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Nikola files Chapter 11 bankruptcy

The Associated Press - Busines… · 2d

Troubled electric vehicle maker Nikola files for bankruptcy protection

Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protection. The company, once a rising star on Wall Street, became enmeshed in scandal and its founder was convicted in 2022 for misleading investors about its capabilities.

The New York Times · 2d

Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy

The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.

Hosted on MSN · 2d

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.

2don MSN

Nikola goes bankrupt, to sell assets in latest EV market turmoil

Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest ...

1d

Nikola’s Bankruptcy Sale Is Clouded by Trump’s Anti-EV Maneuvers

Nikola Corp.’s plan to sell its business in bankruptcy is complicated by the federal government’s expected retreat from ...

1d

Nikola went from $30bn EV hope to bankrupt penny stock in just five years – what went wrong?

ANALYSIS: Hydrogen as well as battery-pack fuelled trucks were the big plan for Nikola but they got only 400 onto the road ...

2d

Tesla rival once valued at $30bn collapses amid electric car downturn

An electric truck-maker that sought to rival Elon Musk’s Tesla has filed for bankruptcy in the US after its founder was sent ...

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