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.

Jurors at Nikola Corp founder Trevor Milton's fraud trial starting next week will be allowed to watch a marketing video that prosecutors said shows a truck appearing to drive on its own power when ...

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.

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 on Friday it was recalling all the battery-powered electric trucks that it has delivered till date and is suspending sales after an investigation into recent fires found a coolant leak ...

Nikola says Milton, who was criminally charged by Manhattan federal prosecutors on July 29. is no longer involved with the company. He still holds roughly 16 percent of the shares outstanding, ...

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 ...

Trevor Milton, the Nikola Corp. founder who enticed auto-industry leaders and investors with his promise for a revolution in electric trucks, faces a securities-fraud trial beginning this week on ...

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 ...

Nikola will conduct a 1-for-30 reverse stock split next week. Details of the plan have raised investors' concerns. As of 10:30 a.m. ET, Nikola's shares were down about 23.3% from Wednesday's ...

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 ...