The electric vehicle startup Nikola has filed for bankruptcy protections after it failed to secure new money or locate a ...
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...
Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...
ANALYSIS: Hydrogen as well as battery-pack fuelled trucks were the big plan for Nikola but they got only 400 onto the road ...
On Wednesday, the electric vehicle maker — which paid $125 million to settle claims it misled investors — said it is seeking ...
It took years of difficulty for the truck startup, which at one point eclipsed the market cap of Ford, to reach this point.
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for ...
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...
Rivian Automotive shares fell Friday, a day after the company predicted 2025 deliveries below analysts' estimates.
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protection. The company, once a rising star on ...
"Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate," CEO Steve Girsky said in a statement.
In recent months, we have taken numerous actions to raise capital, reduce our liabilities, clean up our balance sheet and preserve cash to sustain our operations,” Steve Girsky, president and ...