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Another EV maker goes bust. Nikola’s stock plunges

Why an electric-truck maker once worth more than Ford just went bust

Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy protection.

MarketWatch · 3d

Another EV maker goes bust. Nikola’s stock plunges after bankruptcy filing.

Nikola Corp. became the latest EV maker to go bankrupt on Wednesday, as the Phoenix-based battery-electric and fuel-cell-electric truck and van maker voluntarily filed for Chapter 11. The company ...

The Verge on MSN · 3d

EV truck maker Nikola goes bust

Nikola was the latest high-profile EV company to go belly after failing to meet high expectations. Other EV startups that failed include Lordstown, Proterra, and Fisker. TuSimple, a self-driving truck company from China, pivoted to gaming tech.

Rivian, EV and Maker's Delivery Estimates

Wall Street Journal · 1d

Rivian Stock Falls After EV Maker Warns of Slower Sales This Year

Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was driven by sales of regulatory credits to other automakers, rather than electric-vehicle sales.

MarketWatch on MSN · 1d

Rivian keeps promise on making a profit, but here’s why the stock is falling

Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.

Investopedia on MSN · 1d

Rivian Automotive Stock Falls as EV Maker's Delivery Estimates Come Up Short

Key Takeaways Rivian Automotive predicted 2025 deliveries below analysts' estimates.Like electric truckmaker Nikola, which filed for bankruptcy this week, Rivian warned about a challenging environment for EV manufacturers.

3don MSN

Nikola EV maker, once valued at $30 billion, files for bankruptcy

Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.

EV maker Nikola files for Chapter 11 bankruptcy protection

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...

New York Post3d

Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy

Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...

3don MSN

EV Maker Once Worth $30B Now on Brink of Collapse

Nikola, the electric vehicle maker which was once worth more than Ford, filed for bankruptcy on Wednesday after being unable ...

Reuters4d

Nikola goes bankrupt, to sell assets in latest EV market turmoil

Nikola looks to wind down operations EV maker latest to go bankrupt in the sector Market valuation tumbles to under $50 million from peak of $27 billion Feb 19 (Reuters) - Nikola (NKLA.O), opens ...

justthenews2d

Electric truck-maker Nikola falls into bankruptcy joining a procession of failed EV startups

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

2don MSN

Elon Musk had his $100 billion Tesla pay package denied by Delaware courts twice. Now, one of the EV maker’s law firms wants to change state law

With help from famed former judge Leo Strine, Delaware lawmakers have raced to propose a bill friendlier to controlling ...

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