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Electric and hydrogen-powered heavy truck maker Nikola was awarded $165 million from its founder and former executive chairman, Trevor Milton, in an arbitration proceeding. Nikola said in a filing with …
Trevor Milton to reimburse Nikola $165M per arbitration proceeding Read More
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 …
Nikola finally gets enough shareholder support to issue more shares Read More
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 …
EV truck maker Nikola fails again to secure enough shareholder support to issue more shares Read More
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 …
Electric truck maker Nikola to cut 23% of workforce Read More
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. …
Nikola’s bid to increase shares stalls after failing to get enough shareholders to vote Read More
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 …
Electric truck maker Nikola at risk of being delisted from Nasdaq Read More
EV truck company Nikola merged with VectoIQ in a SPAC in June 2020 with a $29 billion valuation. Trevor Milton, ex-CEO of Nikola, starts his fraud trial, which serves as …
New Starbucks Odyssey loyalty program ‘happens to be built on blockchain and web3’ Read More