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Nikola asks customers with electric trucks under recall for potential battery fires to return them to its plant.

After Amazon announced it would become the first customer for Stellantis’ ProMaster electric van, Rivian stock tumbled, dropping more than 20% at one point.

In some big news for the rideshare giant, Uber on Tuesday revised its Q3 2021 outlook and now expects earnings before interest, taxes, depreciation and amortization to be positive as early as this quarter. Shares of the company’s stock ended the day up about 11.5% on the news. In an SEC filing, Uber (NYSE: UBER) […]

Lockup expiration sends Nikola shareholders heading for the exits for second consecutive day as stock loses about 40% of its value.

Nikola Corp. founder Trevor Milton can sell his 92 million shares on Monday, creating a glut of stock that could drive the already volatile share price lower.

Nikola Corp.’s hunt for a partner to build hydrogen fueling stations for its electric trucks stalled because of a short seller report attacking founder Trevor Milton on the startup’s technology claims, the Wall Street Journal reported.

Nikola Executive Chairman Trevor Milton says buzz-building is part of the startup electric truck company’s growth strategy as its closes in on producing Class 8 trucks.

High-flying Nikola Corp. (NASDAQ: NKLA) came back to earth Thursday as early investors in the electric truck startup sold discounted shares at a handsome profit. With lockup provisions lifted, investors in a private investment in public equity (PIPE) with VectoIQ were allowed to sell most of the 53.3 million shares purchased for $10 each before […]

XPO Logistics has disputed the content of a report from Spruce Point Capital Management, a noted short-seller of stocks, that claims XPO has “perpetuated a massive financial scheme on the public.”

The first major transportation provider out of the box with first-quarter earnings has posted a better-than-expected result in revenues with J.B. Hunt Transport Services topped revenue estimates for the quarter.