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Another EV maker goes bust. Nikola’s stock plunges

Nikola EV maker, once valued at $30 billion, files for bankruptcy

Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.

MarketWatch on MSN · 2d

Another EV maker goes bust. Nikola’s stock plunges after bankruptcy filing.

Nikola to keep up ‘limited operations’ and will pay its employees while it pursues an auction and sale process.

The Verge on MSN · 2d

EV truck maker Nikola goes bust

Nikola was the latest high-profile EV company to go belly after failing to meet high expectations. Other EV startups that failed include Lordstown, Proterra, and Fisker. TuSimple, a self-driving truck company from China, pivoted to gaming tech.

Yahoo Finance2d

Nikola Goes Bankrupt, Capping Troubled EV Maker’s Long Slide

like Nikola, went public via blank-check reverse mergers during a wave of such listings in 2020. Swedish battery maker Northvolt AB filed for bankruptcy protection in the US in November.

20hon MSN

Rivian Automotive Stock Falls as EV Maker's Delivery Estimates Come Up Short

Rivian Automotive shares fell Friday, a day after the company predicted 2025 deliveries below analysts' estimates.

2don MSN

EV Maker Once Worth $30B Now on Brink of Collapse

Nikola, the electric vehicle maker which was once worth more than Ford, filed for bankruptcy on Wednesday after being unable ...

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Another EV maker goes bust. Nikola’s stock plunges

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