EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...

Remaining Nikola staff is having a worse week than you – the company issued a recall for 95 of its hydrogen fuel cell-powered semi trucks.

Electric truck maker Nikola, which briefly boasted a market value above Ford Motor before its founder ... was followed by a steep decline as the company stumbled trying to fulfill the lofty ...

But the hype around the company was immense. In 2020, Nikola was valued at around $30 billion, exceeding the market capitalization of Ford Motor Co. Nikola filed for protection in the United ...

In 2020, Nikola was valued at around $30 billion, exceeding the market capitalization of Ford Motor Co. The company has had difficulty scaling its business, which mostly focused on EV trucks.

when it was valued more than Ford Motor Co., according to Reuters. Since going public in 2020 through a merger with a blank-check company, Nikola's stock had fallen below the $1 mark on several ...

Bankrupt electric vehicle maker Nikola Corp. won court permission to ... is discussing a potential carve-out for cars after Ford Motor Co., General Motors Co. and Stellantis NV asked for relief ...

But the hype around the company was immense. In 2020, Nikola was valued at around $30 billion, exceeding the market capitalization of Ford Motor Co. The company has had difficulty scaling its ...