Comedy Of Errors Led To Fisker’s Bankruptcy
Good morning! It’s Thursday, June 20, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
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Timberwolves are giving off that Utah Jazz sham No. 1 seed vibe
Next to the OKC Thunder, the Minnesota Timberwolves have been one of the biggest surprises of the NBA campaign. They’ve been in control of or hovering near first place in …
Tesla Gigafactory Hourly Workers Get Raises, Still Underpaid
Good morning! It’s Tuesday, December 19, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
Nikola Founder Faces 11 Years In Prison: Defrauding Investors
Photo: Nikola (Getty Images) Federal prosecutors stated that Nikola founder Trevor Milton will likely receive an 11-year prison sentence for defrauding investors, Reuters reports. Milton was convicted last year on …
Nikola EV Truck Recall Costs $61.8 Million To Fix Batteries
Image: Nikola Poor ol’ Nikola can’t catch a break; earlier this year, it had to issue a recall for every single electric truck that it has built because it identified …
Tesla Is The Most Shorted Automotive Stock
Tesla’s stock has been a wild ride of ups and downs over the last twelve months, seeing a high value of just over $300 per share last September to a …
Nikola’s New CEO Announces Hydrogen Truck Deliveries, Stock Rebounds
Image: Nikola The Nikola TRE fuel cell electric vehicle, according to Nikola CEO Steve Girsky, is on track for delivery to dealers by the end of this month or early …
Nikola recalls 209 battery-EV trucks over fire concerns
San Francisco – Trucking company Nikola Motors has announced a voluntary recall of approximately 209 battery-electric vehicles (BEVs), after a coolant leak inside a single battery pack was found to …
Nikola Stocks Plummet by 26% as Electric Truck Manufacturer Appoints 4th CEO within 4 Years
Nikola lost more than a quarter of its market value on Friday after the U.S. electric truck maker named its fourth CEO in as many years and reiterated for the …