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Nikola Motor
Nikola Corporation (formerly known as Nikola Motor Company) is an American manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions. It presented several concept vehicles from 2016 to 2020, the first of which was a natural gas fueled turbine-electric semi truck. The company went public on June 4, 2020. In February 2022, the company projected deliveries of between 300 and 500 of its first battery-electric semitrucks — known as the Nikola Tre — to customers. The company delivered its first two battery-electric trucks in December 2021. The company is named in honor of Nikola Tesla, but not related to the inventor. Nikola Corporation is based in Phoenix, Arizona. In September 2020, the Securities and Exchange Commission and the Department of Justice launched investigations into securities fraud allegations. In July 2021, a United States federal grand jury indicted Nikola founder and former CEO Trevor Milton, but did ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hindenburg Research
Hindenburg Research LLC was a U.S. investment research firm with a focus on activist short-selling founded by Nathan Anderson in 2017. Named after the 1937 ''Hindenburg'' disaster, which they characterize as a human-made avoidable disaster, the firm generated public reports via its website that allege corporate fraud and malfeasance. Companies that were the subjects of their reports include Super Micro Computer, Adani Group, Nikola, Clover Health, Block, Inc., Kandi, and Lordstown Motors. The reports also featured defenses of the practice of short-selling and explanations of how short-sells "play a critical role in exposing fraud and protecting investors." The firm disbanded in January 2025 with a note on its website from Anderson. At the time, the ''Wall Street Journal'' described it as "Wall Street’s Pre-Eminent Short Seller". In January 2025, Hindenberg Research shut down. Carvana was the subject of Hindenburg's final report. Operations Hindenburg Research prepared i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Short (finance)
In finance, being short in an asset means investing in such a way that the investor will profit if the market value of the asset falls. This is the opposite of the more common Long (finance), long Position (finance), position, where the investor will profit if the market value of the asset rises. An investor that sells an asset short is, as to that asset, a short seller. There are a number of ways of achieving a short position. The most basic is physical selling short or short-selling, by which the short seller Securities lending, borrows an asset (often a security (finance), security such as a share (finance), share of stock or a bond (finance), bond) and sells it. The short seller must later buy the same amount of the asset to return it to the lender. If the market price of the asset has fallen in the meantime, the short seller will have made a profit equal to the difference in price. Conversely, if the price has risen then the short seller will bear a loss. The short seller ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC (marque), GMC, and Cadillac, each a separate division of GM. By total sales, it has continuously been the largest automaker in the United States, and was the List of manufacturers by motor vehicle production, largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. In addition to its four core brands, GM also holds interests in Chinese brands Baojun and SAIC-GM-Wuling, Wuling via SAIC-GM-Wuling, SAIC-GM-Wuling Automobile. GM further owns GM Defense, a namesake defense vehicles division which produces military vehicles for the United States government and military, the vehicle safety, security, and information ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special-purpose Acquisition Company
A special-purpose acquisition company (SPAC; ), also known as a blank check company or a blind-pool stock offering, is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus taking the private company public through a procedure which requires less regulatory filings and has less safeguards for investors than the initial public offering (IPO) process. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the U.S., SPACs are registered with the SEC and considered publicly traded companies. The general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds." The majority of companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
YouTube
YouTube is an American social media and online video sharing platform owned by Google. YouTube was founded on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim who were three former employees of PayPal. Headquartered in San Bruno, California, it is the second-most-visited website in the world, after Google Search. In January 2024, YouTube had more than 2.7billion monthly active users, who collectively watched more than one billion hours of videos every day. , videos were being uploaded to the platform at a rate of more than 500 hours of content per minute, and , there were approximately 14.8billion videos in total. On November 13, 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $ billion in ). Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube. It also offers YouTube Premium, a paid subs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scottsdale, Arizona
Scottsdale is a city in eastern Maricopa County, Arizona, United States, and is part of the Phoenix metropolitan area. Named Scottsdale in 1894 after its founder Winfield Scott (chaplain), Winfield Scott, a retired Chaplain Corps (United States Army), U.S. Army chaplain, the city was incorporated in 1951 with a population of 2,000. At the 2020 United States census, 2020 census, the population was 241,361, which had grown from 217,385 in 2010. Its slogan is "The West's Most Western Town". Over the past two decades, it has been one of the fastest growing cities and housing markets in the United States. Scottsdale is from its northern to southernmost edge, and covers . The city is bordered by the Phoenix, Arizona, city of Phoenix to the west, Tonto National Forest to the north, the McDowell Mountains to the east, and the Salt River (Arizona), Salt River to the south. History Early history Scottsdale was originally a Akimel O'odham, Pima village known as , meaning . Some Pima peopl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Worthington Industries
Worthington Enterprises, Inc. (formerly Worthington Industries) is an industrial manufacturing company headquartered in Columbus, Ohio. The company is composed of two business segments, Consumer Products and Building Products. Within these segments, the company designs and manufactures pressure vessels such as propane, oxygen and helium tanks, refrigerant and industrial cylinders, camping and residential use cylinders, water system tanks for storage, treatment, heating, expansion and flow control, as well as a variety of retail products under several brand names. Worthington Enterprises has 39 facilities, including Joint Venture locations, worldwide and employs nearly 6,000 people. Consumer Products Worthington Enterprises is the parent company of consumer brands including Balloon Time helium tanks, Bernzomatic, Garden Weasel, General, HALO, Hawkeye, Level5 Tools, Mag-Torch, Pactool International and more. Worthington Enterprises is the only manufacturer of disposable 1lb pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coolidge, Arizona
Coolidge is a city in Pinal County, Arizona, United States. According to the 2020 census, the city's population is 13,218. Coolidge is home of the Casa Grande Ruins National Monument. The monument was the first historic site to receive protected status by the United States Government in 1892. Coolidge is also home to both Central Arizona College and the Central Arizona Valley Institute of Technology. History The area containing what is now the City of Coolidge was occupied by the Hohokam, an indigenous ancient Sonoran Desert people who built a massive compound consisting many of caliche structures and remained in the area for over 1,000 years. The only remaining and preserved structure from this compound is the Casa Grande Ruins National Monument. The modern history of the city is centered around agriculture, particularly cotton. Coolidge was founded in 1925 when R.J. Jones laid out an site during the construction of the Coolidge Dam on the nearby Gila River, which was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glider (automobiles)
In the United States, with regard to automobiles, a glider is a vehicle without a powertrain (especially without an engine). Gliders are generally sold as unused car bodies, but a second-hand car may also be stripped of its powertrain and sold as a glider. The purpose of such a vehicle is to be used as a base for a non-standard powertrain, to create a novel variation of a conventional vehicle, custom car, exotic vehicle, or homemade electric vehicle conversion. The term is analogous to an aircraft with no engine being a glider. Glider kit A glider kit is a term for a kit used to restore or reconstruct a wrecked or dismantled truck or tractor unit. All glider kits include a frame, front axle, and body ( cab). The kit may also contain other optional components. A motor vehicle constructed from a glider kit is titled as a new vehicle in the United States. An exception to this is the state of Georgia where, when issued, for a tractor cab restored with a glider kit will always be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utah
Utah is a landlocked state in the Mountain states, Mountain West subregion of the Western United States. It is one of the Four Corners states, sharing a border with Arizona, Colorado, and New Mexico. It also borders Wyoming to the northeast, Idaho to the north, and Nevada to the west. In comparison to all the U.S. states and territories, Utah, with a population of just over three million, is the List of U.S. states and territories by area, 13th largest by area, the List of U.S. states and territories by population, 30th most populous, and the List of U.S. states by population density, 11th least densely populated. Urban development is mostly concentrated in two regions: the Wasatch Front in the north-central part of the state, which includes the state capital, Salt Lake City, and is home to roughly two-thirds of the population; and Washington County, Utah, Washington County in the southwest, which has approximately 180,000 residents. Most of the western half of Utah lies in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
