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Nikola Corporation

0.1830

+0.0000

Volume:- -

Turnover:- -

Market Cap:15.46M

PE:-0.01

High:0.1830

Open:0.1830

Low:0.1830

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Overview Company News Filings

PRESS DIGEST - Wall Street Journal - Feb 20

Electric truck startup Nikola files for bankruptcy

Asian Morning Briefing: S&P Reaches New Record as U.S. Stocks Advance

For Nikola, the writing was on the wall

Nikola Shares Plunge 38% as Company Files for Chapter 11 Bankruptcy, Plans Asset Sale

US STOCKS-Wall St flutters as Fed minutes reveal concerns over Trump trade policy

Nikola Files for Chapter 11 Bankruptcy Protection; Shares Tumble

S&P 500 Edges Higher; Analog Devices Earnings Top Views

BREAKINGVIEWS-Nikola crash bookends capital market morality tale

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

businessinsider.com

What's Going On With Mullen Automotive Stock Today?

Top Midday Stories: Judge Rejects PBMs' Bid to Block FTC Insulin Pricing Case; Nikola Files for Chapter 11 Bankruptcy

MT Newswires Live

FACTBOX-US EV startups under spotlight as Nikola files for bankruptcy

Nikola, Once a Darling of Green Investment, Files for Bankruptcy -- Update

Nikola Files for Chapter 11 Bankruptcy, Faces Uncertain Future

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

Nikola Stock Plunges 44% on Chapter 11 Bankruptcy Filing -- Barrons.com

Nikola Shares Down 38% After Co Files for Bankruptcy Protection

THOMSON REUTERS

EV Stock Mixed: Tesla up 1%; NIO up 2%; XPeng up 4%; Li Auto up 5%; Nikola Down 42%

Tiger Newspress

Nikola Files for Chapter 11, Plans Quick Asset Sale Amid EV Struggles

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Reuters has not verified these stories and does not vouch for their accuracy","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250220:nL3N3PB0EV:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TRUMP.USD.CC","TPR","LU1334329650.SGD","LU1670711123.USD","NKLA","LU0477156797.USD","LU0553294199.USD","LU1670710588.SGD","LU2750360641.GBP","CAL","LU0820561818.USD","X","LU1244550577.SGD","IE0034235071.USD","IPG","LU0456854461.SGD","SGXZ23171101.USD","LU0127658192.USD","LU0265550946.USD","IE00B775H168.HKD","NKLAQ","LU1116320901.HKD","LU0724617625.USD","IE00B1BXHZ80.USD","IE00BFXG0V08.USD","DJT","LU1935042488.USD","LU2023250504.SGD","LU1691799644.USD","MSFT","LU1712237335.SGD","LU2237443895.HKD","LU1674673691.USD","LU1153585028.USD","LU0964807845.USD","IE00B19Z8W00.USD","BK4588","LU0149725797.USD","BK4592","RIO.AU","SGXZ51526630.SGD","LU0757359368.USD","LU1582986433.USD","RUM","IE00BN8TJ469.HKD","LU0170899867.USD","IE0034235303.USD","LU0234572021.USD","BK4149","RIO.UK","GLEN.UK"],"gpt_icon":1},{"id":"2512453395","title":"Electric truck startup Nikola files for bankruptcy","url":"https://stock-news.laohu8.com/highlight/detail?id=2512453395","media":"LA Times","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512453395?lang=en_us&edition=fundamental","pubTime":"2025-02-20 05:54","pubTimestamp":1740002070,"startTime":"0","endTime":"0","summary":"The Nikola Tre battery electric Class 8 truck. The Phoenix-based company's stock prices soon began to plunge as doubts emerged about the viability of its technology.Nikola, the startup that sought to build fleets of electric heavy-duty trucks, has filed for bankruptcy and plans to shut down.The company, which filed for Chapter 11 bankruptcy Wednesday, expects to sell all or most of its assets in order to maximize value for shareholders and ensure an “orderly wind down of its businesses,” a release announcing the filing said. Nikola was founded in 2015 and went public in 2020, one year before selling its first electric vehicle.Nikola's troubles worsened when its founder, Trevor Milton, was convicted on fraud charges in October 2022 stemming from false and misleading statements he made about the development of electric and hydrogen-powered trucks. Prosecutors said Milton created a misleading video of a hydrogen-powered semi truck prototype cruising along a flat road. 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Treasury yields gave up early gains and declined after minutes from the Federal Reserve brought no big surprises. Oil futures advanced on supply concerns after this week's drone strike on a pumping station for a pipeline carrying crude from Kazakhstan to the Black Sea, and some North Dakota production being shut in by the freezing weather. 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On Wednesday, Nikola Corp. — once a darling of the electric vehicle industry — filed for Chapter 11 bankruptcy protection.This move signaled the culmination of a tumultuous journey from a company valued at $26 billion in 2020 to one now seeking to liquidate assets and restructure operations. Its bankruptcy filing paints a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion against liabilities ranging from $1 billion to $10 billion.As the company pursues an auction and sale process for its assets , the outcome remains uncertain for stakeholders and the broader zero-emissions transportation sector.Nikola’s inception in 2014 marked an ambitious entry into the nascent field of hydrogen-powered trucks. The company quickly garnered attention for its bold claims of revolutionizing the trucking industry with zero-emissions technology.Nikol","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nikola-writing-wall-202947670.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4149","BK4562","BK4551","NKLAQ","BK4555","NKLA"],"gpt_icon":0},{"id":"2512989439","title":"Nikola Shares Plunge 38% as Company Files for Chapter 11 Bankruptcy, Plans Asset Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2512989439","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512989439?lang=en_us&edition=fundamental","pubTime":"2025-02-20 04:10","pubTimestamp":1739995834,"startTime":"0","endTime":"0","summary":"Nikola Corporation  shares fell 38.8% to $0.47 on Wednesday at 12:07 PM GMT-5 after the company filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware.GuruFocus has detected 8 Warning Signs with NKLA.Under Section 363 of the U.S. Bankruptcy Code, the corporation intends to auction and liquidate its assets.Pending court clearance, Nikola, which aimed to create zero-emission trucks, would keep restricted activities including repairing current cars and preserving select HYLA fuelling operations. These events are supposed to go until the end of March, after which other activities depending on outside partners will follow.With about $47 million in cash, Nikola files for bankruptcy hoping to support continuous operations, pay for debt, and enable an asset sale. The business said that its decision to expedite the asset selling process was motivated by cash problems and the hefty bankruptcy expenses.Trevor Milton started Nikola in Salt Lake City in","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nikola-shares-plunge-38-company-201034610.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NKLA","BK4555","BK4551","NKLAQ","BK4149","BK4562"],"gpt_icon":0},{"id":"2512436850","title":"US STOCKS-Wall St flutters as Fed minutes reveal concerns over Trump trade policy","url":"https://stock-news.laohu8.com/highlight/detail?id=2512436850","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512436850?lang=en_us&edition=fundamental","pubTime":"2025-02-20 03:36","pubTimestamp":1739993794,"startTime":"0","endTime":"0","summary":"US STOCKS-Wall St flutters as Fed minutes reveal concerns over Trump trade policyNikola falls after filing for bankruptcy protection Analog Devices gains after Q1 results beat estimatesIndexes: Dow off 0.30%, S&P 500 up 0.06%, Nasdaq up 0.03%Updates to mid-afternoonBy Stephen Culp","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250219:nL3N3PA186:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE0009354923.USD","LU2237443382.USD","BK4512","LU1670711123.USD","BK4106","LU1861217088.USD","LU0957808578.USD","LU1815336760.USD","FOUR","NKLA","GB","CE","LU2272731782.SGD","LU0314104364.USD","LU1803068979.SGD","BK4585","LU1074936037.SGD","IE0009356076.USD","LU1244550577.SGD","BK4562","LU0889565833.HKD","LU1670710661.SGD","BK4109","LU0719512351.SGD","LU2237438978.USD","NKLAQ","BK4561","LU1861219969.SGD","IE00B5949003.HKD","LU2298322129.HKD","BK4515","ADI","LU0124384867.USD","LU0724618433.USD","BK4141","LU1878469433.USD","BK4588","LU1642822529.SGD","LU1923622291.USD","LU2237443622.USD","LU2272731600.USD","BK4551","LU2237443549.SGD","LU1244550494.USD","LU2125909759.SGD","BK4227","LU2237443978.SGD","LU1244550221.USD","LU1992135399.USD","LU2360107325.USD","BK4605"],"gpt_icon":0},{"id":"2512436794","title":"Nikola Files for Chapter 11 Bankruptcy Protection; Shares Tumble","url":"https://stock-news.laohu8.com/highlight/detail?id=2512436794","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512436794?lang=en_us&edition=fundamental","pubTime":"2025-02-20 03:24","pubTimestamp":1739993090,"startTime":"0","endTime":"0","summary":"Nikola  said Wednesday it filed for Chapter 11 bankruptcy protection and that it plans to pursue a sale of all or some of its assets amid \"significant\" market and macroeconomic challenges.The electric truck maker and certain of its subsidiaries filed for protection in the US Bankruptcy Court for the District of Delaware. The company has also filed a motion seeking approval to pursue an auction and sale of the business.In December 2021, the company agreed to pay $125 million to settle fraud charges brought by the US Securities and Exchange Commission against its founder and former CEO, Trevor Milton.Milton, who resigned from Nikola in September 2020, was charged by the US Department of Justice in July 2021 with two counts of securities fraud and one count of wire fraud. The US Attorney's Office said at the time that Milton made false claims regarding \"nearly all aspects\" of Nikola's business.In June last year, EV maker Fisker's operating subsidiary filed for bankruptcy protection amid m","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nikola-files-chapter-11-bankruptcy-192450928.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4555","BK4149","NKLA","BK4562","NKLAQ","BK4551"],"gpt_icon":0},{"id":"2512702438","title":"S&P 500 Edges Higher; Analog Devices Earnings Top Views","url":"https://stock-news.laohu8.com/highlight/detail?id=2512702438","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512702438?lang=en_us&edition=fundamental","pubTime":"2025-02-20 02:29","pubTimestamp":1739989753,"startTime":"0","endTime":"0","summary":" ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/25/02/43821314/s-analog-devices-earnings-top-views","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NKLAQ","SINT","SPY","ALUR","VOO","NKLA",".SPX","COMP","CNSP","SEDG","ADI"],"gpt_icon":1},{"id":"2512438343","title":"BREAKINGVIEWS-Nikola crash bookends capital market morality tale","url":"https://stock-news.laohu8.com/highlight/detail?id=2512438343","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512438343?lang=en_us&edition=fundamental","pubTime":"2025-02-20 02:11","pubTimestamp":1739988707,"startTime":"0","endTime":"0","summary":"BREAKINGVIEWS-Nikola crash bookends capital market morality taleThe author is a Reuters Breakingviews columnist.  The opinions expressed are his own.By Jonathan  Guilford","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250219:nL5N3PA0SE:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NKLA","BK4555","BK4551","NKLAQ","BK4149","BK4562"],"gpt_icon":0},{"id":"2512645967","title":"Why an electric-truck maker once worth more than Ford just went bust","url":"https://stock-news.laohu8.com/highlight/detail?id=2512645967","media":"businessinsider.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512645967?lang=en_us&edition=fundamental","pubTime":"2025-02-20 01:39","pubTimestamp":1739986747,"startTime":"0","endTime":"0","summary":"Nikola, an electric-truck startup, was once worth more than Ford but recently filed for bankruptcy.The truck maker faced a high-profile fraud scandal and eventually ran out of money.Nikola is the late","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businessinsider.com/nikola-bankruptcy-why-collapsed-ford-tesla-elon-musk-2025-2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"businsider_highlight","symbols":["LU0234570918.USD","LU0348723411.USD","LU1066051498.USD","LU2602419157.SGD","LU1914381329.SGD","LU2471134952.CNY","IE00BWXC8680.SGD","LU1861220033.SGD","LU0198837287.USD","BK4574","LU0316494557.USD","LU1778281490.HKD","NKLAQ","BK4562","SG9999015978.USD","LU1720051017.SGD","IE0034235303.USD","LU2750360997.AUD","LU2360106780.USD","NKLA","BK4598","LU2756315664.SGD","BK4588","SG9999015945.SGD","LU2756315318.SGD","LU2326559502.SGD","BK4543","F","LU0234572021.USD","SG9999015986.USD","SG9999015952.SGD","TSLA","LU0345770308.USD","LU0345770993.USD","LU2471134523.USD","IE00BSNM7G36.USD","LU0943347566.SGD","LU0082616367.USD","BK4604","LU1066053197.SGD","LU2250418816.HKD","LU0077335932.USD","LU2471134796.USD","LU2750360641.GBP","TSYW.SI","IE00BK4W5L77.USD","IE00BJLML261.HKD","BK4548","BK4550","LU1145028129.USD","LU2357305700.SGD"],"gpt_icon":1},{"id":"2512487810","title":"What's Going On With Mullen Automotive Stock Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=2512487810","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512487810?lang=en_us&edition=fundamental","pubTime":"2025-02-20 01:11","pubTimestamp":1739985073,"startTime":"0","endTime":"0","summary":"Mullen Automotive reports a significant quarterly loss, announces cost-cutting measures, and experiences a sharp drop in stock price.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/43818903/whats-going-on-with-mullen-automotive-stock-today-14","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4099","NKLA","BK4555","BK4551","MULN","BK4149","BK4562"],"gpt_icon":0},{"id":"2512482435","title":"Top Midday Stories: Judge Rejects PBMs' Bid to Block FTC Insulin Pricing Case; Nikola Files for Chapter 11 Bankruptcy","url":"https://stock-news.laohu8.com/highlight/detail?id=2512482435","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512482435?lang=en_us&edition=fundamental","pubTime":"2025-02-20 00:59","pubTimestamp":1739984350,"startTime":"0","endTime":"0","summary":"Major US stock indexes were mixed around midday trading after President Donald Trump on Tuesday floated the idea of broadening tariffs on imports to include automobiles, pharmaceuticals and semiconduc","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["AAPL","LU0289961442.SGD","CVS.AU","IE00BZ1G4Q59.USD","LU0823416689.USD","GM","IE0003U64NQ7.SGD","LU2211815571.USD","LU2462157665.USD","BK4503","BK4581","BK4575","LU0949170426.SGD","LU0094547139.USD","LU0238689110.USD","LU0477156797.USD","HEES","CI","UNH","HRI","LU1221951046.USD","IE00B19Z3B42.SGD","BK4550","IE00B3SWFQ91.USD","IE00B4YYXB79.USD","LU0823417653.USD","LU1059921491.USD","LU1732799900.SGD","LU2089284900.SGD","MACW.SI","CVS","URI","LU1340139317.AUD","IE00BKVL7J92.USD","SG9999015945.SGD","HIMS","USJW.SI","LU2095319765.USD","LU0511384066.AUD","LU0170899867.USD","NKLAQ","GOOG","FTC","LU1181866309.USD","LU2360108059.USD","MSFT","GOOGL","KKR","SGXZ81514606.USD","LU2275660780.HKD","NKLA"],"gpt_icon":1},{"id":"2512489559","title":"FACTBOX-US EV startups under spotlight as Nikola files for bankruptcy","url":"https://stock-news.laohu8.com/highlight/detail?id=2512489559","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512489559?lang=en_us&edition=fundamental","pubTime":"2025-02-19 23:43","pubTimestamp":1739979838,"startTime":"0","endTime":"0","summary":"FACTBOX-US EV startups under spotlight as Nikola files for bankruptcy Updates with latest developments, changes dateline. Nikola said it decided to initiate a sale process of its assets to maximize value and ensure an orderly wind down.in 2023 and put itself up for sale after failing to resolve a dispute over a promised investment from Taiwan's Foxconn 2354.TW.In the complaint, Lordstown accused Foxconn of fraudulent conduct and a series of broken promises in failing to abide by an agreement to invest up to $170 million in the electric-vehicle manufacturer.LUCID GROUP LCID.O Lucid Group said in October it expects to raise $1.67 billion from a stock sale as it looks to ramp up production of its new Gravity SUV.The EV startup faced financial challenges and struggled to raise additional funding from the U.S. Department of Energy's Loan Programs Office amid uncertain demand for its microbus-inspired cargo vans.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250219:nL2N3PA0FX:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2089284900.SGD","NRDE","USAW.SI","LU2756315664.SGD","LU0788109477.HKD","LU0238689110.USD","LU1852331112.SGD","NKLA","LU0107464264.USD","LU0056508442.USD","LU1934455194.USD","LU2552382132.HKD","RIVN","LU0203201768.USD","LCID","BK4604","LU1037948541.HKD","LU1791710400.SGD","LU2065171311.SGD","NKLAQ","LU2087621335.USD","UPS","LU1720051108.HKD","LU2249611893.SGD","TSYW.SI","IE00BKDWB100.SGD","LU2417539215.USD","LU0077335932.USD","LU2360106780.USD","LU2108987350.USD","TSLA","BK4554","LU1261432733.SGD","LU0302445910.USD","LU2250418816.HKD","LU1162221912.USD","LU2361044949.HKD","LU0079474960.USD","LU2089283258.USD","LU1037948897.HKD","IE000YTNTUN2.SGD","LU1551013342.USD","BK4550","LU0080751232.USD","IE00BQXX3F31.USD","BK4532","LU1116320737.USD","IE00BK4W5L77.USD","LU1267930730.SGD","SGXZ51526630.SGD"],"gpt_icon":1},{"id":"2512819489","title":"Nikola, Once a Darling of Green Investment, Files for Bankruptcy -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2512819489","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512819489?lang=en_us&edition=fundamental","pubTime":"2025-02-19 23:41","pubTimestamp":1739979660,"startTime":"0","endTime":"0","summary":"Nikola, the hydrogen-truck maker that briefly sported a market value comparable to  Ford Motor, has filed for bankruptcy with plans to wind down its business.Now a penny stock, Nikola filed for chapter 11 on Wednesday in a Wilmington, Del., court, intending to conduct a court-supervised auction of its assets. The filing further swells the ranks of zero-emissions vehicle developers that have run out of road recently,  following other Tesla wannabes that wound up in bankruptcy.Nikola came to symbolize the excesses of the green-auto investment boom. It went public in 2020 without having sold a single truck before it was targeted in a short-seller report alleging that its founder, Trevor Milton, had overhyped its technology. Milton was convicted of securities fraud in 2022 for making misrepresentations to investors and given a four-year prison sentence, which he is appealing.Nikola warned that its stockholders could now see a total loss on their investment. The company enters chapter 11 ow","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NKLAQ","BK4555","NKLA","BK4562","BK4149","BK4551"],"gpt_icon":0},{"id":"2512815634","title":"Nikola Files for Chapter 11 Bankruptcy, Faces Uncertain Future","url":"https://stock-news.laohu8.com/highlight/detail?id=2512815634","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512815634?lang=en_us&edition=fundamental","pubTime":"2025-02-19 23:06","pubTimestamp":1739977562,"startTime":"0","endTime":"0","summary":"Nikola  has officially hit the wall. The once-hyped hydrogen-truck maker, briefly valued higher than Ford, has filed for Chapter 11 bankruptcy after years of bleeding cash and struggling to gain traction in the market. High interest rates, weak fleet adoption, and an inability to scale its technology ultimately proved too much. The company, which started with battery-electric semi-trucks before pivoting to hydrogen, is now looking to sell off its assets while keeping some operations running until March. Nikola's stock, already battered, took another 49% nosedive premarket at 9.16am, to 39 centsmarking a brutal 99% collapse since its public debut.Nikola's collapse is just the latest in a brutal reality check for EV startups. Even Tesla , the industry's heavyweight, reported its first annual sales drop in 2024, despite throwing out incentives to boost demand. The days of unlimited venture funding and sky-high valuations for speculative tech plays are over. Investors are demanding profits","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nikola-files-chapter-11-bankruptcy-150602721.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0345770308.USD","USJW.SI","IE00BK4W5M84.HKD","LU0820561909.HKD","BK4527","LU1629891620.HKD","QID","SG9999015986.USD","QLD","LU2108987350.USD","LU1145028129.USD","BK4550","NKLAQ","LU0323591593.USD","LU0466842654.USD","LU2471134952.CNY","LU0348723411.USD","LU1778281490.HKD","BK4149","PSQ","BK4534","LU1861215975.USD","BK4598","TQQQ","BK4585","LU0053666078.USD","NQmain","TSYW.SI","BK4555","SQQQ","LU1852331112.SGD","BK4511",".IXIC","MNQmain","LU0820562030.AUD","LU1674673691.USD","LU0234570918.USD","LU1548497426.USD","LU0964807845.USD","LU1551013342.USD","NVIW.SI","LU0316494557.USD","LU2357305700.SGD","LU1674673428.USD","BK4604","TSLA","NKLA","USAW.SI","LU1066051225.USD","LU2290526834.HKD"],"gpt_icon":1},{"id":"2512348689","title":"Another EV maker goes bust. Nikola's stock plunges after bankruptcy filing.","url":"https://stock-news.laohu8.com/highlight/detail?id=2512348689","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512348689?lang=en_us&edition=fundamental","pubTime":"2025-02-19 23:00","pubTimestamp":1739977200,"startTime":"0","endTime":"0","summary":"Nikola to keep up 'limited operations' and will pay its employees while it pursues an auction and sale process. 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 said it has also filed to pursue an auction and sale process, and to ensure its \"limited operations\" can continue, including paying its employees, during the sale process.\"In recent months, we have taken numerous actions to raise capital, reduce our liabilities, clean up our balance sheet and preserve cash to sustain our operations,\" said Chief Executive Steve Girsky. \"Unfortunately, our very best efforts have not been enough to overcome these significant challenges, and the board has determined that Chapter 11 represents the best possible path forward under the circumstances for the company and its stakeholders.\". Nikola's bankruptcy wasn't exactly a surprise. The company has been wa","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1839511570.USD","LU1551013342.USD","LU2750360641.GBP","LU0820561818.USD","LU0077335932.USD","LU0348723411.USD","LU2360106780.USD","LU1861559042.SGD","LU0082616367.USD","LU2326559502.SGD","LU0345769631.USD","BK4562","LU0234572021.USD","LU0823414478.USD","LU1629891620.HKD","LU1548497426.USD","BK4550","LU1861220033.SGD","LU2213496289.HKD","LU2471134952.CNY","NKLA","NKLAQ","TSLA","MULN","RIVN","LU2471134523.USD","LU1066053197.SGD","BK4598","IE00BK4W5L77.USD","TSYW.SI","LU2023250330.USD","LU0466842654.USD","LU2087621335.USD","LU2471134796.USD","BK4592","LU0820562030.AUD","LU0964807845.USD","LU1720051017.SGD","BK4516","BK4604","BK4547","LU1674673428.USD","LU1861558580.USD","LU2249611893.SGD","LU0056508442.USD","IE00BSNM7G36.USD","DRIV","LU1674673691.USD","IE00BJLML261.HKD","BK4511","IE00BWXC8680.SGD"],"gpt_icon":1},{"id":"2512348395","title":"Nikola Stock Plunges 44% on Chapter 11 Bankruptcy Filing -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2512348395","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512348395?lang=en_us&edition=fundamental","pubTime":"2025-02-19 22:42","pubTimestamp":1739976120,"startTime":"0","endTime":"0","summary":"Shares of Nikola, a battery and hydrogen fuel cell-powered truck maker, plunged after the company announced Wednesday that it and its subsidiaries have filed for Chapter 11 bankruptcy protection.\"Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate,\" said CEO Steve Girsky. \"In recent months, we have taken numerous actions to raise capital, reduce our liabilities, clean up our balance sheet, and preserve cash to sustain our operations. Unfortunately, our very best efforts have not been enough to overcome these significant challenges.\". The stock was down by 44% at 43 cents a share, while the S&P 500 and Dow Jones Industrial Average were down about 0.2% and 0.4%, respectively.The announcement comes days after reports the company was considering a bankruptcy filing, leading to some volatility in the stock price. Nikola shares closed at 44 cents on Feb. 7 and recovered to 77 cents on Tuesday.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4149","BK4562","BK4551","F","NKLAQ","BK4555","NKLA"],"gpt_icon":0},{"id":"2512488419","title":"Nikola Shares Down 38% After Co Files for Bankruptcy Protection","url":"https://stock-news.laohu8.com/highlight/detail?id=2512488419","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512488419?lang=en_us&edition=fundamental","pubTime":"2025-02-19 22:40","pubTimestamp":1739976014,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250219:nL6N3PA0LI:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4551","NKLA","BK4149","NKLAQ","BK4555","BK4562"],"gpt_icon":0},{"id":"1119426398","title":"EV Stock Mixed: Tesla up 1%; NIO up 2%; XPeng up 4%; Li Auto up 5%; Nikola Down 42%","url":"https://stock-news.laohu8.com/highlight/detail?id=1119426398","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1119426398?lang=en_us&edition=fundamental","pubTime":"2025-02-19 22:39","pubTimestamp":1739975970,"startTime":"0","endTime":"0","summary":"EV stocks mixed in morning trading. Tesla rose 1%; NIO rose 2%; XPeng rose 4%; Li Auto rose 5%; Faraday Future rose 9%; while Rivian fell 1%; WeRide fell 11%; Nikola fell 42%.","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NKLAQ","RIVN","WRD","NIO","FFIE","XPEV","NKLA","LI","TSLA"],"gpt_icon":0},{"id":"2512548800","title":"Nikola Files for Chapter 11, Plans Quick Asset Sale Amid EV Struggles","url":"https://stock-news.laohu8.com/highlight/detail?id=2512548800","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512548800?lang=en_us&edition=fundamental","pubTime":"2025-02-19 22:38","pubTimestamp":1739975910,"startTime":"0","endTime":"0","summary":"Nikola Corporation  has filed for Chapter 11 bankruptcy, ending a rocky journey for the electric truck maker. The company voluntarily submitted its petition in the U.S. Bankruptcy Court for the District of Delaware and is now seeking court approval to auction off its assets under Section 363 of the U.S. Bankruptcy Code.Our best efforts weren't enough, he admitted, calling Chapter 11 the best option. Nikola's story began in 2014, founded by Trevor Milton with a vision for zero-emission trucks. Investors were excited when it unveiled the Nikola One hydrogen-electric semi in 2016. The company went public in 2020 via SPAC merger with VectoIQ Acquisition Corp., but things took a turn when fraud allegations surfaced. Milton resigned as Executive Chairman, and Nikola never quite recovered. Now, after years of financial struggles, it's looking to sell off assets and move forward under new ownership.This article first appeared 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