Nikola Corp. plans to lay off 855 workers between its Phoenix headquarters and Coolidge manufacturing facility as the ...

The American company, the former CEO of which went to prison for fraud, will seek to sell off most or all of its assets ...

Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the ...

Nikola follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, ...

The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court ...

Nikola filed for bankruptcy protection after failing to secure the necessary capital to sustain its operations and continue ...

Nikola Corp.’s bankruptcy included an unusual leader atop the customary list of biggest potential losers — the US Securities and Exchange Commission — and the agency’s chances of getting its claim ...

It took years of difficulty for the truck startup, which at one point eclipsed the market cap of Ford, to reach this point.

Nikola experienced massive financial decline after its USD 27 billion peak valuation because it dealt with executive ...

Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan, Sujeet Indap, Eric Platt, Antoine Gara, Amelia Pollard and Maria Heeter ...

Phoenix-based electric automaker Nikola has filed bankruptcy and closing for good in Arizona so here's what the means for ...

By 2022, Milton was convicted of wire and securities fraud and sentenced to four years in prison, though he remains free on ...