Nikola’s assets are less easily divisible, particularly given the intertwined nature of its 691,000-square-foot manufacturing plant in Coolidge, Ariz., and its Hyla refueling business.

Nikola, a developer of hydrogen fuel-cell and battery-electric trucks that was once among the most hyped automotive startups, filed Chapter 11 bankruptcy protection in Delaware on Wednesday.

Nikola's Hyla assets, including six mobile refuelers and six hydrogen hauling trailers, are still up for grabs. (Hyla) Meanwhile, the court is expected to finally approve the sale process for the ...

Electric and hydrogen truck startup Nikola Corporation, which at one point had been valued at $30 billion, filed for Chapter 11 bankruptcy protection this week, seeking to auction off all of its ...

The Denver Nuggets traded away Michael Porter Jr., a key member of their 2023 NBA championship team. After seven seasons with ...

Nikola's truck also seems to have been rushed to market before the bugs were ironed out. And if anyone has any doubts, don't forget next year is when Tesla's Semi should reach meaningful production.

Nikola’s troubles worsened when its founder, Trevor Milton, was convicted on fraud charges in October 2022 stemming from false and misleading statements he made about the development of electric ...

If Nikola can’t find a buyer willing to take on the whole business, the company will pivot to selling off its assets in pieces in an attempt to satisfy more than $1 billion in liabilities ...

With his new team, the Brooklyn Nets, Michael Porter Jr. is determined to make the All-Star game in the 2025-26 Season ...