Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...

Nikola’s hydrogen trucks are officially up for auction, one of the company’s last big steps in unloading all of its assets after filing for bankruptcy in February. Auction house Gordon ...

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 ...

A Nikola spokesperson reached by CNN said more information would be released as it became available. The first report of a fire was around 4:30 am MT, Phoenix Fire Department captain Todd Keller said.

Electric truck maker Nikola shares plummeted Monday after it recalled nearly all of its battery electric semi trucks. The company recalled 209 of its Class 8 Tre battery electric vehicles after a ...

An icon in the shape of a lightning bolt. Impact Link General Motors and Nikola on Monday announced an update to the deal that set in motion a tumultuous fall for the high-flying truck startup.

Phoenix-based electric-truck manufacturer Nikola is paying $125 million to settle fraud charges by the U.S. Securities and Exchange Commission. The move is viewed as part of a crackdown on special ...

PHOENIX (3TV/CBS 5) — Electric vehicle manufacturer Nikola announced a recall of 209 electric semi trucks after saying a coolant leak was likely the cause of a blaze that ignited several ...

Nikola founder Trevor Milton has to repay the company $165 million for legal costs and a fine related to claims he made that were found to be fraudulent in federal court. Nikola’s disgraced ...

Lucid Group announced it will purchase important facilities and assets that formerly belonged to Nikola Corp. and will offer jobs to more than 300 of Nikola’s displaced workers. The move links ...

Nikola Corp. plans to lay off 855 workers between its Phoenix headquarters and Coolidge manufacturing facility as the electric truck maker moves forward with its Chapter 11 bankruptcy. Nikola ...

Nikola will conduct a 1-for-30 reverse stock split next week. Details of the plan have raised investors' concerns. As of 10:30 a.m. ET, Nikola's shares were down about 23.3% from Wednesday's ...