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NIKOLA TRUCKS
Electric truck company Nikola files for Chapter 11 bankruptcy protection — Calls it ‘best possible path forward’In a press release, Nikola stated that it intends to continue providing limited (non-dealer) service and support operations for its trucks ...19 Feb, 2025, 09.45 PM IST- 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
- 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 recalls 209 battery-EV trucks over fire concernsNikola Motors has issued a voluntary recall of 209 battery-electric trucks 'Tre BEV' due to a coolant leak in a single battery pack which l...13 Aug, 2023, 01.26 PM 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 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-truck maker Nikola laying off 270 employeesNikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks to cut costs and sharpen its focus on th...17 Jun, 2023, 04.35 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
- EV start-up Nikola settles with US for USD 125 millionNikola Corp. violated the antifraud and disclosure control provisions of the federal securities laws, the Securities and Exchange Commissio...21 Dec, 2021, 10.14 PM 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
- Nikola founder Trevor Milton resigns as chairman amid allegations, SEC probeFounded by Milton in 2015 to develop trucks and pick-ups powered by electric batteries or hydrogen fuel cells, Nikola has not yet built any...22 Sep, 2020, 12.17 AM IST
- This founder is giving his first 50 employees $233 million of his stockThe company has garnered its share of skeptics. In June, as the shares surged to almost $80, a frenzy of short sellers sent Nikola borrowin...27 Aug, 2020, 10.22 AM IST
- Nikola founder channels Elon Musk in lashing out at naysayer tweetsMilton’s big ambitions, Twitter sparring and choice of name for his company have drawn inevitable comparisons with Elon Musk, and both comp...06 Jul, 2020, 09.22 AM IST
- Nikola founder exaggerated the capability of his debut truckNikola expects to have its first $1 billion year of revenue in 2023. The truck factory plans to build south of Phoenix is projected to reac...18 Jun, 2020, 10.34 AM IST
- A truck maker with zero revenue scores $7.6 billion return for early backersSix investors have positions in the truck maker totaling $8.3 billion after investing about $650 million combined, according to an analysis...17 Jun, 2020, 11.17 PM IST
- In the battle of electric-trucks, it is Nikola vs TeslaThe executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014.13 Jun, 2020, 10.45 AM IST
- A $26 billion truck company with zero revenue just surged 103%It’s forecasting zero revenue for 2020 and its first $1 billion year won’t be until 2023.09 Jun, 2020, 04.49 PM IST
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