The troubled electric truck maker Nikola has filed for Chapter 11 bankruptcy protection, the company said Wednesday. Nikola's CEO, Steve Girsky, said in a statement that "various market and ...
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 ...
Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...
Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations. The filing marks the finale of the company's yearslong fall from grace.
DETROIT — Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail investors — filed for bankruptcy protection after failing to secure a buyer or raise ...