Foul play games suspected in fireplace at Nikola headquarters

BE desk

The Phoenix and Tempe fireplace sections spoke back to the incident, the corporate stated.

The fireplace is the unedited in a order of setbacks for the beleaguered business truckmaker as soon as dubbed the “The Tesla of Trucking.”

Extreme age, Nikola, introduced 270 layoffs, with 150 at its Eu manufacturing unit and 120 at its Phoenix and Coolidge, Ariz., amenities. The layoffs got here as the corporate seeks to release spending amid a pivot to hydrogen gasoline mobile automobiles and buildout of a countrywide infrastructure.

Nikola is attempting to factor brandnew stocks to boost supplementary capital.

In fresh months, the corporate has handled a supply shortfall, govt giveover and a slide in percentage costs that resulted in the NASDAQ threat Nikola may well be delisted.

This can be a growing tale that will probably be up to date as data turns into to be had.

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