Nikola Corp. became the latest EV maker to go bankrupt on Wednesday, as the Phoenix-based battery-electric and fuel-cell-electric truck and van maker voluntarily filed for Chapter 11. The company ...

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot start-up and rising ...

PHOENIX (AP) — Troubled Phoenix-based electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.

This sentiment probably goes double for superstar professional athletes like Nikola Jokic. Wednesday is the reigning NBA MVP’s 30th birthday, a.k.a. when he’s unofficially started to really ...

Nikola Corp., a manufacturer of zero-emission trucks, filed for Chapter 11 bankruptcy protection. The company cited macroeconomic factors and market headwinds for its financial struggles.

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot startup and rising ...

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Startup Nikola has filed for Chapter 11 after failing to find financial help. The electric truck company was valued at $27 billion in 2020, making it more valuable than Ford. Founder Trevor Milton ...

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 ...