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Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection. The company, once a rising star on Wall Street, became enmeshed in scandal and its founder was convicted in ...
The electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection, it said Wednesday. Executives said in October the EV maker had enough cash to operate only until 2025's first quarter.
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 ...
Troubled electric vehicle maker Nikola files for bankruptcy protection; TV procedurals up their game, with doctors on cruises and quirky single moms solving crimes; Troubled electric vehicle maker Nikola seeks bankruptcy protection; Trump puts the spotlight anew on a major Alaska gas project. Will it make a difference?
Foss said Nikola is following a similar path in bankruptcy, like startup Fisker, which used its June 2024 bankruptcy to effectuate a sale of its assets, and Lordstown Motor, which sold the ...
Electric truck startup Nikola was once worth more than Ford, but has now filed for bankruptcy. The truck maker faced a high-profile fraud scandal and eventually ran out of money. Nikola is the ...
The Nikola Tre battery electric Class 8 truck. The Phoenix-based company's stock prices soon began to plunge as doubts emerged about the viability of its technology.
Nikola stock fell on Monday after the electric semi-truck maker said it would temporarily pause Class 8 Tre truck sales due to a fire risk stemming from a battery pack.