<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/12/nikola-1.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/12/nikola-1.jpeg"/></p>
<p>尼古拉（NKLA）股价在公司发布令人鼓舞的财务业绩并且美联储指出 9 月可能降息后继续下跌。在过去 30 天里，股价暴跌超过 22%，使得年初至今的损失达到 71%，市值降至 3.79 亿美元。</p>
<h2>尼古拉正在取得进展</h2>
<p>尼古拉最近的业绩显示，该公司正在努力成为氢燃料卡车行业的领导者。</p>
<p>该公司继续制造和交付卡车给客户，投资于氢基础设施，并获得碳销售收入。</p>
<p>第三季度公司发货 77 辆卡车，上半年发货 120 辆。对于一个刚开始销售氢燃料车辆的公司来说，这些数字是显著的。预计今年将交付 300 至 350 辆卡车。</p>
<p>本季度，公司营收为 3100 万美元，高于去年同期的 1500 万美元。预期尼古拉每卖出一辆卡车都会亏钱，这解释了其毛亏损飙升至 5400 万美元的原因。分析师预计，其年度营收将为 1.33 亿美元，明年将达到 4.15 亿美元。</p>
<p>其总净亏损从 2.17 亿美元降至 1.33 亿美元，预计公司短期内不会实现盈亏平衡。预计其每股净亏损今年将为 10.2 美分，明年为 7.68 美分。在大多数情况下，像 Rivian、Lucid Motors 和蔚来汽车这样的汽车制造商需要几年时间才能实现盈利。</p>
<h2>主要挑战仍存</h2>
<p>尼古拉取得了很多进展，这是值得赞赏的。然而，公司面临着将会随时间影响其股票表现的重大挑战。</p>
<p>首先，尼古拉存在资产负债表问题，将需要再次筹集资金。季末，其无限制现金为 2.56 亿美元，这意味着需要想办法改善现金状况。</p>
<p>尼古拉需要资金用于工资、持续的研发以及扩大其 HYLA 项目。HYLA 是尼古拉为其生态系统中的公司提供模块化氢气充电站的服务。公司希望到年底在北美拥有 14 个加油站。</p>
<p>就在最近，尼古拉表示将发行高达 1.6 亿美元的可转换为股票的优先票据。首次筹款的净收益将为 7430 万美元。</p>
<p>然而，现实是这不是尼古拉因现金流失而稀释股东权益的最后一次。多年来，尼古拉的流通股数量已从几年前不到 100 万股增加到 4847 万股以上。</p>
<p>尼古拉的第二个问题是仍处于测试阶段，公司正在试验这些氢燃料卡车。在财报电话会议上，首席财务官 Tom Okray 表示：</p>
<p>“没有人会进行演示然后说，我要购买 500 辆卡车。他们会进行演示，然后说，给我 5 或 10 辆，然后他们知道他们有凭证，他们在加利福尼亚循环使用凭证或在美国其他地区尝试不同路线。”</p>
<p>因此，存在一种风险，即一些公司可能选择继续使用柴油卡车，因为运行氢燃料卡车成本高昂。在最近的一个季度中，公司指出平均销售价格上涨了 7000 美元至 38.1 万美元，而柴油卡车的平均成本低于 30 万美元。</p>
<p>此外，由于燃料成本的原因，公司可能会因燃料成本而难以吸引车队加入其生态系统。在大多数情况下，柴油的平均成本在每加仑 3 至 5 美元之间，而氢气的成本在每千克 10 至 15 美元之间。</p>
<p>一般估计，柴油卡车每英里成本约为 57 美分，而氢燃料卡车每英里成本为 1.33 美元。因此，由于车队是低利润行业，许多车队将等待购买这些卡车。</p>
<h2>尼古拉股价分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Nikola-stock.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Nikola-stock.png"/></p>
<p>如前所述，尼古拉面临重大挑战，股价可能会继续下跌，就像过去一样。</p>
<p>尽管如此，它已形成了一个下降楔形图案，如红色所示。在大多数情况下，这是市场上最看涨的图案之一。尼古拉的空头头寸高达近 20%。</p>
<p>因此，股价有可能在未来几周经历空头挤压，这意味着做空它是有风险的。</p>
<p>本文来源于 Invezz</p>

NKLA

NKLAQ

<p>尼古拉（NKLA）股票在过去 30 天内下跌了超过 22％，尽管公司公布了有希望的财务业绩和潜在的联邦利率下调信号，但全年累计亏损达 71％。该公司在第三季度发货了 77 辆卡车，预计全年交付量为 300-350 辆。然而，尼古拉面临现金流挑战和进一步融资需求，这一点可以从计划出售可转换高级票据来证明。该公司正在与氢燃料卡车进行测试阶段，由于运营成本高，车队可能会推迟购买。股票中的下降楔形图案可能导致潜在的空头挤压</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/12/nikola-1.jpeg" alt="" original-src="https://invezz.com/wp-content/uploads/2023/12/nikola-1.jpeg"/></p>
<p>Nikola (NKLA) stock price continued its sell-off even after the company published encouraging financial results and the Federal Reserve pointed to potential rate cuts in September. It has crashed by over 22% in the last 30 days, bringing the year-to-date losses to 71% and its market cap to $379 million.</p>
<div class="lb-trans"><p>尼古拉（NKLA）股价在公司发布令人鼓舞的财务业绩并且美联储指出 9 月可能降息后继续下跌。在过去 30 天里，股价暴跌超过 22%，使得年初至今的损失达到 71%，市值降至 3.79 亿美元。</p>
</div><h2>Nikola is making progress</h2>
<div class="lb-trans"><h2>尼古拉正在取得进展</h2>
</div><p>Nikola’s recent results showed that the company was making progress as it seeks to become a leader in the hydrogen truck industry.</p>
<div class="lb-trans"><p>尼古拉最近的业绩显示，该公司正在努力成为氢燃料卡车行业的领导者。</p>
</div><p>The firm has continued to manufacture and deliver trucks to customers, invest in the hydrogen infrastructure, and also receive carbon sales.</p>
<div class="lb-trans"><p>该公司继续制造和交付卡车给客户，投资于氢基础设施，并获得碳销售收入。</p>
</div><p>It shipped 77 trucks in the third quarter and 120 of them in the first half of the year. These are notable numbers for a company that just started selling its hydrogen vehicles. It expects to deliver between 300 and 350 trucks this year.</p>
<div class="lb-trans"><p>第三季度公司发货 77 辆卡车，上半年发货 120 辆。对于一个刚开始销售氢燃料车辆的公司来说，这些数字是显著的。预计今年将交付 300 至 350 辆卡车。</p>
</div><p>For the quarter, the company’s revenue came in at $31 million, higher than the $15 million it made in the same period last year. As expected, Nikola lost money for each truck it sold, which explains why its gross loss soared to $54 million. Analysts expect that its annual revenue will be $133 million followed by $415 million next year.</p>
<div class="lb-trans"><p>本季度，公司营收为 3100 万美元，高于去年同期的 1500 万美元。预期尼古拉每卖出一辆卡车都会亏钱，这解释了其毛亏损飙升至 5400 万美元的原因。分析师预计，其年度营收将为 1.33 亿美元，明年将达到 4.15 亿美元。</p>
</div><p>Its total net loss narrowed to $133 million from $217 million, and the company is not expected to break even any time soon. Its net loss per share is expected to be 10.2 cents this year followed by 7.68 cents next year. In most cases, automakers like Rivian, Lucid Motors, and Nio take a few years before turning a profit.</p>
<div class="lb-trans"><p>其总净亏损从 2.17 亿美元降至 1.33 亿美元，预计公司短期内不会实现盈亏平衡。预计其每股净亏损今年将为 10.2 美分，明年为 7.68 美分。在大多数情况下，像 Rivian、Lucid Motors 和蔚来汽车这样的汽车制造商需要几年时间才能实现盈利。</p>
</div><h2>Major challenges remain</h2>
<div class="lb-trans"><h2>主要挑战仍存</h2>
</div><p>Nikola has made a lot of progress, which is commendable. However, the company faces substantial challenges that will impact its stock performance over time.</p>
<div class="lb-trans"><p>尼古拉取得了很多进展，这是值得赞赏的。然而，公司面临着将会随时间影响其股票表现的重大挑战。</p>
</div><p>First, Nikola has a balance sheet problem and will need to raise cash again. It ended the quarter with $256 million in unrestricted cash, meaning that it needs to find a way to improve its cash position.</p>
<div class="lb-trans"><p>首先，尼古拉存在资产负债表问题，将需要再次筹集资金。季末，其无限制现金为 2.56 亿美元，这意味着需要想办法改善现金状况。</p>
</div><p>Nikola needs money for payroll, continued research and development (R&amp;D), and expanding its HYLA program. HYLA is a service where Nikola offers modular hydrogen filling stations for companies in its ecosystem. The company hopes to have 14 fueling stations in North America by the end of the year.</p>
<div class="lb-trans"><p>尼古拉需要资金用于工资、持续的研发以及扩大其 HYLA 项目。HYLA 是尼古拉为其生态系统中的公司提供模块化氢气充电站的服务。公司希望到年底在北美拥有 14 个加油站。</p>
</div><p>Just recently, Nikola said that it would sell up to $160 million senior notes that are convertible into stocks. The net proceeds of the first tranche of the fundraising will be $74.3 million.</p>
<div class="lb-trans"><p>就在最近，尼古拉表示将发行高达 1.6 亿美元的可转换为股票的优先票据。首次筹款的净收益将为 7430 万美元。</p>
</div><p>The reality, however, is that this is not the last time that Nikola is diluting its shareholders because of its cash burn. Over the years, the number of Nikola’s outstanding shares have risen to over 48.47 million from less than 1 million a few years ago.</p>
<div class="lb-trans"><p>然而，现实是这不是尼古拉因现金流失而稀释股东权益的最后一次。多年来，尼古拉的流通股数量已从几年前不到 100 万股增加到 4847 万股以上。</p>
</div><p>The second issue for Nikola is that it is still in the testing phase, where companies are experimenting with these hydrogen trucks. In the earnings call, Tom Okray, the CFO said:</p>
<blockquote>
</blockquote>
<div class="lb-trans"><p>尼古拉的第二个问题是仍处于测试阶段，公司正在试验这些氢燃料卡车。在财报电话会议上，首席财务官 Tom Okray 表示：</p>
</div><p>“No one does a demo and says, I’m going to buy 500 trucks. They do a demo, they say, give me 5 or 10, and then they know they have vouchers and they’re cycling vouchers in California or trying different routes in other parts of the country.”</p>
<div class="lb-trans"><p>“没有人会进行演示然后说，我要购买 500 辆卡车。他们会进行演示，然后说，给我 5 或 10 辆，然后他们知道他们有凭证，他们在加利福尼亚循环使用凭证或在美国其他地区尝试不同路线。”</p>
</div><p>As such, there is a risk that some of them will opt to continue with their diesel trucks since running hydrogen trucks is costly. In its most recent quarter, the company noted that the average sale price rose by $7,000 to $381,000 while the average cost of a diesel truck goes for less than $300,000.</p>
<div class="lb-trans"><p>因此，存在一种风险，即一些公司可能选择继续使用柴油卡车，因为运行氢燃料卡车成本高昂。在最近的一个季度中，公司指出平均销售价格上涨了 7000 美元至 38.1 万美元，而柴油卡车的平均成本低于 30 万美元。</p>
</div><p>Additionally, the company may struggle to onboard fleets in its ecosystem because of fuel costs. In most cases, the average cost of diesel ranges between $3 to $5 per gallon while hydrogen costs between $10 to $15 per kilogram.</p>
<div class="lb-trans"><p>此外，由于燃料成本的原因，公司可能会因燃料成本而难以吸引车队加入其生态系统。在大多数情况下，柴油的平均成本在每加仑 3 至 5 美元之间，而氢气的成本在每千克 10 至 15 美元之间。</p>
</div><p>In most cases, it is estimated that a diesel truck costs about 57 cents a mile while a hydrogen truck costs $1.33 a mile. As a result, since fleets are low-margin businesses, many fleets will wait to buy these trucks.</p>
<div class="lb-trans"><p>一般估计，柴油卡车每英里成本约为 57 美分，而氢燃料卡车每英里成本为 1.33 美元。因此，由于车队是低利润行业，许多车队将等待购买这些卡车。</p>
</div><h2>Nikola stock price analysis</h2>
<div class="lb-trans"><h2>尼古拉股价分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Nikola-stock.png" alt="" original-src="https://invezz.com/wp-content/uploads/2024/08/Nikola-stock.png"/></p>
<p>As mentioned, Nikola faces major challenges ahead and the stock may continue falling as it has done in the past.</p>
<div class="lb-trans"><p>如前所述，尼古拉面临重大挑战，股价可能会继续下跌，就像过去一样。</p>
</div><p>Nonetheless, it has formed a falling wedge pattern, which is shown in red. In most cases, this is one of the most bullish patterns in the market. Nikola is also highly shorted with a short interest of almost 20%.</p>
<div class="lb-trans"><p>尽管如此，它已形成了一个下降楔形图案，如红色所示。在大多数情况下，这是市场上最看涨的图案之一。尼古拉的空头头寸高达近 20%。</p>
</div><p>Therefore, there is a likelihood that the stock will go through a short squeeze in the coming weeks, meaning that shorting it is risky.</p>
<div class="lb-trans"><p>因此，股价有可能在未来几周经历空头挤压，这意味着做空它是有风险的。</p>
</div><p>The post Nikola stock: short interest, falling wedge, points to a short squeeze appeared first on Invezz</p>
<div class="lb-trans"><p>本文来源于 Invezz</p>
</div>

Nikola 股票：空头头寸和下降楔形暗示可能出现空头挤压