Entering Monday, the EV maker’s shares are off almost 30% from their all-time closing high of about $480 on Dec. 17.

Nikola filed for Chapter 11 bankruptcy protection last week, and with that came staff cuts at two locations in the state.

Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.

Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...

Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...

Nikola to keep up ‘limited operations’ and will pay its employees while it pursues an auction and sale process.

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

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 follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, ...

Nikola was the latest high-profile EV company to go belly after failing to meet high expectations. Other EV startups that ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...

Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...