EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...
The electric vehicle startup Nikola has filed for bankruptcy protections after it failed to secure new money or locate a ...
Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...
On Wednesday, the electric vehicle maker — which paid $125 million to settle claims it misled investors — said it is seeking ...
The long-troubled Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday. News from company leaders had largely been quiet the past few months, leading some to believe such a move ...
"Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate," CEO Steve Girsky said in a statement.
In recent months, we have taken numerous actions to raise capital, reduce our liabilities, clean up our balance sheet and preserve cash to sustain our operations,” Steve Girsky, president and ...
Nikola – a once popular auto startup of investors – filed for bankruptcy protection after failing to secure a buyer or raise ...
PHOENIX — Nikola, the once-booming electric vehicle company headquartered in Phoenix, filed for Chapter 11 bankruptcy ...
Advertisement "Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate," Nikola CEO Steve Girsky said.
The struggling zero-emission OEM has faced increasing financial struggles since bursting on the scene with electric and fuel ...