Nikola Management
Management criteria checks 1/4
Nikola's CEO is Steve Girsky, appointed in Aug 2023, has a tenure of 1.33 years. total yearly compensation is $8.80M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $155.61K. The average tenure of the management team and the board of directors is 1.3 years and 4 years respectively.
Key information
Steve Girsky
Chief executive officer
US$8.8m
Total compensation
| CEO salary percentage | 4.4% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Nikola: Take Your Money And Run (Technical Analysis)
Nov 29Nikola: Running Out Of Funds And Financing Options - Strong Sell
Nov 01Nikola's 'One Truck At A Time' Strategy Has Only 2 Outcomes
Oct 04Buy Nikola On Weakness To Exploit The Likely Strong Future Of Hydrogen Trucks
Sep 25Nikola: Improved Results But Nowhere Near Viability - Sell
Aug 12Nikola Corporation: Sell The Rally As Further Dilution May Be Looming
Jul 09Nikola Corporation: Messy Picture Continues - Strong Sell (Rating Downgrade)
May 14Nikola Stock Surges Past $1 Milestone After Nearly 4 Months; Is It A Buy Now?
Apr 01Nikola Corporation: Weak 2024 Outlook With More Dilution Likely Ahead - Sell
Mar 01Earnings Release: Here's Why Analysts Cut Their Nikola Corporation (NASDAQ:NKLA) Price Target To US$2.33
May 11
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$635m |
| Jun 30 2024 | n/a | n/a | -US$861m |
| Mar 31 2024 | n/a | n/a | -US$867m |
| Dec 31 2023 | US$9m | US$388k | -US$865m |
| Sep 30 2023 | n/a | n/a | -US$887m |
| Jun 30 2023 | n/a | n/a | -US$697m |
| Mar 31 2023 | n/a | n/a | -US$730m |
| Dec 31 2022 | US$294k | n/a | -US$738m |
| Sep 30 2022 | n/a | n/a | -US$722m |
| Jun 30 2022 | n/a | n/a | -US$753m |
| Mar 31 2022 | n/a | n/a | -US$723m |
| Dec 31 2021 | US$327k | n/a | -US$690m |
| Sep 30 2021 | n/a | n/a | -US$673m |
| Jun 30 2021 | n/a | n/a | -US$485m |
| Mar 31 2021 | n/a | n/a | -US$471m |
| Dec 31 2020 | US$813k | n/a | -US$384m |
Compensation vs Market: Steve's total compensation ($USD8.80M) is above average for companies of similar size in the US market ($USD653.16K).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
CEO
Steve Girsky (62 yo)
1.3yrs
Tenure
US$8,798,118
Compensation
Mr. Stephen J. Girsky, also known as Steve, serves as President and Chief Executive Officer at Nikola Corporation since August 04, 2023 and served as its Acting Chief Financial Officer since February 14, 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$8.80m | 0.16% $ 155.6k | |
| Chief Operating Officer | 1.2yrs | US$2.49m | 0.018% $ 17.7k | |
| Chief Legal Officer & Secretary | 4.5yrs | US$1.24m | 0.017% $ 16.8k | |
| Chief Financial Officer | less than a year | no data | 0.095% $ 94.8k | |
| Head of Investor Relations | no data | no data | no data | |
| Senior Vice President of Sales & Commercial Operations | 2.1yrs | no data | no data | |
| Chief Human Resources Officer | 4.5yrs | US$2.15m | 0.011% $ 11.1k | |
| Global Head of Vehicle Engineering | no data | no data | no data | |
| President of Energy | no data | no data | no data | |
| President of Energy | less than a year | no data | 0.0028% $ 2.8k | |
| Chief Commercial Officer | less than a year | no data | no data | |
| Corporate Controller | no data | no data | no data |
1.3yrs
Average Tenure
59yo
Average Age
Experienced Management: NKLA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$8.80m | 0.16% $ 155.6k | |
| Independent Chairman | 4.3yrs | US$344.83k | 0.031% $ 31.3k | |
| Independent Director | 4yrs | US$90.20k | 0.0084% $ 8.4k | |
| Independent Director | 4.1yrs | US$82.00k | 0.0079% $ 7.9k | |
| Independent Director | 2.2yrs | US$82.00k | 0.0067% $ 6.7k | |
| Independent Director | 4.5yrs | US$82.00k | 0.0087% $ 8.7k | |
| Independent Director | less than a year | US$42.45k | 0.0026% $ 2.5k | |
| Independent Director | 1.3yrs | US$79.12k | 0.0041% $ 4.1k | |
| Independent Director | less than a year | no data | 0.0016% $ 1.6k |
4.0yrs
Average Tenure
61yo
Average Age
Experienced Board: NKLA's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nikola Corporation is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Mordelle | Bryan Garnier & Co |
| Paul de Froment | Bryan Garnier & Co |
| Gregory Lewis | BTIG |