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Nikola files Chapter 11 bankruptcy

Hosted on MSN · 2d

Nikola EV maker, once valued at $30 billion, files for bankruptcy

Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.

Nikola went from $30bn EV hope to bankrupt penny stock in just five years – what went wrong?

ANALYSIS: Hydrogen as well as battery-pack fuelled trucks were the big plan for Nikola but they got only 400 onto the road last year. Karl Matchett details the wrong turns taken

Fox Business · 3d

EV maker Nikola files for Chapter 11 bankruptcy protection

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.

3don MSN

EV maker Nikola goes bankrupt, to sell assets as cash burn takes toll

Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest ...

3don MSN

Tesla rival Nikola files for Chapter 11 bankruptcy citing dire electric vehicle market

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

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