In the transportation and climate tech worlds, Hindenburg is famous for exposing Nikola Motors ... placing physical warning triangles around semi trucks stopped along highways.
Artur Widak / NurPhoto via Getty Images Shares of Nikola (NKLA) are tumbling around 33% in early trading Friday on a report that the electric truck maker is nearing a bankruptcy filing.
The electric-truck maker was exploring options, including selling parts of its business or the entire company, Bloomberg News reported last month. Nikola's cash and cash equivalents fell sharply ...
The company has also faced weak sales. In the first nine months of 2024, Nikola sold about 200 of its hydrogen-electric semi trucks. In October, it said that it had sufficient cash to fund ...
A Nikola hydrogen fuel cell electric vehicle at the 2024 Canadian Hydrogen Convention. Shares of Nikola are tumbling around 33% in early trading Friday on a report by The Wall Street Journal that ...
Electric-truck maker Nikola is nearing filing for a bankruptcy, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The company's shares fell 20% to 60 cents in ...
Nikola, the much-hyped hydrogen-truck maker that was briefly valued more than Ford Motor, is nearing a bankruptcy filing, according to people familiar with the matter. Phoenix-based Nikola has ...
Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling part or all of the company, according to people familiar with the matter. Other possibilities under ...
(Reuters) -Electric-truck maker Nikola is nearing filing for a bankruptcy, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The company's shares fell 21% to 59 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nikola, the maker of hydrogen and battery-powered trucks once valued at nearly $30bn, said on Thursday that ...
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