News

After recalling all of its battery electric trucks that it had delivered, Nikola’s losses widened in the third quarter. However, with orders rising for its hydrogen fuel cell truck, is Nikola ...
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 ...
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 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’s hydrogen trucks are officially up for auction, one of the company’s last big steps in unloading all of its assets after filing for bankruptcy in February. Auction house Gordon ...
Nikola’s stock has plummeted 95% in the last 12 months, sparking urgent survival talks. The company faces a cash crunch, with ...
A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on Friday. No objections had been filed to the transaction, and Delaware ...
Embattled hydrogen-truck maker Nikola wants to put its convicted founder in the rearview mirror. Trevor Milton has had other plans. Milton, whose over-the-top promotion helped make Nikola’s ...
Lucid Group announced it will purchase important facilities and assets that formerly belonged to Nikola Corp. and will offer jobs to more than 300 of Nikola’s displaced workers. The move links ...
Nikola Corporation has posted its Q1 2024 financial report ahead of a call with investors this morning, and the numbers detail a commercial vehicle developer growing amid setbacks that arose last ...
Nikola shares shares are trading lower Wednesday, and the stock is down more than 20% over the past month. Nikola shares are trading at a new all-time low of 49 cents Wednesday with 22.63% of ...
At the same time the electric and hydrogen fuel truck manufacturer has been working to decrease its cash outlay, Nikola has sold off hundreds of acres of land at its main manufacturing plant in ...