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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 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 start-up and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona company's ...
Troubled electric vehicle maker Nikola files for bankruptcy protection TV procedurals up their game, with doctors on cruises and quirky single moms solving crimes Trump puts the spotlight anew on a major Alaska gas project.
Nikola lost more than $200 million in the third quarter of 2024, and in October, the company said it only had enough cash to last until the first quarter of this year.
Troubled electric vehicle maker Nikola files for bankruptcy protection; Apple unveils a souped-up and more expensive version of its lowest priced iPhone; TV procedurals up their game, with doctors on cruises and quirky single moms solving crimes; Troubled electric vehicle maker Nikola seeks bankruptcy protection
Electric-truck maker Nikola Corp. filed for Chapter 11 bankruptcy protection on Wednesday after the company failed to overcome market and macroeconomic challenges. "Like other companies in the ...