The electric vehicle startup Nikola has filed for bankruptcy protections after it failed to secure new money or locate a ...
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...
Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for ...
On Wednesday, the electric vehicle maker — which paid $125 million to settle claims it misled investors — said it is seeking ...
It took years of difficulty for the truck startup, which at one point eclipsed the market cap of Ford, to reach this point.
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Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protection. The company, once a rising star on ...
In recent months, we have taken numerous actions to raise capital, reduce our liabilities, clean up our balance sheet and preserve cash to sustain our operations,” Steve Girsky, president and ...
"Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate," CEO Steve Girsky said in a statement.
Nikola – a once popular auto startup of investors – filed for bankruptcy protection after failing to secure a buyer or raise ...
Nikola Corp. will have $47 million in cash on hand to navigate Chapter 11 process. It hopes to wind down its Coolidge ...