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 ...

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 ...

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 ...

Now a penny stock, Nikola filed for chapter 11 on Wednesday in a Wilmington, Del., court, joining other Tesla wannabees that have run out of road before their zero-emissions visions were realized.

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 ...