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

The EV start-up, once valued at $30 billion, now plans to sell its assets through an auction. Read what went wrong with the ...

Nikola Motors has filed for Chapter 11 bankruptcy protection, planning to sell its assets. Despite innovations in electric trucks, it faced challenges like leadership changes, funding difficulties, ...

Troubled electric vehicle maker Nikola, which is based in Arizona, has filed for Chapter 11 bankruptcy protection.

To McIntosh, the most surprising bankruptcy of 2024 was Eiger BioPharmaceuticals, a metabolic disease biotech that was ...

Among other EV makers, Tesla Inc.'s stock (TSLA) climbed 2.9%, shares of Rivian Automotive Inc. (RIVN) lost 2% and Mullen Automotive Inc. shares (MULN) tumbled 19.9%. The company's bankruptcy comes ...

Nikola Motors, once the hottest startup in trucking's migration to zero emissions, filed for bankruptcy Wednesday after seeking but failing to find a buyer or raise new capital. Nikola has also filed ...

Nikola Corp. will have $47 million in cash on hand to navigate Chapter 11 process. It hopes to wind down its Coolidge ...

PHOENIX — Nikola, the once-booming E.V. company headquartered in Phoenix, filed for Chapter 11 bankruptcy protection Wednesday morning.

The hydrogen-truck maker, which briefly sported a market value comparable with Ford, has filed for bankruptcy with plans to wind down its business.