Nikola files for bankruptcy protection. Here's what to know about the troubled EV maker.
Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.
Nikola, electric truck maker, files for bankruptcy
PHOENIX — Nikola, the once-booming electric vehicle company headquartered in Phoenix, filed for Chapter 11 bankruptcy protection Wednesday morning.
Tesla rival Nikola files for Chapter 11 bankruptcy citing dire electric vehicle market
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, Once a Darling of Green Investment, Files for Bankruptcy
The much-hyped electric vehicle maker that briefly sported a market value comparable to Ford, has filed for bankruptcy with plans to wind down its business.
EV Startup Nikola’s stock plummets 38% after bankruptcy filing
The once-promising EV startup failed to secure a buyer or additional funding, forcing it to pursue a structured sale of its assets. Nikola Corporation (Nasdaq: NKLA), a once-promising electric vehicle startup,
Nikola, Arizona maker of emissions-free heavy trucks, files for bankruptcy
Nikola Corp. will have $47 million in cash on hand to navigate Chapter 11 process. It hopes to wind down its Coolidge operations in March.
US EV startups under spotlight as Nikola files for bankruptcy
Nikola filed for bankruptcy protection on Wednesday, the latest electric vehicle firm to shut operations after grappling with tepid demand, rapid cash burn and funding challenges.
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