Reports: Phoenix heavy-truck manufacturer Nikola faces tough choices amid cash crunch
Nikola Corp. could be seeking a buyer, or facing worse issues, according to reports swirling around the Phoenix maker of zero-emission heavy trucks.
Electric truck maker Nikola eyeing sale: report
Cash-strapped electric and hydrogen truck manufacturer Nikola is exploring a potential sale of parts or all of the company, Bloomberg reported yesterday. Why it matters: Nikola remains one of the only U.S. electric truck makers that's managed to deliver semis to customers.
Electric Truck Maker Nikola Explores Sale as Cash Dwindles
Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling part or all of the company, according to people familiar with the matter.
Nikola weighs sale, partnerships to stave off cash crunch, Bloomberg reports
Nikola (NKLA) is looking into options to stave off a cash crunch, including a possible sale of parts or all of the company, Bloomberg’s David
Shares of cash-strapped Nikola nosedive on report of potential sale
Nikola warned investors on its third-quarter conference call that the company only had enough cash to support its business into the first quarter of 2025.
Nikola stock plummets amid potential sale to ease cash woes
Corporation, known for its electric and hydrogen-powered semi trucks, is reportedly considering various strategic alternatives to address its current financial difficulties. Among the options being explored are the sale of parts of the business or potentially the entire company.
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Nikola explores options for business amid bankruptcy speculation
Nikola Corp. is exploring options to keep its business afloat amid bankruptcy speculation.
Nikola Is In Trouble As EV Maker’s Stocks Tumble 95%
Nikola’s stock has plummeted 95% in the last 12 months, sparking urgent survival talks. The company faces a cash crunch, with ...
electrive2d
Nikola could sell or partially sell the company
Nikola laid off employees on a large scale because the company was running out of money. Now, the US electric truck ...
Nikola Eyes Sale, New Partners As It Risks Running Out Of Cash By End Of First Quarter
EV truck maker Nikola is reportedly exploring options including selling parts or all of the company to prevent a cash crunch.
Inc3d
EV Truck Maker Nikola Weighs a Sale as Cash Crunch Hits Hard
A Nikola Tre battery-electric heavy duty truck at the Nikola Corp.-Iveco SpA joint venture electric truck plant in Ulm, Germany. Photo: Getty Images EV maker Nikola is exploring options ...
EV maker Nikola exploring options including potential sale, Bloomberg News reports
EV maker Nikola is exploring options including selling parts of its business or the entire company as it struggles with a ...
Nikola stock hits 52-week low at $1.05 amid market challenges
Nikola Corporation (NASDAQ:NKLA), a company that has been at the forefront of developing electric and hydrogen-powered trucks ...
Leadership3d
Nikola Stock Falls Amid Earnings Miss and CEO Resigning Rumors
Nikola's stock drops after disappointing earnings and CEO departure rumors. Company faces major challenges despite high ...