DAYTONA BEACH — Construction plans have been submitted to the city for a Tesla dealership on the corner of Williamson Boulevard and Mason Avenue, but it won't be an auto dealership in the traditional ...

The second Tesla,' hydrogen truck manufacturer 'Nikola' has filed for bankruptcy protection (Chapter 11) in a U.S. court. According to Bloomberg on the 19th (local time), Nikola announced plans to ...

struggled to turn its plans for electric and hydrogen trucks into a viable business. By Neal E. Boudette Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy ...

Nikola said it plans to wind down operations ... court, joining other Tesla wannabees that have run out of road before their zero-emissions visions were realized. The Wall Street Journal reported ...

Although investors with an eye on Tesla’s success initially ... 1,000 and 5,000 creditors. Nikola is among several electric vehicle startups with ambitious plans that failed to come to fruition.

The company plans to hold an auction of its assets ... CNN Business. “Watch Out, Tesla. Nikola Is the Hot New Electric Truck Stock.” U.S. Attorney's Office, Southern District of New York.

US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy ... Even industry leader Tesla, despite its early-mover advantage, once faced severe production hurdles and funding ...

This follows the cancellation of similar plans last year ... The company's name honours inventor Nikola Tesla, and its mission is to accelerate the world's transition to sustainable energy.

Nikola Tesla, an inventor and electrical engineer ... JC Penney distribution facility close to Lathrop, California, with plans to construct a Megafactory to produce Megapacks.