Nikola, the much-hyped hydrogen-truck maker that was briefly valued more than Ford Motor, is nearing a bankruptcy filing, according to people familiar with the matter. Phoenix-based Nikola has ...

Nikola, a developer of hydrogen fuel-cell and battery-electric trucks that was once among the most hyped automotive startups, is now considering filing for bankruptcy, the Wall Street Journal ...

Nikola, the maker of hydrogen and battery-powered trucks once valued at nearly $30bn ... looked to back what they hoped would be the next Tesla. But after its market capitalisation reached ...

Artur Widak / NurPhoto via Getty Images Shares of Nikola (NKLA) are tumbling around 33% in early trading Friday on a report that the electric truck maker is nearing a bankruptcy filing.

The electric-truck maker was exploring options, including selling parts of its business or the entire company, Bloomberg News reported last month. Nikola's cash and cash equivalents fell sharply ...

The company has also faced weak sales. In the first nine months of 2024, Nikola sold about 200 of its hydrogen-electric semi trucks. In October, it said that it had sufficient cash to fund ...

A Nikola hydrogen fuel cell electric vehicle at the 2024 Canadian Hydrogen Convention. Shares of Nikola are tumbling around 33% in early trading Friday on a report by The Wall Street Journal that ...