Last week, Nikola (NKLA), once valued at around $30 billion, filed for bankruptcy. The news was not unexpected, given ...

Electric vehicle (EV) stocks are in focus after Nikola (NKLA) succumbed to its ongoing challenges and filed for Chapter 11 ...

Electric vehicle maker Lucid last month bought assets and facilities from another car marker, Nikola Motors; the latter had ...

These buildings contain a full-size chassis dynamometer, battery testing chambers, machining equipment, and advanced ...

Nikola has failed to establish itself as a manufacturer of electric trucks and has gone bankrupt. The bankruptcy assets will now probably go to a neighbor. Lucid Motors has surprisingly prevailed ...

That arbitration award remains a key component of Nikola's Chapter 11 bankruptcy case. Ahead of the bankruptcy, Nikola was able to settle a class action lawsuit by shareholders related to the ...

Nikola, which made big-rig trucks run on electricity and hydrogen, sought bankruptcy protection in February, citing dwindling cash after years of losses. Lucid also has struggled financially ...

Lucid Group (LCID) announced it has reached an agreement to acquire select facilities and assets in Arizona previously belonging to Nikola (NKLA), subject to approval by the U.S. Bankruptcy Court ...

Despite Nikola’s ongoing Chapter 11 bankruptcy proceedings, Milton, freshly pardoned by President Donald Trump after his 2023 securities fraud conviction, is aggressively trying to acquire the ...

This acquisition follows Nikola’s bankruptcy auction, which concluded on April 10, 2025. Lucid will take over Nikola's former manufacturing plant in Coolidge and its previous headquarters and ...

Anthony Noto Lucid Wins Nikola Bankruptcy Auction, Buys Nikola Facilities for $30 Million To Boost US EV Production Lucid Group, Inc (NASDAQ: LCID) to acquire facilities and assets previously ...

along with electric vehicle-maker Nikola and crafts retailer Joann. Other notable firms that entered the bankruptcy process include restaurant chain Hooters and genetic testing company 23andMe.