It’s been a wild ride for the ambitious maker of large trucks, including a big-dollar deal with GM and a high-profile fraud conviction for its founder. But now, it’s bankrupt. Nikola’s rise was ...
Although sentenced to four years in prison plus fines, Trevor Milton was free on bail while appealing his sentence. A longtime donor to conservative political causes, Milton’s family notably donated ...
Electric truck manufacturer Nikola announced it had filed for Chapter 11 bankruptcy protection. The company will pursue a sale of its assets while fighting financial challenges. The company, founded ...