Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process of its ...
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 the ...
PHOENIX, Oct. 2, 2024 /PRNewswire/ -- For Q3 2024, Nikola Corporation (NKLA) (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the ...
It’s been a wild ride for the ambitious maker of large trucks, including a big-dollar deal with GM and a high-profile fraud conviction for its founder. But now, it’s bankrupt. Nikola’s rise was ...
Nikola Corporation’s third quarter results were full of good and bad news. From increased deliveries to record hydrogen refueling numbers, the startup seems to be trucking along nicely, but impacted ...
If the manufacturer of the trucks you bought implodes, what do you do? After Nikola Corp. filed for Chapter 11 bankruptcy protection on Feb. 19, customers expressed hope a buyer could be found for the ...
Hyroad Energy bought Nikola's inventory and the intellectual property, though initially the trucking-as-a-service provider was only looking to buy the inventory, Hydrogen fuel cell electric truck ...
(This Feb. 6 story has been corrected to clarify that Nikola has done just one reverse stock split, not multiple, in paragraph 11 and in previous versions of the story) (Reuters) - Electric-truck ...
(Reuters) - 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 ...
Journal Editorial Report: Donald Trump's Interior and Energy secretaries promise expansive energy policies. Photo: Andy Cross/Associated Press/Andrew Caballero-Reynolds/AFP/Getty Images Another ...
Nikola Class 8 hydrogen fuel cell electric truck. Hydrogen-powered freight truck specialist Nikola has reported 88 sales of its hydrogen-powered Class 8 electric trucks in the third quarter. The ...