Live Watch: Treasury Secretary Bessent testifies before House committee IOB - Delayed Quote • USD Nikola Corporation (0A3R.IL) Follow Add holdings 0.1200 -0.0020 (-1.64%) As of 3:00:21 PM GMT+1. Market Open. All News Press Releases SEC Filings Trump Pardons Nikola Founder Trevor Milton Nikola founder Trevor Milton, who was convicted of fraud in federal court for what prosecutors said were lies to investors about his zero-emission trucks, spoke with WSJ about his recent pardon by President Trump. President Trump pardoned Nikola founder Trevor Milton, who had been convicted of fraud in federal court for what prosecutors said were his lies to investors about his zero-emissions trucks. Alphabet, Wolfspeed, Nikola: Market Minute Wealth host Brad Smith looks at the top stories on this segment of Market Minute. Alphabet (GOOG, GOOGL) stock is falling has agreed to pay $100 million to settle a lawsuit with advertisers. Wolfspeed (WOLF) stock collapses to a 27-year low. President Trump has pardoned Nikola (NKLAQ) founder, Trevor Milton, who was sentenced to four years in prison for defrauding investors. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Nikola founder Trevor Milton says he was granted a full pardon by Trump Milton was sentenced to four years in prison in 2023 after a jury found him guilty of lying to investors about the company's technology. A White House official has confirmed the pardon. Nikola did not immediately respond to requests for comment. Nikola filed for bankruptcy. Meet the other failed EV startups Electric vehicle startup Nikola (NKLA) filed for Chapter 11 bankruptcy protection on Feb. 19, completing the former Wall Street darling’s backslide. Walmart earnings, EV latest, Fed eyes tariff impacts: ICYMI The action never stops for Wall Street investors and top economists. Here's a brief recap in case you missed any of the week's big headlines. Walmart (WMT) shares declined after the retail giant beat fourth quarter earnings estimates while issuing cautious guidance. Learn more here: Walmart earnings: Retailer 'well-positioned' for a beat-and-raise EV maker Nikola (NKLA) filed for Chapter 11 bankruptcy, while Rivian (RIVN) released its latest quarterly results. Learn more here: Rivian's weak sales outlook shows 'real demand issue' for EVs Tesla 'should take a look' at Nissan opportunity, analyst says Nikola files for Chapter 11 bankruptcy. EV stock nosedives. Yahoo Finance heard from an array of Wall Street experts and Federal Reserve Bank of Atlanta President Raphael Bostic this week over how the central bank is viewing the tariff impacts on inflation. Learn more here: How the Trump admin. is trying to bring down yields Tariff uncertainty is 'destabilizing' for consumers and companies Short-term investing: Creating capital appreciation through bonds Consumers are 'tapped out' on further price hikes: Fed's Bostic For more expert insight and the latest market action, click here. This post was written by Luke Carberry Mogan. Tesla 'should take a look' at Nissan opportunity, analyst says Japan is reportedly pursuing an investment from Tesla (TSLA) in Nissan (7201.T, NSANY), according to reporting from the Financial Times, after merger talks fell through between Nissan and Honda (HMC, 7267.T). CFRA analyst Garrett Nelson shares his read of the report and the electric vehicle (EV) space at large with Seana Smith and Brad Smith on Morning Brief. "No question, it's a difficult environment, especially if you're a small EV startup that maybe went public three or four years ago," Nelson says, nodding to Nikola's (NKLA) recent bankruptcy filing. "I think Nissan would like to do a deal with Tesla. We know that there are discussions with Honda, [that] reportedly fell through recently," the analyst says, adding, that Nissan is "in a very difficult spot" as "they're like a lot of traditional automakers and that they've been losing market share for a long time now, both to Chinese upstart automakers as well as companies like Tesla who have grown their volume dramatically over the last few years." He notes that "Tesla hasn't indicated any interest in Nissan, but we do think they should take a look at this opportunity. It could make sense for them." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. Jim Cramer Talks About Companies That Recently Shut Down, Including Nikola Corporation (NKLA) We recently compiled a list of the Jim Cramer Discussed These 11 Stocks & Erratic Stock Market Performance. In this article, we are going to take a look at where Nikola Corporation (NASDAQ:NKLA) stands against the other stocks. In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the erratic behavior displayed […] In the Trump Era, Flying Green Doesn’t Matter Anymore The president’s endorsement has pushed up air-taxi stocks, but development of all types of zero-emission aircraft is falling by the wayside. Nikola’s Bankruptcy a Reality Check for Diesel Alternatives Nikola’s bankruptcy is a reality check for the push toward zero-emission freight. Once hailed as the Tesla of trucking, Nikola’s failure highlights the immense challenges of replacing diesel with electric and hydrogen-powered alternatives. While policymakers and environmental advocates push for green energy solutions, the trucking industry remains bound by the need for reliability, infrastructure, and economic viability. With limited charging and hydrogen refueling networks, high costs, and perf Nikola files for bankruptcy and plans to auction assets The company plans to maintain certain non-dealer service and maintain support for its trucks and HYLA fuelling operations until March. Hydrogen-Powered Big Rigs Face a Reckoning The bankruptcy of onetime green-energy favorite Nikola is puncturing hopes for hydrogen in trucking. Nikola, Once a Darling of Green Investment, Files for Bankruptcy The much-hyped electric vehicle maker that briefly sported a market value comparable to Ford, has filed for bankruptcy with plans to wind down its business. Electric truck startup Nikola files for bankruptcy After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for bankruptcy Wednesday. Nikola Stock Plunges on Chapter 11 Bankruptcy Filing Shares of Nikola a battery and hydrogen fuel-cell-powered truck maker, plunged after the company announced on Wednesday that it and its subsidiaries have filed for Chapter 11 bankruptcy protection. “Like other companies in the electric-vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate,” said CEO Steve Girsky. The announcement comes days after reports the company was considering a bankruptcy filing, leading to some volatility in the stock price. For Nikola, the writing was on the wall Recent filings paint a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion against liabilities ranging from $1 billion to $10 billion. The post For Nikola, the writing was on the wall appeared first on FreightWaves. Nikola Shares Plunge 38% as Company Files for Chapter 11 Bankruptcy, Plans Asset Sale Nikola Corporation filed for Chapter 11 bankruptcy in Delaware. Nikola Files for Chapter 11 Bankruptcy Protection; Shares Tumble Nikola (NKLA) said Wednesday it filed for Chapter 11 bankruptcy protection and that it plans to purs EV Startup Nikola’s stock plummets 38% after bankruptcy filing The once-promising EV startup failed to secure a buyer or additional funding, forcing it to pursue a structured sale of its assets. EV Truck Startup Nikola Files for Chapter 11 Bankruptcy Electric vehicle startup Nikola filed for Chapter 11 bankruptcy on Wednesday and plans to move forward with an auction of its assets, pending court approval. Tesla rival once valued at $30bn collapses amid electric car downturn An electric truck-maker that sought to rival Elon Musk’s Tesla has filed for bankruptcy in the US after its founder was sent to prison for fraud. Performance Overview Trailing total returns as of 5/6/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return 0A3R.IL S&P 500 (^GSPC) YTD -98.72% -4.33% 1-Year -99.93% +8.61% 3-Year -99.94% +36.47%