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NIKOLA EV
Nikola shares slump 38% after it goes bankrupt, to sell assets in latest EV market turmoilNikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehic...19 Feb, 2025, 09.31 PM IST- What are EV startups doing to ride out weak demand?Fisker filed for bankruptcy protection due to fundraising difficulties and weak demand for its Ocean electric SUV. Rivian, Lucid Group, and...19 Jun, 2024, 11.04 AM IST
- What are EV startups doing to ride out weak demand?US electric vehicle startups are turning to cheaper models, slamming the brakes on their production ramp-up plans and laying off employees ...08 Mar, 2024, 11.40 PM IST
- Hindenburg’s Adani, Icahn calls mark year of prominent betsThese successes mark a string of big hits dealt by the firm founded by Nate Anderson. A scorecard of 14 of the firm’s prominent bets since ...19 Dec, 2023, 08.43 AM IST
- EV startup founders made big claims, now one could go to prisonA federal judge in Manhattan will sentence Trevor Milton, founder and former CEO of the truck company Nikola, after a jury found him guilty...19 Dec, 2023, 12.38 AM IST
- Nikola shares plummet 26% as electric truck maker names 4th CEO in 4 yearsNikola forecast third-quarter revenue of USD 18 million to USD 28 million, compared with estimates of USD 34.5 million, according to Visibl...05 Aug, 2023, 10.17 AM IST
- EV startups burn through more cash as demand faltersEven market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing mon...03 Aug, 2023, 10.22 PM IST
- Huge rallies boost Tupperware, Yellow shares into 'meme stock' clubShares of trucking company Yellow jumped more than 78% on Tuesday, after more than doubling in the previous session, following a news repor...02 Aug, 2023, 08.32 AM IST
- EV startup Nikola reports jump in second-quarter deliveries, shares riseNikola, which went public in 2020, produced 33 trucks during the second quarter, compared with 63 trucks in the preceding quarter.05 Jul, 2023, 08.21 PM IST
- Electric-vehicle startups set to extend blistering rallyThe winning streak has come without any apparent news or catalyst for the companies, leading several analysts and traders to point to a pot...16 Jun, 2023, 04.36 PM IST
- Electric truck maker Nikola plunges 5% on receiving delisting noticeNikola has been trying to raise cash for operations by selling equity, like other electric vehicle (EV) firms, in a turbulent market, and o...26 May, 2023, 09.08 AM IST
- US electric vehicle startups set for another quarter of steep cash burnHaving gone public with hopes of shaking up the automobile industry, these companies have seen their market valuations evaporate in the pas...08 May, 2023, 03.37 PM IST
- Tesla shares sink after supply chain warning, hitting other EV makersChief Executive Elon Musk told a quarterly conference call that Tesla would not launch new models like Cybertruck this year because it woul...28 Jan, 2022, 07.24 AM IST
- The quest to replicate Tesla’s success keeps EV mania aliveFor startups aiming to mimic Musk’s success and for traditional carmakers struggling to disrupt themselves, most lingering doubts about fut...19 Dec, 2020, 08.49 AM IST
- Indians investing in US stocks turn to little-known EV players as Tesla turns costlyData shared by Winvesta, another firm that operates a platform to facilitate investment in foreign securities, showed FAANG stocks form nea...17 Dec, 2020, 10.20 AM IST
- For auto companies, finding a partner to go green may be easier said than doneIn the world of cars, investors seem to love news of partnerships, synergies and cost-savings as expensive tech upends long-held rules of t...25 Sep, 2020, 10.28 AM IST
- Nikola confronts future of doubts on chair exit, stock dropThe worsening stock rout also is a blow to GM, which agreed to take an 11% equity stake in Nikola earlier this month22 Sep, 2020, 09.04 AM IST
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