$NKLA
Nikola Corp Stock $nkla

$nkla Overview Financials Valuation SEC Filings Company Website

2020 Q4 Form 10-Q Financial Statement

#000173128920000069 Filed on November 09, 2020

Income Statement

Concept	2020 Q4	2020 Q3	2019 Q4
Revenue	$0.00	$0.00	$49.00K
YoY Change	-100.0%	-100.0%
Cost Of Revenue	$0.00	$0.00	$44.00K
YoY Change	-100.0%	-100.0%
Gross Profit	$0.00	$0.00	$5.000K
YoY Change	-100.0%	-100.0%
Gross Profit Margin			10.2%
Selling, General & Admin	$64.90M	$65.78M	$5.154M
YoY Change	1159.27%	1681.26%	3121.25%
% of Gross Profit			103080.0%
Research & Development	$67.52M	$51.50M	$22.78M
YoY Change	196.39%	443.09%
% of Gross Profit			455620.0%
Depreciation & Amortization	$1.590M	$1.500M
YoY Change		150.0%
% of Gross Profit
Operating Expenses	$146.8M	$117.3M	$27.94M
YoY Change	425.65%	790.16%	17359.38%
Operating Profit	-$146.8M	-$117.3M	-$27.93M
YoY Change	425.74%	800.75%
Interest Expense	-$53.00K	$171.0K	$374.0K
YoY Change	-114.17%	-58.39%	-87.45%
% of Operating Profit
Other Income/Expense, Net	-$597.0K	-$340.0K	$1.278M
YoY Change	-146.71%	-500.0%
Pretax Income	-$147.5M	-$117.5M	-$26.28M
YoY Change	461.26%	664.36%	-1031.84%
Income Tax	-$1.030M	$2.000K	$1.000K
% Of Pretax Income
Net Earnings	-$147.1M	-$79.70M	-$26.28M
YoY Change	459.75%	413.76%	-1327.99%
Net Earnings / Revenue			-53630.61%
Basic Earnings Per Share		-$0.21
Diluted Earnings Per Share	-$368.5K	-$0.31	$9.109K
COMMON SHARES
Basic Shares Outstanding	384.1M shares	377.7M shares
Diluted Shares Outstanding		378.3M shares

Balance Sheet

Concept	2020 Q4	2020 Q3	2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$840.9M	$907.5M	$800.0K
YoY Change	105012.5%	113337.5%	-33.33%
Cash & Equivalents	$840.9M	$907.5M	$85.69M
Short-Term Investments
Other Short-Term Assets	$51.60M	$67.10M	$0.00
YoY Change			-100.0%
Inventory	$0.00
Prepaid Expenses
Receivables	$0.00	$249.0K	$658.0K
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$896.9M	$985.9M	$90.88M
YoY Change	886.91%	123136.13%	6890.85%
LONG-TERM ASSETS
Property, Plant & Equipment	$71.40M	$61.31M	$53.38M
YoY Change	33.76%
Goodwill	$5.238M	$5.238M	$5.238M
YoY Change	0.0%
Intangibles	$50.05M	$62.47M	$62.51M
YoY Change	-19.94%
Long-Term Investments	$8.420M		$0.00
YoY Change
Other Assets	$0.00	$19.00K	$53.00K
YoY Change	-100.0%	-99.99%	-99.98%
Total Long-Term Assets	$156.8M	$150.3M	$138.5M
YoY Change	13.17%	-36.75%	-41.09%
TOTAL ASSETS
Total Short-Term Assets	$896.9M	$985.9M	$90.88M
Total Long-Term Assets	$156.8M	$150.3M	$138.5M
Total Assets	$1.054B	$1.136B	$229.4M
YoY Change	359.27%	376.41%	-2.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$29.40M	$10.30M	$100.0K
YoY Change	29300.0%
Accrued Expenses	$17.70M	$22.90M	$200.0K
YoY Change	8750.0%	11350.0%	-33.33%
Deferred Revenue		$6.913M	$0.00
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$4.100M	$4.100M	$0.00
YoY Change
Total Short-Term Liabilities	$52.27M	$43.87M	$16.54M
YoY Change	216.08%	14523.0%	1737.56%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$4.100M
YoY Change	-100.0%
Other Long-Term Liabilities	$0.00	$11.58M	$12.21M
YoY Change	-100.0%
Total Long-Term Liabilities	$0.00	$11.58M	$16.31M
YoY Change	-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$52.27M	$43.87M	$16.54M
Total Long-Term Liabilities	$0.00	$11.58M	$16.31M
Total Liabilities	$73.57M	$56.52M	$33.92M
YoY Change	116.89%	14030.5%	3292.2%
SHAREHOLDERS EQUITY
Retained Earnings	-$560.2M	-$425.8M	-$188.5M
YoY Change	197.21%
Common Stock	$39.00K	$39.00K	$27.00K
YoY Change	44.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$980.1M	$1.066B	$195.5M
YoY Change
Total Liabilities & Shareholders Equity	$1.054B	$1.136B	$229.4M
YoY Change	359.27%	376.41%	-2.99%

Cashflow Statement

Concept	2020 Q4	2020 Q3	2019 Q4
OPERATING ACTIVITIES
Net Income	-$147.1M	-$79.70M	-$26.28M
YoY Change	459.75%	413.76%	-1327.99%
Depreciation, Depletion And Amortization	$1.590M	$1.500M
YoY Change		150.0%
Cash From Operating Activities	-$65.93M	-$39.04M	-$330.0K
YoY Change	19878.79%	9660.0%	371.43%
INVESTING ACTIVITIES
Capital Expenditures	-$7.140M	-$8.880M
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$8.800M	-$20.00K	$210.0K
YoY Change	-4290.48%	-104.17%	425.0%
Cash From Investing Activities	-$15.94M	-$8.900M	$210.0K
YoY Change	-7690.48%	-1954.17%	425.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$1.500M	$263.1M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	8.680M	263.1M	0.000
YoY Change
NET CHANGE
Cash From Operating Activities	-65.93M	-39.04M	-330.0K
Cash From Investing Activities	-15.94M	-8.900M	210.0K
Cash From Financing Activities	8.680M	263.1M	0.000
Net Change In Cash	-73.19M	215.2M	-120.0K
YoY Change	60891.67%	268887.5%	300.0%
FREE CASH FLOW
Cash From Operating Activities	-$65.93M	-$39.04M	-$330.0K
Capital Expenditures	-$7.140M	-$8.880M
Free Cash Flow	-$58.79M	-$30.16M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001731289
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	us-gaap:AccountingStandardsUpdate201807Member
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2020-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-38495
	dei	Entity Registrant Name EntityRegistrantName	Nikola Corporation
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	82-4151153
	dei	Entity Address Address Line1 EntityAddressAddressLine1	4141 E Broadway Road
	dei	Entity Address City Or Town EntityAddressCityOrTown	Phoenix
	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85040
	dei	City Area Code CityAreaCode	480
	dei	Local Phone Number LocalPhoneNumber	666-1038
	dei	Security12b Title Security12bTitle	Common stock, $0.0001 par value per share
	dei	Trading Symbol TradingSymbol	NKLA
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2020Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	384087674	shares
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2019Q4	nkla	Prepaid In Kind Services Current PrepaidInKindServicesCurrent	0	USD
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	907530000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	85688000	USD
CY2020Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	10952000	USD
CY2019Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	0	USD
CY2020Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	249000	USD
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	770000	USD
CY2020Q3	nkla	Prepaid In Kind Services Current PrepaidInKindServicesCurrent	63358000	USD
CY2020Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3800000	USD
CY2019Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4423000	USD
CY2020Q3	us-gaap	Assets Current AssetsCurrent	985889000	USD
CY2019Q4	us-gaap	Assets Current AssetsCurrent	90881000	USD
CY2020Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	4000000	USD
CY2019Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	4144000	USD
CY2020Q3	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	17303000	USD
CY2019Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	13223000	USD
CY2020Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	61313000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	53378000	USD
CY2020Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	62466000	USD
CY2019Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	62513000	USD
CY2020Q3	us-gaap	Goodwill Goodwill	5238000	USD
CY2019Q4	us-gaap	Goodwill Goodwill	5238000	USD
CY2020Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	19000	USD
CY2019Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	53000	USD
CY2020Q3	us-gaap	Assets Assets	1136228000	USD
CY2019Q4	us-gaap	Assets Assets	229430000	USD
CY2020Q3	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	10277000	USD
CY2019Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	5113000	USD
CY2020Q3	nkla	Accrued Liabilities And Other Liabilities Current AccruedLiabilitiesAndOtherLiabilitiesCurrent	22579000	USD
CY2019Q4	nkla	Accrued Liabilities And Other Liabilities Current AccruedLiabilitiesAndOtherLiabilitiesCurrent	11425000	USD
CY2020Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	6913000	USD
CY2019Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	0	USD
CY2020Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	4100000	USD
CY2019Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	USD
CY2020Q3	us-gaap	Liabilities Current LiabilitiesCurrent	43869000	USD
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	16538000	USD
CY2020Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	USD
CY2019Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4100000	USD
CY2020Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	11577000	USD
CY2019Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	12212000	USD
CY2020Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1076000	USD
CY2019Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1072000	USD
CY2020Q3	us-gaap	Liabilities Liabilities	56522000	USD
CY2019Q4	us-gaap	Liabilities Liabilities	33922000	USD
CY2020Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
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CY2020Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	150000000	shares
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CY2019Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2020Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2019Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2020Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2020Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
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CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
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CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	600000000	shares
CY2020Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	600000000	shares
CY2020Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	384083110	shares
CY2020Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	384083110	shares
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	270826092	shares
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	270826092	shares
CY2020Q3	us-gaap	Common Stock Value CommonStockValue	39000	USD
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	27000	USD
CY2020Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1505422000	USD
CY2019Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	383961000	USD
CY2020Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-425755000	USD
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-188480000	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	1079706000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	195508000	USD
CY2020Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1136228000	USD
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	229430000	USD
CY2020Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	0	USD
CY2019Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	296000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	95000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	433000	USD
CY2020Q3	us-gaap	Cost Of Revenue CostOfRevenue	0	USD
CY2019Q3	us-gaap	Cost Of Revenue CostOfRevenue	141000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	72000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	227000	USD
CY2020Q3	us-gaap	Gross Profit GrossProfit	0	USD
CY2019Q3	us-gaap	Gross Profit GrossProfit	155000	USD
	us-gaap	Gross Profit GrossProfit	23000	USD
	us-gaap	Gross Profit GrossProfit	206000	USD
CY2020Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	51473000	USD
CY2019Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	9482000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	118092000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	44733000	USD
CY2020Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	65826000	USD
CY2019Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3693000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	117886000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	15538000	USD
CY2020Q3	us-gaap	Operating Expenses OperatingExpenses	117299000	USD
CY2019Q3	us-gaap	Operating Expenses OperatingExpenses	13175000	USD
	us-gaap	Operating Expenses OperatingExpenses	235978000	USD
	us-gaap	Operating Expenses OperatingExpenses	60271000	USD
CY2020Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-117299000	USD
CY2019Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-13020000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-235955000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-60065000	USD
CY2020Q3	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	172000	USD
CY2019Q3	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	411000	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	259000	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	1082000	USD
CY2020Q3	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	0	USD
CY2019Q3	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	2844000	USD
	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	0	USD
	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	3339000	USD
CY2020Q3	nkla	Gain Loss On Financial Instruments Subject To Mandatory Redemption GainLossOnFinancialInstrumentsSubjectToMandatoryRedemption	0	USD
CY2019Q3	nkla	Gain Loss On Financial Instruments Subject To Mandatory Redemption GainLossOnFinancialInstrumentsSubjectToMandatoryRedemption	0	USD
	nkla	Gain Loss On Financial Instruments Subject To Mandatory Redemption GainLossOnFinancialInstrumentsSubjectToMandatoryRedemption	-1324000	USD
	nkla	Gain Loss On Financial Instruments Subject To Mandatory Redemption GainLossOnFinancialInstrumentsSubjectToMandatoryRedemption	0	USD
CY2020Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-340000	USD
CY2019Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	85000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-251000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	95000	USD
CY2020Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-117467000	USD
CY2019Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-15368000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-237271000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-62227000	USD
CY2020Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2000	USD
CY2019Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	146000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	150000	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	-117469000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	-15514000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-237275000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-62377000	USD
CY2020Q3	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
CY2019Q3	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	13407000	USD
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
CY2020Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-117469000	USD
CY2020Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-117469000	USD
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	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-250682000	USD
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	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-62377000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-62377000	USD
CY2020Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.31
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	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.79
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.24
CY2020Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	377660477	shares
CY2019Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	260534724	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	318315891	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	260449607	shares
CY2020Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	320000	USD
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CY2020Q3	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	52196000	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	-117469000	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	1079706000	USD
CY2019Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2019Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	195508000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	8403000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	56250000	USD
	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	91999000	USD
	nkla	Shares Issued During Period Value Recapitalization SharesIssuedDuringPeriodValueRecapitalization	616220000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	2204000	USD
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	91736000	USD
	nkla	Stock Issued During Period Value Warrants Exercised Net StockIssuedDuringPeriodValueWarrantsExercisedNet	263064000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-237275000	USD
CY2020Q3	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2020Q3	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	1079706000	USD
CY2019Q2	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2019Q2	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	141964000	USD
CY2019Q3	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	4375000	USD
CY2019Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	60625000	USD
CY2019Q3	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	50000000	USD
CY2019Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	0	USD
CY2019Q3	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	1185000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	-15514000	USD
CY2019Q3	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2019Q3	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	238260000	USD
CY2018Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2018Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	186240000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	4375000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	60625000	USD
	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	50000000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	0	USD
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	3772000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-62377000	USD
CY2019Q3	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2019Q3	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	238260000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-237275000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-62377000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	4255000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1104000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	91736000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3772000	USD
	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	0	USD
	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	3339000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	4000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	150000	USD
	nkla	Non Cash In Kind Services NonCashInKindServices	28642000	USD
	nkla	Non Cash In Kind Services NonCashInKindServices	0	USD
	nkla	Gain Loss On Financial Instruments Subject To Mandatory Redemption GainLossOnFinancialInstrumentsSubjectToMandatoryRedemption	-1324000	USD
	nkla	Gain Loss On Financial Instruments Subject To Mandatory Redemption GainLossOnFinancialInstrumentsSubjectToMandatoryRedemption	0	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-521000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	495000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	334000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-38000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	19402000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-10627000	USD
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	6823000	USD
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	0	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	0	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	148000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-84902000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-64948000	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	5855000	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	6328000	USD
	nkla	Payments For Deposits On Property And Equipment PaymentsForDepositsOnPropertyAndEquipment	9325000	USD
	nkla	Payments For Deposits On Property And Equipment PaymentsForDepositsOnPropertyAndEquipment	8135000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	15000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	0	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	0	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	18186000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-32649000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	50349000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-15195000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	65000000	USD
	nkla	Proceeds From Recapitalization Transaction ProceedsFromRecapitalizationTransaction	616726000	USD
	nkla	Proceeds From Recapitalization Transaction ProceedsFromRecapitalizationTransaction	0	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2204000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	263064000	USD
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	0	USD
	nkla	Proceeds From Finance Lease ProceedsFromFinanceLease	889000	USD
	nkla	Proceeds From Finance Lease ProceedsFromFinanceLease	0	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	485000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	4134000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	4134000	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	0	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	932747000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	65000000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	832650000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-32597000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	89832000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	173956000	USD
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	922482000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	141359000	USD
	us-gaap	Interest Paid Net InterestPaidNet	617000	USD
	us-gaap	Interest Paid Net InterestPaidNet	83000	USD
	nkla	Interest Received InterestReceived	887000	USD
	nkla	Interest Received InterestReceived	1156000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2136000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5251000	USD
	nkla	Accrued Proceeds From Issuance Or Sale Of Temporary Equity AccruedProceedsFromIssuanceOrSaleOfTemporaryEquity	0	USD
	nkla	Accrued Proceeds From Issuance Or Sale Of Temporary Equity AccruedProceedsFromIssuanceOrSaleOfTemporaryEquity	4375000	USD
	nkla	Noncash Prepaid In Kind Services NoncashPrepaidInKindServices	63358000	USD
	nkla	Noncash Prepaid In Kind Services NoncashPrepaidInKindServices	0	USD
	us-gaap	Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction	285000	USD
	us-gaap	Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction	0	USD
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	221000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	0	USD
	nkla	Noncash Acquisition License Acquired NoncashAcquisitionLicenseAcquired	0	USD
	nkla	Noncash Acquisition License Acquired NoncashAcquisitionLicenseAcquired	50000000	USD
	nkla	Noncash Acquisiton Property Acquired Through Build To Suit Lease NoncashAcquisitonPropertyAcquiredThroughBuildToSuitLease	0	USD
	nkla	Noncash Acquisiton Property Acquired Through Build To Suit Lease NoncashAcquisitonPropertyAcquiredThroughBuildToSuitLease	3243000	USD
	nkla	Settlement Of Financial Instruments Subject To Mandatory Redemption SettlementOfFinancialInstrumentsSubjectToMandatoryRedemption	1324000	USD
	nkla	Settlement Of Financial Instruments Subject To Mandatory Redemption SettlementOfFinancialInstrumentsSubjectToMandatoryRedemption	0	USD
CY2020Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents, and restricted cash and cash equivalents. The Company's cash is placed with high-credit-quality financial institutions and issuers, and at times exceed federally insured limits. The Company limits its concentration of risk in cash equivalents by diversifying its investments among a variety of industries and issuers. The Company has not experienced any credit loss relating to its cash equivalents.
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	907500000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	85700000	USD
CY2020Q3	us-gaap	Deposits Deposits	6900000	USD
CY2019Q4	us-gaap	Deposits Deposits	0	USD
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	907530000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	85688000	USD
CY2020Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	10952000	USD
CY2019Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	0	USD
CY2020Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	4000000	USD
CY2019Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	4144000	USD
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	922482000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	89832000	USD
CY2020Q2	nkla	Conversion Of Stock Shares Issued Conversion Rate ConversionOfStockSharesIssuedConversionRate	1.901
CY2020Q2	nkla	Common Stock And Preferred Stock Shares Authorized CommonStockAndPreferredStockSharesAuthorized	750000000	shares
CY2020Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	600000000	shares
CY2020Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2020Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	150000000	shares
CY2020Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	525000000	USD
	us-gaap	Repayments Of Assumed Debt RepaymentsOfAssumedDebt	422000	USD
	nkla	Proceeds From Recapitalization Transaction ProceedsFromRecapitalizationTransaction	616726000	USD
	us-gaap	Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction	285000	USD
	nkla	Cash Recapitalization Net CashRecapitalizationNet	616220000	USD
CY2020Q2	nkla	Shares Issued During Period Shares Recapitalization SharesIssuedDuringPeriodSharesRecapitalization	72272942	shares
CY2020Q2	nkla	Common Stock Shares Outstanding Prior To Conversion CommonStockSharesOutstandingPriorToConversion	288631536	shares
CY2020Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	360904478	shares
CY2020Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	151831441	shares
CY2020Q2	nkla	Conversion Of Stock Shares Issued Conversion Rate ConversionOfStockSharesIssuedConversionRate	1.901
CY2020Q3	us-gaap	Supplies Supplies	0	USD
CY2019Q4	us-gaap	Supplies Supplies	1872000	USD
CY2020Q3	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	3800000	USD
CY2019Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	2551000	USD
CY2020Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3800000	USD
CY2019Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4423000	USD
	us-gaap	Supplies Expense SuppliesExpense	1900000	USD
CY2020Q3	us-gaap	Supplies Expense SuppliesExpense	1900000	USD
CY2020Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	69021000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	56878000	USD
CY2020Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7708000	USD
CY2019Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3500000	USD
CY2020Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	61313000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	53378000	USD
CY2020Q3	us-gaap	Depreciation Depreciation	1500000	USD
CY2019Q3	us-gaap	Depreciation Depreciation	600000	USD
	us-gaap	Depreciation Depreciation	4200000	USD
	us-gaap	Depreciation Depreciation	1100000	USD
CY2020Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1679000	USD
CY2019Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1385000	USD
CY2020Q3	nkla	Accrued Stock Issuance Costs Current AccruedStockIssuanceCostsCurrent	285000	USD
CY2019Q4	nkla	Accrued Stock Issuance Costs Current AccruedStockIssuanceCostsCurrent	4695000	USD
CY2020Q3	nkla	Accrued Outsourced Engineering Services Current AccruedOutsourcedEngineeringServicesCurrent	8979000	USD
CY2019Q4	nkla	Accrued Outsourced Engineering Services Current AccruedOutsourcedEngineeringServicesCurrent	3205000	USD
CY2020Q3	nkla	Accrued Legal Liabilities Current AccruedLegalLiabilitiesCurrent	5978000	USD
CY2019Q4	nkla	Accrued Legal Liabilities Current AccruedLegalLiabilitiesCurrent	243000	USD
CY2020Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4931000	USD
CY2019Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1237000	USD
CY2020Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	727000	USD
CY2019Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	660000	USD
CY2020Q3	nkla	Accrued Liabilities And Other Liabilities Current AccruedLiabilitiesAndOtherLiabilitiesCurrent	22579000	USD
CY2019Q4	nkla	Accrued Liabilities And Other Liabilities Current AccruedLiabilitiesAndOtherLiabilitiesCurrent	11425000	USD
CY2020Q3	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	62654000	USD
CY2020Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	188000	USD
CY2020Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	62466000	USD
CY2019Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	62654000	USD
CY2019Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	141000	USD
CY2019Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	62513000	USD
CY2020Q3	us-gaap	Stock Issued During Period Shares Purchase Of Assets StockIssuedDuringPeriodSharesPurchaseOfAssets	0	shares
	us-gaap	Stock Issued During Period Shares Purchase Of Assets StockIssuedDuringPeriodSharesPurchaseOfAssets	5132289	shares
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	13400000	USD
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	13400000	USD
CY2020Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	4100000	USD
CY2019Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4100000	USD
CY2019Q1	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0300
CY2020Q3	nkla	Common Stock And Preferred Stock Shares Authorized CommonStockAndPreferredStockSharesAuthorized	750000000	shares
CY2020Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	600000000	shares
CY2020Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	150000000	shares
CY2020Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	22877806	shares
CY2020Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	263100000	USD
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	42802865	shares
CY2020Q2	nkla	Share Based Compensation Arrangement By Share Based Payment Award Maximum Period Of Annual Share Authorization Increases ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumPeriodOfAnnualShareAuthorizationIncreases	P10Y
CY2020Q2	nkla	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized Maximum Annual Percentage Increase ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedMaximumAnnualPercentageIncrease	0.025
CY2020Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	3000000.0	USD
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	40012825	shares
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.08
CY2019	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y9M10D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	1582496	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	5.30
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	2081577	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	1.06
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	177504	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	1.44
CY2020Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	39336240	shares
CY2020Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.26
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y1M2D
CY2020Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	36542071	shares
CY2020Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	1.20
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P8Y21D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	6.92
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	2081577	shares
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2200000	USD
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost	8100000	USD
CY2020Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	52196000	USD
CY2019Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1185000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	91736000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3772000	USD
CY2020Q2	us-gaap	Professional Fees ProfessionalFees	3000000.0	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	-117469000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	-15514000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-237275000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-62377000	USD
CY2020Q3	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
CY2019Q3	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	13407000	USD
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
CY2020Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-117469000	USD
CY2020Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-117469000	USD
CY2019Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-15514000	USD
CY2019Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-15514000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-250682000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-250682000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-62377000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-62377000	USD
CY2020Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	377660477	shares
CY2019Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	260534724	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	318315891	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	260449607	shares
CY2020Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.31
CY2019Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.06
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.79
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.24
CY2020Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	55115040	shares
CY2019Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	39528924	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	55115040	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	39528924	shares

Files In Submission

Name	View Source	Status
0001731289-20-000069-index-headers.html	Edgar Link	pending
0001731289-20-000069-index.html	Edgar Link	pending
0001731289-20-000069.txt	Edgar Link	pending
0001731289-20-000069-xbrl.zip	Edgar Link	pending
exhibit102q320.htm	Edgar Link	pending
exhibit311q320.htm	Edgar Link	pending
exhibit312q320.htm	Edgar Link	pending
exhibit321q320.htm	Edgar Link	pending
exhibit322q320.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nkla-20200930.htm	Edgar Link	pending
nkla-20200930.xsd	Edgar Link	pending
nkla-20200930_cal.xml	Edgar Link	unprocessable
nkla-20200930_def.xml	Edgar Link	unprocessable
nkla-20200930_htm.xml	Edgar Link	completed
nkla-20200930_lab.xml	Edgar Link	unprocessable
nkla-20200930_pre.xml	Edgar Link	unprocessable
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R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NKLA
Nikola Corp Stock $nkla

2020 Q4 Form 10-Q Financial Statement

#000173128920000069 Filed on November 09, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NKLA Nikola Corp Stock $nkla

2020 Q4 Form 10-Q Financial Statement

#000173128920000069 Filed on November 09, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NKLA
Nikola Corp Stock $nkla