The armed manufacturer of VERS of EV Nicola goes to Kaput. The company has just announced the presentation And a plan for selling assets. These assets will be sold at the auction in anticipation of the approval of the court. Nicola noted that he has $ 47 million in cash to finance the bankruptcy process and begin the sale process. The company announced assets from 500 to 1 billion dollars, but obligations totaling from 1 to 10 billion US dollars, Field
“Like other companies in the electric vehicle industry, we are faced with various market and macroeconomic factors that have influenced our ability to work,” said Steve Girsky, president and chief executive director of Nikola.
These market and macroeconomic factors are real, as the growth rate of EV implementation Nevertheless, Nichola is a special case. In recent years, the company has been involved in numerous scandals, so this news ends with a particularly terrible fall from Grace for the once -stingy manufacturer EV.
Nicola was founded in 2015 with a mission to create heavy trucks with zero emissions. The company provided a profitable partnership with GM in 2020, but soon after that everything fell apart. It was Thanks to the report of the short -selling company Hindenburg Research. In this report there was even a video showing how the Nikola truck rolls down the hill to simulate driving.
Our study of the site and text messages from a former employee shows that the video was a difficult trick – $ Nkla If the truck was towed to the top of the hill on a remote section of the road and simply took it off, rolling along the slope. pic.twitter.com/n2NLDGINZR
– Hindenburg research (@hindenburgres) September 10, 2020
This “complex trick” forced the SEC to start an investigation that led to the founder of Trevor Milton The field later he was arrested and Milton was a field And The company is a company The field itself, of course Field
The company became public in 2020 and The field, however, in the messages indicated that Nichola was He sold on each truck. In general, the company made only about 600 cars, From -for various defects.
This unsurpassed performance led to the chief of the action, stumbling from the maximum of more than $ 1,000 per action, at the time of writing this article – $ 0.47 per share. I think only one company named after allowed sequentially Without making a dent in his assessment.