Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...

Key Takeaways Rivian Automotive predicted 2025 deliveries below analysts' estimates.Like electric truckmaker Nikola, which ...

Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...

Nikola to keep up ‘limited operations’ and will pay its employees while it pursues an auction and sale process.

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...

Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.

Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...

Nikola – a once popular auto startup of investors – filed for bankruptcy protection after failing to secure a buyer or raise ...

Nikola was the latest high-profile EV company to go belly after failing to meet high expectations. Other EV startups that ...

Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.