Nikola Goes Bankrupt! The End Of Another EV Startup
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=316uiFI61rYNikola Badger, ATV and Jetski Owner: https://www.youtube.com/watch?v=Fl8L3kWCpFQShoutout to our sponsors for more information find their links below:- Fort Collins Kia: Visit focokia.com for full details. Disclaimer: *Delivery covers up to $1,000.Find us on all of these places:YouTube: https://www.youtube.com/outofspecpodcastApple Podcasts: https://podcasts.apple.com/us/podcast/out-of-spec-podcast/id1576636119Spotify: https://open.spotify.com/show/0tKIQfKL9oaHc1DLOTWvbdAmazon: https://music.amazon.com/podcasts/473692b9-05b9-41f9-9b38-9f86fbdabee7/OUT-OF-SPEC-PODCASTFor further inquiries please email podcast@outofspecstudios.com Hosted on Acast. See acast.com/privacy for more information.