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Nikola, the Phoenix-based EV startup focused on electric and hydrogen commercial trucks, has filed for Chapter 11 bankruptcy. The news comes after reports earlier this month that the fledgling ...

Nikola Corporation, maker of all-electric trucks, has officially filed Chapter 11 bankruptcy. The company has indicated it’s ...

Nikola EV maker, once valued at $30 billion, files for bankruptcy. Story by CBSNews ... Nikola has also had to contend with a ...

Nikola stock fell about 46% by Wednesday midday to about 45 cents, valuing the company at less than $40 million. This drop comes after the EV maker's peak market capitalization of about $27 ...

Nikola now has a cash balance of just $47m, but debts of over $350m. The company has tried “to raise capital, reduce our liabilities, clean up our balance sheet and preserve cash to sustain our ...

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.

Aside from its personal troubles, Nikola has also had to contend with a more perilous environment for EV makers as sales slow. President Donald Trump has promised to eliminate what he incorrectly ...

Nikola, the electric vehicle maker which was once worth more than Ford, filed for bankruptcy on Wednesday after being unable to secure a buyer. The company, which at its peak in 2020 was worth ...

Nikola went from $30bn EV hope to bankrupt penny stock in just five years – what went wrong? Karl Matchett. February 20, 2025 at 10:27 AM. Copied ...