{"id":160741,"date":"2024-12-16T12:20:03","date_gmt":"2024-12-16T11:20:03","guid":{"rendered":"https:\/\/newmobility.news\/?p=160741"},"modified":"2024-12-16T11:52:22","modified_gmt":"2024-12-16T10:52:22","slug":"running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2024\/12\/16\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\/","title":{"rendered":"Running out of cash Nikola balances on the verge of bankrupcy"},"content":{"rendered":"<p>Embattled hydrogen truck maker Nikola is grappling with severe financial strain as it scrambles to secure funds and stave off bankruptcy. The company has confirmed another round of layoffs this month while warning in filings with the US Securities and Exchange Commission (SEC) that it does not have enough cash to sustain operations through the first quarter of 2025.<\/p><p>In the SEC filing, Nikola stated, \u201cWe currently estimate that our existing financial resources are only adequate to fund our forecasted operating costs and meet our obligations into, but not through, the first quarter of 2025.\u201d<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Embattled hydrogen truck maker Nikola is grappling with severe financial strain as it scrambles to secure funds and stave off bankruptcy. The company has confirmed another round of layoffs this month while warning in filings with the US Securities and Exchange Commission (SEC) that it does not have enough cash to sustain operations through the [&hellip;]<\/p>\n","protected":false},"author":715,"featured_media":160743,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[16,77169,4,61,77165],"tags":[],"class_list":["post-160741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-market","category-top-stories-today","category-transport","category-usa"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=2560%2C1229&ssl=1",2560,1229,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=300%2C144&ssl=1",300,144,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=640%2C307&ssl=1",640,307,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=640%2C308&ssl=1",640,308,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=1536%2C738&ssl=1",1536,738,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=2048%2C983&ssl=1",2048,983,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=18%2C9&ssl=1",18,9,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=560%2C269&ssl=1",560,269,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=2048%2C180&ssl=1",2048,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?resize=2560%2C180&ssl=1",2560,180,true]},"post_excerpt_stackable_v2":"<p>Embattled hydrogen truck maker Nikola is grappling with severe financial strain as it scrambles to secure funds and stave off bankruptcy. The company has confirmed another round of layoffs this month while warning in filings with the US Securities and Exchange Commission (SEC) that it does not have enough cash to sustain operations through the first quarter of 2025.In the SEC filing, Nikola stated, \u201cWe currently estimate that our existing financial resources are only adequate to fund our forecasted operating costs and meet our obligations into, but not through, the first quarter of 2025.\u201dThis content has been archived. Log in&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/market\/\" rel=\"category tag\">Market<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/transport\/\" rel=\"category tag\">Transport<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/usa\/\" rel=\"category tag\">USA<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Running out of cash Nikola balances on the verge of bankrupcy - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/12\/16\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Running out of cash Nikola balances on the verge of bankrupcy - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Embattled hydrogen truck maker Nikola is grappling with severe financial strain as it scrambles to secure funds and stave off bankruptcy. The company has confirmed another round of layoffs this month while warning in filings with the US Securities and Exchange Commission (SEC) that it does not have enough cash to sustain operations through the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2024\/12\/16\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-16T11:20:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/12\/ampnet_photo_20230123_219121-scaled.jpg?fit=2560%2C1229&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1229\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piet Andries\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piet Andries\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/12\\\/16\\\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/12\\\/16\\\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\\\/\"},\"author\":{\"name\":\"Piet Andries\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/a5b306e499388c9ea0a3a4f6704d7081\"},\"headline\":\"Running out of cash Nikola balances on the verge of bankrupcy\",\"datePublished\":\"2024-12-16T11:20:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/12\\\/16\\\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\\\/\"},\"wordCount\":486,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/12\\\/16\\\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/ampnet_photo_20230123_219121-scaled.jpg?fit=2560%2C1229&ssl=1\",\"articleSection\":[\"Industry\",\"Market\",\"Top Stories Today\",\"Transport\",\"USA\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2024\\\/12\\\/16\\\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/12\\\/16\\\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/12\\\/16\\\/running-out-of-cash-nikola-balances-on-the-verge-of-bankrupcy\\\/\",\"name\":\"Running out of cash Nikola balances on the verge of bankrupcy - 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