Struggling e-truck maker Nikola files for Chapter 11 bankruptcy protection-March 2024-www.financetom.com

Struggling e-truck maker Nikola files for Chapter 11 bankruptcy protection

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Struggling e-truck maker Nikola files for Chapter 11 bankruptcy protection

Feb 19, 2025 5:12 AM

Feb 19 (Reuters) - Nikola ( NKLA ) filed for Chapter 11

bankruptcy protection, according to a court filing, as the

electric truck maker battled rapid cash burn and struggled to

raise additional funds amid uncertain demand for its hydrogen

and battery-powered big rigs.

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