Nikola files for bankruptcy amid mounting liabilities. Learn about its asset auction, struggles, and a potential delisting.
(RTTNews) - Nikola Corp. has filed for Chapter 11 bankruptcy protection while actively pursuing an asset sale, marking a pivotal juncture for the once-promising electric vehicle pioneer.
Nikola Corp. has filed for Chapter 11 bankruptcy protection after the Phoenix-based electric truck maker faced challenges with raising enough capital to remain afloat. Nikola Corp. has ...