Nikola, Electric Vehicle-up-up hoping that it would be a heavy trucks, equipped for a volunteer protection on Wednesday.
Developed in 2015, Nikola promised to develop long haulm trucks and electricity and electricity, and are not in its itself in stockschecks of 2020 before a single car was sold. Its part of the sharing price is a brief expense as perminaries alone and the firms on the wall that broke the companies that they thought would replicate Tesla’s success and a larger price.
The temporary zeal of Nikola investors made its founder, Trevor Milton, and other first investors. But before long, important doubts arose because of Mr Milton’s claims with technology and orders from customers. He immediately left office, and later found guilty on charges of fraud.
In recent places, Nikola had begun to bring small amounts of electricity and fewer money to make money. By the end of the year, the company had had $ 200 million in CASH and $ 270 million in a long debt. Its stock came into the beginning of this month at reports that the company was near the filling of the bankruptcy.
The company said on Wednesday that he had about $ 47 million in cash, and aims to continue the “restricted” and truck support on the road. Credit collapses listed for $ 1 billion to $ 10 billion, and place the total amount of credit for 1,000 to 5,000. Its greater carrier and exchange commission, owing $ 80 million to find the company accessed to the agency in 2021.
The company said it was intended to use the process of a collection of selling many or all its goods and air down its businesses.
Nukola is one of several electric car companies that also struggle to convert their ideas into cars and trucks.
Lordstown Motors, who tried to make Pickups in the Generaled General Motors in Ohio, demanding a collapse of 2023, and in 2024 was charged with misleading investors and exchange commission.
Gaming based on Britain called arrange to make electric and bus vans. But smaller to make his car and the ideas of construction work and sell his goods to another prefix, cano. The company included the protection of last month.
The start of a few cars still works although the price of these delegates are not disclosed and is not clear how to be any profit.
Rivian, which makes electric pickups and sports cars, have been troubled to increase the original levels, and their stocks are now assigned to $ 13 to share when it was at 2021. But the company was protected by the important life person last year when established partnership with Germany Automaker Volkswagen, which took a large stake in Rivian.
Lucid Motors makes electrical electrical electric cars and SUVs but well falling well with its original sales and production production. Also, hoping to make a deals where they sell their technology to other vehicles.
“Like other companies in the electricity industry, we have experienced various market and Croeconominionomic market features that affected our work force,” said Steve Girsky, the Tribunal Nkula, on Wednesday. “Unfortunately, our best efforts are not enough to overcome these important challenges.”
Before inventing Nikola, Mr Mil Milton began the security business and the other attempted to make diesel engines work in natural gas. He composed his firms behind the Origan Nikola Tesla, who was given his last name used by the founders of the electricity of electric car.
Nikola planned to make trucks run hydrogen and create a hydrogen celebrations network. Mr Milton told investors that Nokola has worked prototypes out of the emusions – houls emulsions, and he had billions of dollars.
In 2020, Nikola joined the stock market for joining a special company of purpose, which is listed but else. The plan, which was also used in the beginning of the electric vehicles, avoiding major processing associated with the first public donation.
A few months after Nikola shared trading, a small investment company, a research company, issued a report that Milton said Mr. Milton said the development of company technology. The report also stated that the company has produced a video in 2017 when the truck boarded a blanket to make it look like a valid prototype.
First, Nikola called the false and defiling report, but later the weeks of Mr. Mr. Milton is not removed. In 2023, he was sentenced to four years in prison after being found guilty of safety and a fence deception. Mr Milton, who provided his conviction, could not be reached.
By 2023, two thousand men had come, and Mr Bristky, chairperson of which power General Motors were involved in taking Nkolola community, taking the best work. Nikola eventually started producing trucks that were empowered by hydrogen fuel cells and were sold 200 in the first nine months ago.
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