For now, the company’s former CEO will remain free on bail as he appeals his initial conviction on charges of fraud
Nikola suffered another blow after two more of its trucks caught fire last week, sending its stock spiraling even farther down
The company suggests that the two reported thermal events may have been caused by a coolant leak inside the battery
The move would it back into compliance with the trade organization and eliminate risk of delisting
Nikola reported $169 million in net losses in Q1 2023 and announced that the all-electric Tre truck will be made-to-order from now on
The problem lies with the Bendix Intellipark Tractor Park Valve Module in Nikola’s electric trucks
Fortunately, Nikola was spared from an issue that affected ZF North American brake pedals
Nikola has already launched the Tre BEV and is gearing up to launch the Tre FCEV
An issue with the seatbelt has prompted a recall of the all-electric Nikola Tre
Nikola hasn’t delivered a single truck but has a valuation of $30 billion
The Nikola Tre all-electric truck will launch in 2021 as a re-engineered Iveco S-Way
The Arizona-based truck maker is putting even more pressure on Tesla’s Semi with its two new trucks
The all-new Tre will offer up to 1,000 hp and a range of up to 745 miles
