Nikola was founded in 2015 and went public in 2020, one year before selling its first electric vehicle. Although investors with an eye on Tesla’s success initially showed enthusiasm for the ...

The company that filed for Chapter 11 bankruptcy. Another failure in the electric vehicle sector, where many startups have ...

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

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot startup and rising ...

Nikola Corporation, once a darling of Wall Street and a pioneer in sustainable transportation, has filed for Chapter 11 ...

Impact Link Another would-be Tesla rival has filed for bankruptcy, in the latest sign of how difficult it is to make money off electric vehicles. Nikola, which makes electric and hydrogen trucks ...

By Neal E. Boudette Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to ...

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 ...