Nikola shares are slumping. A report says the hydrogen-truck maker is nearing bankruptcy.
Nikola shares are tumbling after The Wall Street Journal reported that the once high-flying hydrogen-truck maker is about to file bankruptcy. Photo: Nikola Corp. Shares of Nikola Corp. tumbled Friday after a report surfaced that the hydrogen-truck maker is close to filing bankruptcy.
Nikola is reportedly preparing for a potential bankruptcy filing, marking one of the most dramatic downfalls in the EV ...
Nikola has pursued various paths to bolster its cash, going through several rounds of layoffs. In December 2024, it filed to ...
The Wall Street Journal first reported that Nikola was considering a financial restructuring.
A recent Bloomberg report said Nikola is considering a possible sale or partnership as it attempts to raise capital to stay ...
Nikola Corp. is exploring strategic options, including partnerships and capital raising, amidst bankruptcy rumors and ...
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One EV Truck Maker is Going to Zero, And It’s Just The First Domino To fall (RIVN, LCID, NKLA)With shares under $1, Nikola (NASDAQ: NKLA) is risking bankruptcy, underscoring the larger difficulties smaller EV firms like ...
Mullen Automotive is taking over the battery business of the financially ailing electric truck manufacturer Nikola. The ...
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