After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for ...
Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
"We replace aluminum paddles with carbon; we lighten the vehicle up, and we make it a fun driving machine; and then we do ...
Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part of a struggling market.
Nikola Motors has filed for Chapter 11 bankruptcy protection, planning to sell its assets. Despite innovations in electric trucks, it faced challenges like leadership changes, funding difficulties, ...