Nikola seeking sale or partnership as bankruptcy looms
On January 23, reports appeared regarding Nikola Corp. seeking partnerships or sale of parts of its business as cash is running out and bankruptcy appears likely.
The report comes three months after Nikola warned investors on its Q3 2024 conference call that, with a burn rate of USD 30-40 million per month, its USD 1....
The report comes three months after Nikola warned investors on its Q3 2024 conference call that, with a burn rate of USD 30-40 million per month, its USD 1....
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