Hydrogen truck maker Nikola is considering a sale or a restructuring as it prepares to file for bankruptcy, the Wall Street Journal has reported, citing unnamed sources close to developments. The company enjoyed a lot of attention when it went public in 2020 despite not having sold any products at the time. Even so, its market cap at one point hit $30 billion, making the company temporarily more valuable than Ford. Later, however, a short seller revealed its chief executive had overhyped Nikola’s business plan to investors, for which he was…
Hence then, the article about hydrogen hopeful nikola nears bankruptcy was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Hydrogen Hopeful Nikola Nears Bankruptcy )