EV truck maker Nikola has finally called it quits

Engadget
By Lawrence BonkFeb 19, 2025, 12:25 pm141 pts
The embattled EV truck maker Nikola is going kaput. The company just announced a filing for Chapter 11 bankruptcy protection and a plan to sell off assets. These assets will be sold at an auction, pending court approval. Nikola noted it has $47 million in cash on hand to fund the bankruptcy proceedings and…

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