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 ...

Plans to build a Shoreham museum honoring the life and work of legendary inventor Nikola Tesla received "a major shot in the arm" when state parks officials announced a $500,000 grant for the ...

Nikola, a truck manufacturer spruiking battery and hydrogen-powered alternatives to the Tesla Semi, is the latest manufacturer to declare an end to its production run. It follows failures for ...

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 ...

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 troubled electric truck maker Nikola has filed for Chapter 11 bankruptcy protection, the company said Wednesday. Nikola's CEO, Steve Girsky, said in a statement that "various market and ...

The 11-year-old EV maker aspired to be the Tesla of trucks. Nikola went public in June 2020 through a blank-check merger amid the euphoric pandemic stock-market recovery and Democratic promises of ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...

Electric truck maker Nikola Corp. filed for Chapter 11 bankruptcy protection on Wednesday after the company failed to overcome market and macroeconomic challenges. "Like other companies in the ...

Nikola files for Chapter 11 bankruptcy, seeking asset sale while continuing limited operations until March 2025. Nikola plans to pursue value-maximizing sale transactions for its operations. Every ...