Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile ...
Nikola is the latest manufacturer to succumb to a punishing environment for EVs, which are struggling to maintain traction ...
Nikola starts Chapter 11 bankruptcy and asset sale proceedings with about $47 million in cash to maintain operations, ...
Phoenix-based electric and hydrogen truck maker Nikola has officially filed for Chapter 11 bankruptcy, marking a dramatic fall for the once-promising company. This news follows recent reports of the ...
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It took years of difficulty for the truck startup, which at one point eclipsed the market cap of Ford, to reach this point.
Nikola filed for Chapter 11 bankruptcy protection last week, and with that came staff cuts at two locations in the state.
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