Embattled Nikola exploring its options

By Amy Edelen | Phoenix Business Journal

Nikola Corp. is exploring options to keep its business afloat amid bankruptcy speculation.

The Phoenix-based electric truck maker is considering business partnerships, raising additional capital or potentially selling all or parts of its business, Bloomberg reported Thursday, citing people familiar with the matter. No decisions have been made and management could decide not to take action, according to Bloomberg.

Read the full subscription story from the Phoenix Business Journal.

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.