Nikola, the much-hyped hydrogen-truck maker that was briefly valued more than Ford Motor, is nearing a bankruptcy filing, ...

Electric-truck maker Nikola is nearing filing for a bankruptcy, the Wall Street Journal reported on Thursday, citing people ...

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 ...

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.

Some of Nikola’s financial trouble stems from issues with its electric big-rig trucks, which were recalled in 2023 after engine fires halted sales. The company has also faced weak sales. In the ...

Shares of Nikola Corp. tumbled Friday after a report surfaced that the hydrogen-truck maker is close to filing bankruptcy. Nikola NKLA is working with its law firm Pillsbury Winthrop Shaw Pittman ...

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 ...

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 ...