Nikola, electric truck manufacturer, failure files
Nikola, a start-up of electric vehicles that once he had hoped to become the Tesla of the heavy trucks, presented bankruptcy protection on Wednesday.Founded in 2015, Nikola promised to develop long -range seed seeds powered by hydrogen and electricity and listed on the stock exchange in 2020 before it had sold a single vehicle. Its actions price has increased briefly as individual investors and some Wall Street companies ask to bet on the companies that thought they could replicate the success of Tesla and its expected actions price.The short -lived enthusiasm of investors for Nikola made its founder, Trevor Milton, and other first rich investors. But in a short time significant doubts have emerged about the statements of Mr. Milton on the technology and orders of the company by customers....