G-21VCE8Y34V

Nikola Considers Bankruptcy, Capping EV Maker’s Wild Ride

Company Plagued by Weak Sales

Nikola Tre by Nikola Corp.

[Stay on top of transportation news: Get TTNews in your inbox.]

Nikola Corp. is exploring a possible bankruptcy filing, according to people familiar with the matter, after a tumultuous period in which the electric truck maker has swung between stock market darling and scandal-plagued enterprise.

The company is working with a law firm and financial advisers to prepare the potential …

CONTINUE READING THE ARTICLE FROM Transport Topics HERE

Comments are closed, but trackbacks and pingbacks are open.