Nikola to cut 855 jobs in Arizona

Here’s Why Embattled Nikola Has Filed for Bankruptcy
EV and FCEV truck startup Nikola Corp. files for Chapter 11 bankruptcy protection, seeking a sale of its assets after being unable to secure additional investments. At one point the truck startup had been valued at $30 billion,
Nikola to cut 855 jobs in Arizona amid bankruptcy filing
Nikola Corp. plans to lay off 855 workers between its Phoenix headquarters and Coolidge manufacturing facility as the electric truck maker moves forward with its Chapter 11 bankruptcy.
Nikola, Arizona maker of emissions-free heavy trucks, files for bankruptcy
Nikola Corp. will have $47 million in cash on hand to navigate Chapter 11 process. It hopes to wind down its Coolidge operations in March.
Electric-truck maker Nikola files for Chapter 11 bankruptcy protection
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 the past few quarters.
Troubled electric truck maker Nikola files for bankruptcy
Hydrogen electric trucking startup Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after it failed to find a buyer or secure additional
EV automaker Nikola files for Chapter 11 bankruptcy
Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile scandal and a recall that rocked the company to its core, Nikola says it only has about $47 million in cash on hand.
Nikola’s Bankruptcy Sale Is Clouded by Trump’s Anti-EV Maneuvers
Nikola Corp.’s plan to sell its business in bankruptcy is complicated by the federal government’s expected retreat from ...
The High-Profile Failures of Nikola and Humane Highlight a Danger for Startups
Both Nikola and Humane faced the unique set of challenges that come with being first to market. It was a rough week for two ...
Nikola Corporation: Bankruptcy Likely To Wipe Out Equity Holders - Strong Sell
Nikola files for bankruptcy amid mounting liabilities. Learn about its asset auction, struggles, and a potential delisting.
Nikola Corp. stock falls Thursday, underperforms market
Shares of Nikola Corp. NKLA slid 5.60% to $0.44 Thursday, on what proved to be an all-around poor trading session for the ...
Nikola Strands SEC’s $80 Million Claim Atop List of Unpaid Bills
Nikola Corp.’s bankruptcy included an unusual leader atop the customary list of biggest potential losers — the US Securities and Exchange Commission — and the agency’s chances of getting its claim ...
freightwaves.com4d
For Nikola, the writing was on the wall
Recent filings paint a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion ...
Nikola Corp. stock rises Tuesday, outperforms market
Shares of Nikola Corp. NKLA rocketed 41.44% to $0.77 Tuesday, on what proved to be an all-around great trading session for ...
Hosted on MSN4d
Another EV Company, Nikola, Goes Belly Up
Nikola Corporation, maker of all-electric trucks, has officially filed Chapter 11 bankruptcy. The company has indicated it’s ...