Electric truck maker Nikola shares plummeted Monday after it recalled nearly all of its battery electric semi trucks. The company recalled 209 of its Class 8 Tre battery electric vehicles […]
Nikola
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Back to news homeNikola finally gets enough shareholder support to issue more shares
After three attempts and a change in Delaware law, EV truck maker Nikola was able to get enough shareholders to vote on a proposal that will allow it to issue […]
EV truck maker Nikola fails again to secure enough shareholder support to issue more shares
Nikola failed for the second time since June to get enough shareholders to vote on a proposal that would allow the EV truck maker to issue more shares in a […]
Electric truck maker Nikola to cut 23% of workforce
Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company […]
Nikola’s bid to increase shares stalls after failing to get enough shareholders to vote
Nikola failed to get enough investors to vote on a proposal that would allow the beleaguered electric truck company to issue more shares — and, in turn, raise more capital. […]
Electric truck maker Nikola at risk of being delisted from Nasdaq
Nikola, the beleaguered electric truck developer, is at risk of being delisted from Nasdaq, the company disclosed Thursday in a regulatory filing. Nikola said that on May 24 it received […]
Daily Crunch: New Starbucks Odyssey loyalty program ‘happens to be built on blockchain and web3’
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Nikola, Lucid latest EV SPACs trying to raise cash
Two EV manufacturers are seeking cash infusions this week to bring their delayed vehicles to market. Nikola, a Phoenix-based electric truck maker, said in a securities filing Tuesday that it […]
EV SPACs are facing a new regulatory speed bump
It’s been a bumpy road for the electric vehicle startups that rushed to go public over the past two years by merging with a publicly traded shell company. Now, the […]
Daily Crunch: Overnight, Russia’s invasion puts Ukrainian tech industry on a war footing
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