Nikola has officially filed for Chapter 11 bankruptcy after struggling to secure funding and facing years of setbacks. The company has seen its rapid rise and fall following fraud allegations, leadership scandals, and production challenges. Despite bringing electric and hydrogen trucks to market, Nikola only produced 600 vehicles since 2022 and couldn't sustain operations. Now, the company is selling off its assets and winding down operations. Let’s break it all down.

Canoo Bankruptcy: https://www.youtube.com/watch?v=316uiFI61rY

Nikola Badger, ATV and Jetski Owner: https://www.youtube.com/watch?v=Fl8L3kWCpFQ

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Nikola Goes Bankrupt! The End Of Another EV Startup