Nikola Motors Likely Bankrupt by End of 2023
by Brian Wang from NextBigFuture.com on (#699WY)
Nikola Motors filed a 10k which reports a ASC 205-40 analysis reveals substantial doubt that we will have sufficient funds to satisfy our obligations through the next twelve months. Nikola will continue to incur operating and net losses each quarter until at least the time they begin to generate significant margin from our trucks, which ...