Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile ...

Nikola Corp. plans to lay off 855 workers between its Phoenix headquarters and Coolidge manufacturing facility as the ...

The EV startup planned to build electric and hydrogen trucks but struggled to deliver enough vehicles to turn any profit, resulting in the Chapter 11 filing.

Nikola starts Chapter 11 bankruptcy and asset sale proceedings with about $47 million in cash to maintain operations, ...

Once valued higher than Ford, Nikola has now collapsed in bankruptcy, leaving 1,000 employees jobless.

Rivian Automotive is expanding its commercial electric van sales to all U.S. businesses, a shift in the company’s strategy ...

Rivian Automotive shares fell Friday, a day after the company predicted 2025 deliveries below analysts' estimates.

Bubbles are mechanisms of wealth redistribution and destruction - with detrimental consequences for social and geopolitical ...