(21.97)
Weighted-average shares outstanding, basic and diluted51,388,962 28,573,800 47,553,460 23,544,174 
(1) A reconciliation of the non-GAAP versus GAAP information is provided below in the financial statement tables in this press release.

Webcast and Conference Call Information
Nikola will host a webcast to discuss its third quarter results and business progress at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time) on October 31, 2024. To access the webcast, parties in the United States should follow this link.

The live audio webcast, along with supplemental information, will be accessible on the Company's Investor Relations website here. A recording of the webcast will also be available following the earnings call.

About Nikola Corporation
Nikola Corporation's mission is clear: pioneering solutions for a zero-emissions world. As an integrated truck and energy company, Nikola is transforming commercial transportation, with our Class 8 vehicles, including battery-electric and hydrogen fuel cell electric trucks, and our energy brand, HYLA, driving the advancement of the complete hydrogen refueling ecosystem, covering supply, distribution and dispensing.

Nikola headquarters is based in Phoenix, Ariz. with a manufacturing facility in Coolidge, Ariz.

Experience our journey to achieve your sustainability goals at nikolamotor.com or engage with us on social media via Facebook @nikolamotorcompany, Instagram @nikolamotorcompany, YouTube @nikolamotorcompany, LinkedIn @nikolamotorcompany or X / Twitter @nikolamotor



3

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of federal securities laws with respect to Nikola Corporation (the "Company"), including statements relating to: the Company’s belief that the third quarter is an example of how it is executing its strategic and operational objectives by strengthening its resolve to push forward, meet the demands of end fleets, and lay a path for a sustainable future; the Company’s belief that zero-emission trucks are driving the future of Class 8 mobility; the Company’s beliefs regarding its role in helping to meet sustainability goals; the Company's future financial and business performance, truck sale guidance, business plan, strategy, focus, opportunities and milestones; the benefits and momentum in the Company’s profitability flywheel; customer demand for trucks; the Company’s beliefs regarding its competition and competitive position; the Company’s business outlook; the Company’s expectations regarding hydrogen refueling solutions and timelines; expectations related to the battery-electric truck recall; and the Company’s beliefs regarding the benefits and attributes of its trucks, and customer experience. These forward-looking statements other than statements of historical fact, and generally are identified by words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: the Company’s ability to continue as a going concern; the Company’s cash needs and obligations, and changes in its cash needs and obligations; the Company’s its ability to raise sufficient capital to continue to operate its business; the Company’s ability to achieve cost reductions and decrease its cash usage; the ability of the Company to successfully execute its business plan; design and manufacturing changes and delays, including shortages of parts and materials and other supply challenges; the continued availability of hydrogen refueling solutions; general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; demand for and customer acceptance of the Company’s trucks and hydrogen refueling solutions; the results of customer pilot testing; the execution and terms of definitive agreements with strategic partners and customers; the failure to convert LOIs or MOUs into binding orders; the cancellation of orders; risks associated with development and testing of fuel cell power modules and hydrogen storage systems; risks related to the recall, including higher than expected costs, the discovery of additional problems, delays retrofitting the trucks and delivering such trucks to customers, supply chain and other issues that may create additional delays, order cancellations as a result of the recall, litigation, complaints and/or product liability claims, and reputational harm; risks related to the rollout of the Company’s business and milestones and the timing of expected business milestones; the effects of competition on the Company’s business; the Company’s capital needs ability to raise capital; the Company’s ability to achieve cost reductions and decrease its cash usage; the grant, receipt and continued availability of federal and state incentives; and the factors, risks and uncertainties regarding the Company's business described in the "Risk Factors" section of the Company's Quarterly Report on Form 10-Q, for the quarter ended June 30, 2024 filed with the SEC, in addition to the Company's subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause the Company's actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

4


Use of Non-GAAP Financial Measures
This press release references Adjusted EBITDA and non-GAAP net loss per share, basic and diluted, all of which are non-GAAP financial measures and are presented as supplemental measures of the Company's performance. The Company defines Adjusted EBITDA as earnings before interest expense, taxes, depreciation and amortization, stock-based compensation expense, and certain other items determined by the Company. Non-GAAP net loss is defined as net loss adjusted for stock-based compensation expense and certain other items determined by the Company. Non-GAAP net loss per share, basic and diluted is defined as non-GAAP net loss divided by weighted average basic and diluted shares outstanding. These non-GAAP measures are not substitutes for or superior to measures of financial performance prepared in accordance with generally accepted accounting principles in the United States (GAAP) and should not be considered as an alternative to any other performance measures derived in accordance with GAAP.
The Company believes that presenting these non-GAAP measures provides useful supplemental information to investors about the Company in understanding and evaluating its operating results, enhancing the overall understanding of its past performance and future prospects, and allowing for greater transparency with respect to key financial metrics used by its management in financial and operational-decision making. However, there are a number of limitations related to the use of non-GAAP measures and their nearest GAAP equivalents. For example, other companies may calculate non-GAAP measures differently or may use other measures to calculate their financial performance, and therefore any non-GAAP measures the Company uses may not be directly comparable to similarly titled measures of other companies.
5

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share data)
(Unaudited)
Three Months Ended
September 30,		 Nine Months Ended
September 30,
2024202320242023
Revenues:
Truck sales$24,847 $(2,368)$61,008 $19,693 
Service and other 334 636 2,989 4,614 
Total revenues25,181 (1,732)63,997 24,307 
Cost of revenues:
Truck sales82,205 122,679 222,946 195,902 
Service and other 4,919 1,092 15,295 4,236 
Total cost of revenues87,124 123,771 238,241 200,138 
Gross loss(61,943)(125,503)(174,244)(175,831)
Operating expenses:
Research and development (1)
41,800 41,966 121,458 168,286 
Selling, general, and administrative (1)
41,629 57,982 126,157 159,443 
Impairment expense33,419 — 33,419 — 
Loss on supplier deposits— 716 — 18,433 
Total operating expenses116,848 100,664 281,034 346,162 
Loss from operations(178,791)(226,167)(455,278)(521,993)
Other income (expense):
Interest expense, net(10,875)(52,680)(17,094)(71,262)
Gain on divestiture of affiliate— — — 70,849 
Loss on debt extinguishment(871)— (3,184)(20,362)
Other income (expense), net(9,417)(146,654)(4,664)(151,969)
Loss before income taxes and equity in net profit (loss) of affiliates(199,954)(425,501)(480,220)(694,737)
Income tax expense— 1 92 1 
Loss before equity in net profit (loss) of affiliates(199,954)(425,502)(480,312)(694,738)
Equity in net profit (loss) of affiliates173 (262)(865)(16,287)
Net loss from continuing operations(199,781)(425,764)(481,177)(711,025)
Discontinued operations:
Loss from discontinued operations— — — (76,726)
Loss from deconsolidation of discontinued operations— — — (24,935)
Net loss from discontinued operations— — — (101,661)
Net loss$(199,781)$(425,764)$(481,177)$(812,686)
Basic and diluted net loss per share (2):
Net loss from continuing operations$(3.89)$(14.90)$(10.12)$(30.20)
Net loss from discontinued operations$— $— $— $(4.32)
Net loss$(3.89)$(14.90)$(10.12)$(34.52)
Weighted-average shares outstanding, basic and diluted (2)
51,388,962 28,573,800 47,553,460 23,544,174 
6


(1) Includes stock-based compensation as follows:

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Cost of revenues$434 $414 $1,114 $1,813 
Research and development2,473 3,383 7,825 19,043 
Selling, general, and administrative5,694 14,862 16,398 48,060 
Total stock-based compensation expense$8,601 $18,659 $25,337 $68,916 

(2) Shares issued and outstanding have been adjusted to reflect the one-for-thirty (1-for-30) reverse stock split that became effective on June 24, 2024.


7

CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
(Unaudited)

September 30,December 31,
20242023
Assets
Current assets
Cash and cash equivalents$198,301 $464,715 
Restricted cash and cash equivalents3,374 1,224 
Accounts receivable, net51,773 17,974 
Inventory76,076 62,588 
Prepaid expenses and other current assets61,996 25,911 
Total current assets391,520 572,412 
Restricted cash and cash equivalents16,086 28,026 
Long-term deposits17,256 14,954 
Property, plant and equipment, net490,244 503,416 
Intangible assets, net52,130 85,860 
Investment in affiliate56,197 57,062 
Goodwill— 5,238 
Other assets12,610 7,889 
Total assets$1,036,043 $1,274,857 
Liabilities and stockholders' equity
Current liabilities
Accounts payable$57,161 $44,133 
Accrued expenses and other current liabilities205,508 207,022 
Debt and finance lease liabilities, current73,111 8,950 
Total current liabilities335,780 260,105 
Long-term debt and finance lease liabilities, net of current portion270,018 269,279 
Operating lease liabilities6,806 4,765 
Other long-term liabilities44,193 21,534 
Total liabilities656,797 555,683 
Commitments and contingencies
Stockholders' equity
Preferred stock— — 
Common stock6 4 
Additional paid-in capital3,931,702 3,790,401 
Accumulated deficit(3,552,246)(3,071,069)
Accumulated other comprehensive loss(216)(162)
Total stockholders' equity379,246 719,174 
Total liabilities and stockholders' equity$1,036,043 $1,274,857 
8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
Nine Months Ended September 30,
20242023
Cash flows from operating activities
Net loss$(481,177)$(812,686)
Less: Loss from discontinued operations— (101,661)
Loss from continuing operations(481,177)(711,025)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Depreciation and amortization33,408 28,758 
Stock-based compensation25,337 68,916 
Equity in net loss of affiliates865 16,287 
Revaluation of financial instruments6,284 195,132 
Revaluation of contingent stock consideration— (43,981)
Inventory write-downs56,587 64,500 
Non-cash interest expense11,906 72,846 
Loss on supplier deposits— 18,433 
Gain on divestiture of affiliate— (70,849)
Loss on debt extinguishment3,184 20,362 
Loss on disposal of assets2,921 — 
Impairment expense33,419 — 
Other non-cash activity5,674 3,888 
Changes in operating assets and liabilities:
Accounts receivable, net(33,799)20,932 
Inventory(71,085)(9,983)
Prepaid expenses and other current assets(14,017)(48,332)
Other assets(1,595)(2,384)
Accounts payable, accrued expenses and other current liabilities(3,478)(1,672)
Long-term deposits(262)(1,377)
Operating lease liabilities(2,769)(1,191)
Other long-term liabilities29,064 2,316 
Net cash used in operating activities(399,533)(378,424)
Cash flows from investing activities
Purchases and deposits of property, plant and equipment(43,740)(108,409)
Proceeds from the sale of assets21,398 20,742 
Divestiture of affiliate— 35,000 
Payments to Assignee— (2,725)
Investments in affiliate— (250)
Net cash used in investing activities(22,342)(55,642)

9

Cash flows from financing activities
Proceeds from the exercise of stock options— 7,393 
Proceeds from issuance of shares under the Tumim Purchase Agreements— 67,587 
Proceeds from registered direct offering, net of underwriter's discount— 63,456 
Proceeds from public offering, net of underwriter's discount— 32,244 
Proceeds from issuance of common stock under Equity Distribution Agreement, net of commissions and other fees paid73,464 115,027 
Proceeds from issuance of convertible notes80,000 217,075 
Proceeds from issuance of financing obligation, net of issuance costs— 53,548 
Proceeds from insurance premium financing4,598 5,223 
Repayment of debt and promissory notes(522)(45,287)
Payment for Coupon Make-Whole Premium(4,579)— 
Payments on insurance premium financing(3,661)(3,550)
Payments on finance lease liabilities and financing obligation(3,549)(459)
Payments for issuance costs(80)— 
Net cash provided by financing activities145,671 512,257 
Net increase (decrease) in cash and cash equivalents, including restricted cash and cash equivalents(276,204)78,191 
Cash and cash equivalents, including restricted cash and cash equivalents, beginning of period493,965 313,909 
Cash and cash equivalents, including restricted cash and cash equivalents, end of period$217,761 $392,100 
Cash flows from discontinued operations:
Operating activities$— $(4,964)
Investing activities— (1,804)
Financing activities— (572)
Net cash used in discontinued operations$— $(7,340)
10

Reconciliation of GAAP Financial Metrics to Non-GAAP
(In thousands, except share and per share data)
(Unaudited)

Reconciliation of Net Loss from continuing operations to EBITDA and Adjusted EBITDA
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(in thousands)
Net loss from continuing operations$(199,781)$(425,764)$(481,177)$(711,025)
Interest expense, net10,875 52,680 17,094 71,262 
Income tax expense— 1 92 1 
Depreciation and amortization11,720 16,996 33,408 28,758 
EBITDA(177,186)(356,087)(430,583)(611,004)
Impairment expense33,419 — 33,419 — 
Stock-based compensation8,601 18,659 25,337 68,916 
Loss on supplier deposits— 716 — 18,433 
Gain on divestiture of affiliate— — — (70,849)
Loss on debt extinguishment871 — 3,184 20,362 
Loss / (gain) on disposal of assets(237)— 2,921 — 
Equipment purchase cancellation— — 15,613 — 
Revaluation of financial instruments8,431 145,717 6,284 151,151 
Regulatory and legal matters (1)
2,491 2,432 6,788 5,673 
Adjusted EBITDA$(123,610)$(188,563)$(337,037)$(417,318)

(1) Regulatory and legal matters include legal, advisory, and other professional service fees incurred in connection with a short-seller article from September 2020, and investigations and litigation related thereto.

Reconciliation of GAAP to Non-GAAP Net Loss, and GAAP to Non-GAAP Net Loss per Share, basic and diluted
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(in thousands, except share and per share data)
Net loss from continuing operations$(199,781)$(425,764)$(481,177)$(711,025)
Impairment expense33,419 — 33,419 — 
Stock-based compensation8,601 18,659 25,337 68,916 
Debt issuance costs for Senior Convertible Notes4,890 — 4,890 — 
Loss on supplier deposits— 716 — 18,433 
Gain on divestiture of affiliate— — — (70,849)
Loss on debt extinguishment871 — 3,184 20,362 
Revaluation of financial instruments8,431 145,717 6,284 151,151 
Loss / (gain) on disposal of assets(237)— 2,921 — 
Equipment purchase cancellation— — 15,613 — 
Regulatory and legal matters (1)
2,491 2,432 6,788 5,673 
Non-GAAP net loss$(141,315)$(258,240)$(382,741)$(517,339)
Net loss from continuing operations per share, basic and diluted (2)
$(3.89)$(14.90)$(10.12)$(30.20)
Non-GAAP net loss per share, basic and diluted$(2.75)$(9.04)$(8.05)$(21.97)
Weighted average shares outstanding, basic and diluted (2)
51,388,962 28,573,800 47,553,460 23,544,174 

11

(1) Regulatory and legal matters include legal, advisory, and other professional service fees incurred in connection with a short-seller article from September 2020, and investigations and litigation related thereto.
(2) Shares issued and outstanding have been adjusted to reflect the one-for-thirty (1-for-30) reverse stock split that became effective on June 24, 2024.

Reconciliation of Cash flows to Adjusted Free Cash Flow
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(in thousands)
Most comparable GAAP measure:
Net cash used in operating activities$(149,377)$(91,259)$(399,533)$(378,424)
Net cash used in investing activities(13,558)(115)(22,342)(55,642)
Net cash provided by financing activities98,080 188,119 145,671 512,257 
Non-GAAP measure:
Net cash used in operating activities(149,377)(91,259)(399,533)(378,424)
Purchases of property, plant and equipment(13,558)(20,690)(43,740)(108,409)
Adjusted free cash flow$(162,935)$(111,949)$(443,273)$(486,833)

INVESTOR INQUIRIES:
investors@nikolamotor.com
12
v3.24.3
Cover
Oct. 31, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Oct. 31, 2024
Entity Registrant Name Nikola Corporation
Entity Incorporation, State or Country Code DE
Entity File Number 001-38495
Entity Tax Identification Number 82-4151153
Entity Address, Address Line One 4141 E Broadway Road
Entity Address, City or Town Phoenix
Entity Address, State or Province AZ
Entity Address, Postal Zip Code 85040
Local Phone Number 480
City Area Code 581-8888
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, $0.0001 par value per share
Trading Symbol NKLA
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0001731289
Amendment Flag false
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