Nikola went from $30bn EV hope to bankrupt penny stock in just five years – what went wrong?

Hydrogen as well as battery-pack fuelled trucks were the big plan for Nikola but they got only 400 onto the road last year. Karl Matchett details the wrong turns taken

Feb 20, 2025 - 17:43
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Nikola went from $30bn EV hope to bankrupt penny stock in just five years – what went wrong?

Hydrogen as well as battery-pack fuelled trucks were the big plan for Nikola but they got only 400 onto the road last year. Karl Matchett details the wrong turns taken