Electrek’s Fred Lambert said in a post on X, the platform formerly known as Twitter: “A source (a new source can’t confirm but has some credibility) says Nikola (NKLA) CEO Stephen Girsky is out, and the bankruptcy filing is already in the hands of lawyers. More employees are being let go. I reached out to Girsky, but he didn’t respond. The company has been radio silent for weeks now. It is behind on filing its production/delivery numbers. A drove flyover of the factory last week showed still over a hundred trucks sitting in the dust without batteries. It looks like it is over. This is not financial advise (sp), but I wouldn’t be shocked if the next week or so prove to be the last chance to get out of $NKLA.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NKLA:
