Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...
Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...
Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.
Nikola, the electric vehicle maker which was once worth more than Ford, filed for bankruptcy on Wednesday after being unable ...
Nikola follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, ...
Rivian Automotive (RIVN) shares fell Friday, a day after the electric vehicle (EV) maker predicted 2025 deliveries below analysts' estimates. The maker of the electric pickups, SUVs, and ...
Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
Nikola was the latest high-profile EV company to go belly after failing to meet high expectations. Other EV startups that ...
Nikola Corp. became the latest EV maker to go bankrupt on Wednesday, as the Phoenix-based battery-electric and fuel-cell-electric truck and van maker voluntarily filed for Chapter 11. The company ...
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 ...