Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part of a struggling market.

So said Nikola Tesla, the famous engineer and inventor of ... In June 2020 the company floated on the Nasdaq exchange and on the third day of trading the share price surged over 100 per cent.

Electric vehicle maker Nikola announced on Wednesday that the ... been enough to overcome these significant challenges." Even Tesla and its CEO Elon Musk reported an initial drop in annual sales ...