Nikola, a startup that built electric and hydrogen fuel-cell semi-trucks, filed for bankruptcy earlier this year, and now its assets are up for grabs. The auction listing from Gordon Brothers includes ...
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 of its ...
The embattled EV truck maker Nikola is going kaput. The company just announced a filing for Chapter 11 bankruptcy protection and a plan to sell off assets. These assets will be sold at an auction, ...
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 ...
It’s been a wild ride for the ambitious maker of large trucks, including a big-dollar deal with GM and a high-profile fraud conviction for its founder. But now, it’s bankrupt. Nikola’s rise was ...
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 ...
If the manufacturer of the trucks you bought implodes, what do you do? After Nikola Corp. filed for Chapter 11 bankruptcy protection on Feb. 19, customers expressed hope a buyer could be found for the ...
Nikola’s rise was dramatic, but its fall was a little slower. Like any startup, the promises were rosy: zero-emissions heavy trucks, for long- and short-haul routes, to decarbonize roadgoing transport ...