Steve Girsky

EV truck maker Nikola Corp. (NASDAQ:NKLA) is reportedly exploring options including selling parts or all of the company to prevent a cash crunch. What Happened: Nikola is also considering options including bringing on partners or raising new funds, according to a Bloomberg report, citing people...

Electric-vehicle stocks had a down week amid stock market volatility, but China-based companies rode the momentum imparted by the stimulus measures announced by the country to kickstart economic growth. Market leader Tesla, Inc.‘s (NASDAQ:TSLA) rally stalled as traders did not take kindly to...

Nikola Corp (NASDAQ:NKLA) CEO Steve Girsky said on Friday that the EV truck company is not concerned about competition from rival companies including Tesla Inc. What Happened: One of Nikola’s customers started their transition to EVs by purchasing six battery-electric trucks from a rival EV...

Walmart Canada has added a hydrogen fuel cell-powered electric semi-truck from Nikola Corp. (NASDAQ:NKLA) to its fleet, making it the first major retailer in the country to do so, the EV truck maker said on Thursday. What Happened: The new truck will be deployed in Ontario for longer-haul trips,...

EV truck maker Nikola Corp (NASDAQ:NKLA) saw the average sales price of its fuel cell electric vehicle (FCEV) trucks rise by $30,000 in the first quarter as compared to the prior quarter, contrary to other EV makers who have been witnessing their vehicle prices fall amid a severe price war. However...

EV maker Nikola (NASDAQ:NKLA) on Monday named former General Motors executive Thomas B Okray as its new Chief Financial Officer (CFO). What Happened: Okray spent over 14 years with General Motors in positions including CFO of Global Product Development and Vice President of the Fiat-GM Powertrain...

Troubled electric truck maker Nikola Corp. (NASDAQ:NKLA) has appointed CEO Stephen Girsky as the company’s new acting Chief Financial Officer, following the departure of its previous CFO in November. CEO Takes on Additional Role: In a filing on Wednesday, Nikola...

Nikola Corp (NASDAQ:NKLA) Steve Girsky is positive about the company’s prospects in 2024 after a year that was swamped with setbacks including multiple fire incidents with its battery-electric trucks, a subsequent recall, and several management reshuffles. What Happened: "I think our...

Nikola Corp (NASDAQ:NKLA) outlined its post-recall strategy on Thursday, following the callback initiated in August for all its battery electric trucks due to multiple fire incidents. The company attributed the fires to coolant leaks within the battery packs and instructed dealers...

Nikola Corp (NASDAQ:NKLA) on Thursday celebrated the commercial launch of its hydrogen fuel cell EV (FCEV)— a class-8 truck— at its facility in Coolidge, Arizona. What Happened: “As we head into the fourth quarter, we are focused on delivering our trucks at scale and securing our position as...

General Motors Corp. (NYSE:GM), which is far behind Tesla, Inc. (NASDAQ:TSLA) in the electric vehicle race, once did not attach much significance to the latter or its EV dreams. What Happened: GM executives once shrugged off Tesla as a "bunch of engineers playing with laptop batteries," said Nikola...

Electric vehicle stocks capitalized on the strength seen in the broader market, with most advancing solidly for the week. EV pioneer Tesla, Inc. (NASDAQ:TSLA) gained early on as Morgan Stanley’s Adam Jonas upgraded the stock and raised the price target to $400, citing the potential of the...

Nikola Corp (NASDAQ:NKLA) CEO Steve Girsky on Wednesday termed the several cases of fire reported with its battery electric trucks a ‘setback’ and detailed the measures being undertaken to fix the issue. Several incidents of fire have been reported with Nikola battery electric trucks (...

Editor's Note: Adds additional comment from Osborne Nikola Corp. (NASDAQ: NKLA) Executive Chairman Trevor Milton is out at the electric truck startup he founded following a brutal report 10 days ago by a short seller of Nikola stock that accused him of lying about the company's technology...

The past two weeks have been a whirlwind of news for General Motors (NYSE: GM). Not only has the automaker emerged from government bailout and named its first female CEO, it's also been announcing some dramatic changes to its international operations. On Thursday, GM said it was selling its...