Hydrogen truckmaker Nikola rolling downhill toward bankruptcy?

It looks like it is further going downhill with American hydrogen truckmaker Nicola, following a The Wall Street Journal and Bloomberg report that the company is considering Chapter 11 to propose a plan of reorganization to keep its business alive and pay creditors over time. Last week, Nicola (NASDAQ: NKLA) shares tumbled as much as 45% to 41 cents before markets opened in New York on Friday. Continue reading at newmobility.news.

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