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 ...

Yet the bankruptcy filing is a particularly steep fall for Nikola, which was valued at more than industry giant Ford at its peak in 2020. General Motors agreed to take an 11% stake in the EV maker ...

Nikola was a hot startup and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona company's technology.

Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part of a struggling market.

Nikola looks to wind down operations EV maker latest to go bankrupt in the sector Market valuation tumbles to under $50 million from peak of $27 billion Feb 19 (Reuters) - Nikola (NKLA.O), opens ...

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.