Nikola Corporation (NASDAQ:NKLA) plunged in early trading on Wednesday after the company announced that it filed voluntary ...

Nikola, the startup that sought to build fleets of electric heavy-duty trucks, has filed for bankruptcy and plans to shut down. The company, which filed for Chapter 11 bankruptcy Wednesday ...

The batteries that power electric trucks are too expensive. They take too long to charge. And there aren’t enough places to plug the trucks in. “It was excessively ambitious,” said Daniel ...

The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business. By Neal E. Boudette Nikola, an electric vehicle start-up ...

Milton was sentenced in 2023 to four years in prison for lying to investors about the company’s hydrogen and electric truck technology. Industry veteran Stephen Girsky, who was an analyst at ...

Electric truck startup Nikola was once worth more than Ford, but has now filed for bankruptcy. The truck maker faced a high-profile fraud scandal and eventually ran out of money. Nikola is the ...

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 ...

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 ...

Zero-emission truck maker Nikola has filed for bankruptcy after failing to scale its business. The company was developing electric and hydrogen trucks, along with hydrogen fulling infrastructure.

Electric truck manufacturer Nikola announced it had filed for Chapter 11 bankruptcy protection. The company will pursue a sale of its assets while fighting financial challenges. The company ...

An electric truck-maker that sought to rival Elon Musk’s Tesla has filed for bankruptcy in the US after its founder was sent to prison for fraud. Nikola, which developed hydrogen fuel and ...