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 startup and rising ...
Nikola, the Phoenix-based EV startup focused on electric and hydrogen commercial trucks, has filed for Chapter 11 bankruptcy. The news comes after reports earlier this month that the fledgling ...
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 ...
Nikola Corp., a manufacturer of zero-emission trucks, filed for Chapter 11 bankruptcy protection. The company cited macroeconomic factors and market headwinds for its financial struggles.
By Neal E. Boudette Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to ...
Electric vehicle maker Nikola announced on Wednesday that the company filed for Chapter 11 bankruptcy and will pursue the sale of all its assets, citing monetary issues and a struggling and ...
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 ...
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 ...
In the third quarter, Nikola produced 83 trucks but recorded a net loss of almost $200 million. It produced 77 trucks in the second quarter, with a net loss of nearly $134 million.