The troubled electric truck maker Nikola has filed for Chapter 11 bankruptcy protection, the company said Wednesday. Nikola's CEO, Steve Girsky, said in a statement that "various market and ...

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would ...

Milton, who compared his prosecution by the Justice Department to its criminal cases against President Trump, said he had been “railroaded” in the fraud case.

Nikola founder Trevor Milton, who was convicted of fraud for lying in an effort to pump up the value of the zero-emission truck company, said in a news release that he has been pardoned by President ...

This report highlights some of the top companies we’ve lost to bankruptcy like Canoo, Fisker, Nikola, 23andMe, and Forever21.

Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations. The filing marks the finale of the company's yearslong fall from grace.