Troubled electric truck maker Nikola files for bankruptcy | TechCrunchNikola Corp. has filed for Chapter 11 bankruptcy due to financial struggles and inability to secure funds after a series of scandals.
Prediction: This EV Stock Will Be the Best Performer the Rest of 2024Electric vehicle sales have been disappointing despite high expectations, but Wall Street remains optimistic, particularly with Nikola Corp.
Troubled electric truck maker Nikola files for bankruptcy | TechCrunchNikola Corp. has filed for Chapter 11 bankruptcy due to financial struggles and inability to secure funds after a series of scandals.
Prediction: This EV Stock Will Be the Best Performer the Rest of 2024Electric vehicle sales have been disappointing despite high expectations, but Wall Street remains optimistic, particularly with Nikola Corp.
Troubled electric truckmaker Nikola offers up to $100 million in common stock | TechCrunchNikola Corp. is working to recover from financial and reputational damage post-founder conviction while trying to strengthen its financial position.