Nikola goes bankrupt, to sell assets in latest EV market turmoil
Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle maker to stumble after grappling with tepid demand, rapid cash burn and funding challenges.
Both failed companies Nikola and Humane faced the unique set of challenges that come with being first to market.
The much-hyped electric vehicle maker that briefly sported a market value comparable to Ford, has filed for bankruptcy with ...
On Wednesday, the electric vehicle maker — which paid $125 million to settle claims it misled investors — said it is seeking ...
Nikola Corp. will have $47 million in cash on hand to navigate Chapter 11 process. It hopes to wind down its Coolidge ...
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...
Don’t ask Nikola Jokic about turning 30, even if his game is aging like wine: “It makes me feel sad”
Nikola Jokic is playing the best basketball of his life as he enters his 30s. How much longer can he avoid the inevitable ...
Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protection. The company, once a rising star on ...
Nikola’s bankruptcy is a reality check for the push toward zero-emission freight. Once hailed as the Tesla of trucking, ...
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