Nikola was founded in 2015 and went public in 2020, one year before selling its first electric vehicle. Although investors with an eye on Tesla’s success initially showed enthusiasm for the ...

The 11-year-old EV maker aspired to be the Tesla of trucks. Nikola went public in June 2020 through a blank-check merger amid the euphoric pandemic stock-market recovery and Democratic promises of ...

Electric vehicle maker Nikola announced on Wednesday that the ... been enough to overcome these significant challenges." Even Tesla and its CEO Elon Musk reported an initial drop in annual sales ...

Impact Link Another would-be Tesla rival has filed for bankruptcy, in the latest sign of how difficult it is to make money off electric vehicles. Nikola, which makes electric and hydrogen trucks ...

By Neal E. Boudette Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to ...

Nikola, the Phoenix-based EV startup focused on electric and hydrogen commercial trucks, has filed for Chapter 11 bankruptcy. The news comes after reports earlier this month that the fledgling ...

Nikola, a truck manufacturer spruiking battery and hydrogen-powered alternatives to the Tesla Semi, is the latest manufacturer to declare an end to its production run. It follows failures for ...