The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...
Nikola began to lose hundreds of thousands of dollars for each vehicle it sold as it attempted to scale up its production.
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for ...
Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...
The 11-year-old EV maker aspired to be the Tesla of trucks. Nikola went public in June 2020 through a blank-check merger amid ...
The American company, the former CEO of which went to prison for fraud, will seek to sell off most or all of its assets ...
The EV startup planned to build electric and hydrogen trucks but struggled to deliver enough vehicles to turn any profit, ...
It took years of difficulty for the truck startup, which at one point eclipsed the market cap of Ford, to reach this point.
Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part of a struggling market.
Nikola Corporation (NASDAQ:NKLA) plunged in early trading on Wednesday after the company announced that it filed voluntary ...
An American EV manufacturer famous for fake announcements that put its boss in jail has declared bankruptcy. Nikola, a truck manufacturer spruiking battery and hydrogen-powered alternatives to the ...
Hydrogen fuel-cell passenger vehicles may remain part of Toyota's product plans, the company suggested in a tech announcement ...
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