Hydrogen truck maker Nikola Motors still battling to survive after its accumulated losses grow to $2.4bn

Shares in US manufacturer nosedive as CEO steps down and shareholders agree to dilute stock

A promotional image of Nikola's hydrogen-powered Tre FCEV truck.
A promotional image of Nikola's hydrogen-powered Tre FCEV truck.Photo: Nikola
Published 7 August 2023, 09:59Updated 7 August 2023, 10:12