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The company listed assets of between $500 million and $1 billion, and estimated its liabilities were between $1 billion and $10 billion, according to a court filing. Phoenix, Arizona-based Nikola ...
FILE - Stephen Girsky, CEO of Nikola Corp., sits in one of the company's electric and hydrogen-powered trucks during the LA Auto Show, Thursday, Nov. 16, 2023, in Los Angeles.
Nikola Corporation (NASDAQ:NKLA) shares are trading lower in the premarket session on Wednesday, after it filed for Chapter 11 bankruptcy, seeking to auction its assets while continuing limited ...
Nikola's share count has already grown by more than 170% over the last 18 months. With the company currently burning through cash at a rate of more than $510 million per year, even raising $500 ...
Electric-truck maker Nikola Corp. filed for Chapter 11 bankruptcy protection on Wednesday after the company failed to overcome market and macroeconomic challenges.
Nikola Corp. has been awarded $165 million in an arbitration proceeding with its founder and former executive chairman, according to a regulatory filing. The electric and hydrogen-powered heavy ...
Nikola Corporation (formerly known as Nikola Motor Company) is an American manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions. [2] It presented several concept vehicles from 2016 to 2020, the first of which was a natural gas fueled turbine-electric semi truck . [ 3 ]
Nikola shares touched a 52 week low. The stock has closed under $1 for more than 30 consecutive business days and is at risk of being delisted.