Nikola Corporation , a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced that the Company and certain of its ...

Nikola plans to lay off 855 workers between in Phoenix and Coolidge as the electric truck maker moves forward with its ...

Nikola starts Chapter 11 bankruptcy and asset sale proceedings with about $47 million in cash to maintain operations, ...

The long-troubled Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday. News from company leaders had largely been quiet the past few months, leading some to believe such a move ...

Nikola Corp.’s bankruptcy included an unusual leader atop the customary list of biggest potential losers — the US Securities and Exchange Commission — and the agency’s chances of getting its claim ...

It took years of difficulty for the truck startup, which at one point eclipsed the market cap of Ford, to reach this point.

Nikola began to lose hundreds of thousands of dollars for each vehicle it sold as it attempted to scale up its production.

By 2022, Milton was convicted of wire and securities fraud and sentenced to four years in prison, though he remains free on ...

Another green industrial-policy project enters Chapter 11.

Electric truck maker Nikola Corp. was valued at over $30 billion in 2020, but has since faced financial and production ...

Nikola Corp. filed for bankruptcy, culminating a long slide for the onetime darling of the electric-vehicle industry, which ...

Recent filings paint a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion ...