At one time Nikola was valued at more than GM or Ford; now it doesn't have enough cash to help its few existing customers get ...
In the first nine months of 2024, Nikola sold about 200 of its hydrogen-electric semi trucks. In October, it said that it had sufficient cash to fund obligations through the first quarter ...
Nikola (NKLA) stock plunged over 24% to 75 cents in after-hours trading yesterday on news of nearing a bankruptcy filing. The ...
Electric-truck maker Nikola is nearing filing for a bankruptcy, the Wall Street Journal reported on Thursday, citing people ...
Nikola, the much-hyped hydrogen-truck maker that was briefly valued more than Ford Motor, is nearing a bankruptcy filing, according to people familiar with the matter. Phoenix-based Nikola has ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nikola, the maker of hydrogen and battery-powered trucks once valued at nearly $30bn, said on Thursday that ...
Artur Widak / NurPhoto via Getty Images Shares of Nikola (NKLA) are tumbling around 33% in early trading Friday on a report that the electric truck maker is nearing a bankruptcy filing.
Shares of Nikola Corp. tumbled Friday after a report surfaced that the hydrogen-truck maker is close to filing bankruptcy. Nikola NKLA is working with its law firm Pillsbury Winthrop Shaw Pittman ...
The company has also faced weak sales. In the first nine months of 2024, Nikola sold about 200 of its hydrogen-electric semi ...
(This Feb. 6 story has been corrected to clarify that Nikola has done just one reverse stock split, not multiple, in paragraph 11 and in previous versions of the story) (Reuters) - Electric-truck ...