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Nikola Corporation  (NKLA)
 

NKLA's Market share relative to its competitors, as of Q4 2024

As of Q4 2024 (Revenue in Millions of $)

Date modified: 2026-05-22T16:02:50+00:00




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COMPANY NAME REVENUES
12 Months Ending
Q4 2024		 MARKET SHARE
12 Months
Q4 2024		 MARKET SHARE
MRQ
Q4 2024		 MARKET SHARE
A Quarter Before
Q3 2024
Nikola Corporation 68.57 0.07% 0.02 % 0.11 %
Tesla Inc 97,879.00 99.72% 99.83% 99.70%
Spruce Power Holding Corporation 111.41 0.11% 0.11% 0.10%
Xos Inc 51.34 0.05% 0.02% 0.05%
Ideanomics inc 19.86 0.02% 0.01% 0.00%
Hyzon Motors Inc 10.73 0.01% 0.00% 0.00%
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NKLA's Market share relative to its competitors, as of Q4 2024 within the EV, Auto & Truck Manufacturers Industry
As of Q4 2024



COMPANY NAME MARKET SHARE
12 Months Ending
Q4 2024		 MARKET SHARE
12 Months Ending
Q3 2024		 MARKET SHARE
MRQ
Q4 2024		 MARKET SHARE

Q3 2024
Nikola Corporation 0.07% 0.08% 0.02 % 0.11 %
Tesla Inc 99.91% 99.87% 99.97% 99.86%
Ideanomics inc 0.02% 0.04% 0.01% 0.00%
Electrameccanica Vehicles Corp 0.00% 0.01% 0.00% 0.00%
Bollinger Innovations Inc 0.00% 0.00% 0.00% 0.02%



NKLA's Market share relative to its competitors, as of Q4 2024 within the Consumer Discretionary Sector
As of Q4 2024



COMPANY NAME MARKET SHARE
12 Months Ending
Q4 2024		 MARKET SHARE
12 Months Ending
Q3 2024		 MARKET SHARE
MRQ
Q4 2024		 MARKET SHARE

Q3 2024
Nikola Corporation 0.07% 0.08% 0.02 % 0.11 %
Tesla Inc 99.85% 99.82% 99.94% 99.80%
Xos Inc 0.05% 0.05% 0.02% 0.05%
Ideanomics inc 0.02% 0.04% 0.01% 0.00%
Envirotech Vehicles Inc 0.01% 0.01% 0.01% 0.01%
Electrameccanica Vehicles Corp 0.00% 0.01% 0.00% 0.00%
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Note: Market share is calculated based on total revenue. To get a more accurate picture of Nikola Corporation's market divisions, geographic dispersion, segments, products, and services, visit Nikola Corporation's Business Segment.

The list includes publicly traded companies only. More information about the sources of this report can be found here.



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