RE: Any20 Feb 2025 08:33
The Telegraph:
"An electric truck-maker that sought to rival Elon Musk’s Tesla has filed for bankruptcy in the US after its founder was sent to prison for fraud.
Nikola, which developed hydrogen fuel and battery-powered trucks, was once valued at more than $30bn (£24bn), but its share price collapsed just months after it went public in 2020 amid claims it was misleading investors."