NEW YORK -- Federal prosecutors in Manhattan on Thursday charged Trevor Milton, the billionaire founder of electric truck manufacturer Nikola, with securities and wire fraud. Authorities had been ...

Nikola founder Trevor Milton was sentenced to four years in prison Monday due to fraudulent claims about his electric vehicle company. In court Monday, Milton portrayed himself as a generous and ...

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot start-up and rising ...

Nikola has filed for bankruptcy protection The company is seeking approval to sell remaining assets The company was once worth more than Ford during the EV startup boom Nikola announced on Wednesday ...

PHOENIX — Nikola, the once-booming electric vehicle company headquartered in Phoenix, filed for Chapter 11 bankruptcy protection Wednesday morning. The business, founded in 2014, promised a new model ...

due to declining market demand, massive financial losses, and liquidity issues that forced the company to sell off assets.

Nikola, the beleaguered electric truck developer, is at risk of being delisted from Nasdaq, the company disclosed Thursday in a regulatory filing. Nikola said that on May 24 it received a delisting ...

Electric vehicle startup Nikola has filed for Chapter 11 bankruptcy protection, and will soon begin selling off its assets as it looks to pay off an estimated $270 million in long-term debt. According ...