Troubled Electric Vehicle Maker Nikola Files for Bankruptcy Protection
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 start-up and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona company's technology.
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EV and FCEV truck startup Nikola Corp. files for Chapter 11 bankruptcy protection, seeking a sale of its assets after being ...
Nikola files for bankruptcy amid mounting liabilities. Learn about its asset auction, struggles, and a potential delisting.
Nikola Corp. will have $47 million in cash on hand to navigate Chapter 11 process. It hopes to wind down its Coolidge ...
Shares of Nikola Corp. NKLA slid 5.60% to $0.44 Thursday, on what proved to be an all-around poor trading session for the ...
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Recent filings paint a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion ...
Nikola Corp. plans to lay off 855 workers between its Phoenix headquarters and Coolidge manufacturing facility as the ...
Hydrogen electric trucking startup Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after it failed to find ...
Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...
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Another EV Company, Nikola, Goes Belly UpNikola Corporation, maker of all-electric trucks, has officially filed Chapter 11 bankruptcy. The company has indicated it’s ...
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