Nikola (NKLA-8.09%) attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 4, 2020. The electric semi-truck maker's stock opened at ...

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.

Phoenix-based electric-truck manufacturer Nikola is paying $125 million to settle fraud charges by the U.S. Securities and Exchange Commission. The move is viewed as part of a crackdown on special ...

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 trucks cost about $351,000 against manufacturing costs of $679,000. Further, the maintenance cost of these trucks is ...

The recently-pardoned founder of Nikola, Trevor Milton, has been fighting a subpoena from the creditors of his bankrupt electric trucking company. TechCrunch Desktop Logo TechCrunch Mobile Logo.

Nikola’s disgraced founder Trevor Milton is being forced to pay $165 million and interest back to the hydrogen and electric semi-truck maker after he made fraudulent c ...

Nikola reported a 15% drop in revenue and a nearly 26% increase in losses from the same period last year. Nikola had previously suspected foul play as the cause of a battery fire on June 23 ...

In its recent annual report Nikola put a spotlight on the high-risk nature of its business, but the company's chief financial officer said it is spending less this year and has lots of options for ...

General Motors Co.GM 0.66 % increase; green up pointing triangle will no longer take an equity stake in electric-truck maker Nikola Corp. under a stripped-down agreement revealed Monday, a ...

Nikola and General Motors on Monday announced a long-awaited deal, but on scaled-down terms. GM won't take a stake in the embattled startup but will sell its hydrogen fuel cells to Nikola to use ...

Nikola, a startup company that makes electric and hydrogen-powered semi trucks, said in a tweet Friday morning that several of its trucks had been damaged in a fire at the company’s Phoenix ...