If Nikola can’t find a buyer willing to take on the whole business, the company will pivot to selling off its assets in pieces in an attempt to satisfy more than $1 billion in liabilities.

Electric vehicles take the driver's seat at 2025 Chicago Auto Show 02:32. Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would ...

Nikola Corp., the electric semi-truck brand that stirred investor excitement in its early heyday but later paid $125 million to settle claims of misleading investors, has filed for bankruptcy.

Recent filings paint a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion against liabilities ranging from $1 billion to $10 billion. The post ...

The electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection, it said Wednesday. Executives said in October the EV maker had enough cash to operate only until 2025's first quarter.

Nikola, the electric-pickup and semi-truck startup manufacturer, has filed for Chapter 11 bankruptcy.; Court filings show that the company has about $47 million in cash on hand, with liabilities ...

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.

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.

Trevor Milton, founder of Nikola Corp., center, exits court in New York, US, on Monday, Sept. 12, 2022. Milton, who enticed auto-industry leaders and investors with his promise for a revolution in ...

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 develop long-haul ...

Nikola, which was a hot start-up and rising star on Wall Street before becoming enmeshed in Milton’s scandal, filed for Chapter 11 bankruptcy protection in February.

Nikola Corporation faces challenges in profitability and infrastructure for FCEVs, making it an uninvestable stock for now. Read more on NKLA stock update.