Nikola Corp: challenging way forward
We take advantage of Nikola Corp's Q3 results last week to process a model update, reviewing our sales and margin assumptions from 2024 onwards. We have decreased our group revenue forecasts, adopting a more gradual industrial ramp-up over the 2024-2030 period. While we acknowledge the progress mad
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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