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Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.
The electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection, it said Wednesday. Executives said in October the EV maker had enough cash to operate only until 2025's first quarter.
Nikola files for Chapter 11 bankruptcy protection, ... Nikola is entering bankruptcy proceedings with $47 million in cash, less than a quarter of the $197 million it had at the end of Q3 2024.
Nikola announced on Wednesday that it has filed for Chapter 11 bankruptcy protection, joining a growing list of highly publicized EV startups that have faced a similar fate in recent years ...
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot start-up and rising ...
DETROIT — Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail investors — filed for bankruptcy protection after failing to secure a buyer or raise ...
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot start-up and rising ...
DETROIT — Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail investors — filed for bankruptcy protection after failing to secure a buyer or raise ...