Struggling hydrogen truck maker Nikola seeks to raise $100m through shares sell-off — more than company is worth on paper

Cash-strapped firm is in danger of running out of money in early 2025, as plummeting share price puts it back in danger of delisting

An AiLO-branded Nikola Tre FCEV at the Advanced Clean Transportation (ACT) Expo in Las Vegas
An AiLO-branded Nikola Tre FCEV at the Advanced Clean Transportation (ACT) Expo in Las VegasPhoto: Nikola
Published 10 December 2024, 12:28Updated 10 December 2024, 13:06
NikolaTrucksRoad transportfuel-cell vehiclesFinance