Embattled EV maker Nikola files for Chapter 11 bankruptcy protection
In this articleNKLAU.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019.Massimo Pinca | ReutersDETROIT — Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail investors — filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations.The filing marks the finale of the Phoenix-based com ...