Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot startup and rising ...
Electric truck maker Nikola, which briefly boasted a market value above Ford Motor before its founder was charged with fraud, filed for bankruptcy after struggling with high costs and a trucking ...
EV and FCEV truck startup Nikola Corp. files for Chapter 11 bankruptcy protection, seeking a sale of its assets after being unable to secure additional investments. At one point the truck startup ...
Nikola, the startup that sought to build fleets of electric heavy-duty trucks, has filed for bankruptcy and plans to shut down. The company, which filed for Chapter 11 bankruptcy Wednesday ...
Truck maker Nikola Corp. filed for Chapter 11 bankruptcy protection Feb. 19 and plans to auction off its assets after a tumultuous 18 months featuring multiple rounds of layoffs, regular executive ...
Nikola, the Phoenix-based EV startup focused on electric and hydrogen commercial trucks, has filed for Chapter 11 bankruptcy. The news comes after reports earlier this month that the fledgling ...
By Neal E. Boudette Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to ...
Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...
Nikola Corp., a manufacturer of zero-emission trucks, filed for Chapter 11 bankruptcy protection. The company cited macroeconomic factors and market headwinds for its financial struggles.