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Nikola explores its options, nears bankruptcy filing, WSJ reports

Nikola (NKLA) is working with law firm Pillsbury Winthrop Shaw Pittman to explore its options, which could include a sale or restructuring the company in bankruptcy, Soma Biswas and Alexander Gladstone of The Wall Street Journal reports citing people familiar with the matter. A company representative said Nikola continues to assess its financial position and is evaluating a number of options.

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