Nikola's Bankruptcy Sale Is Clouded by Trump's Anti-EV Maneuvers [Yahoo! Finance]
Nikola Corporation (NKLA)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Trump to Halt NY Congestion Pricing by Terminating Approval Sorry, Kids: Disney's New York Headquarters Is for Grown-Ups Airbnb Billionaire Offers Pre-Fab Homes for LA Fire Victims Child Migrant Watchdog Gutted in DOGE Cuts Chicago Council Delays $830 Million Bond Vote Amid Scrutiny Judge Thomas M. Horan raised questions about the outlook for the electric-vehicle industry during the company's first day in bankruptcy court on Thursday. In particular, he questioned whether the industry would largely be built out through private investment instead of relying on assistance from the government. “That's the question that all the potential acquirers of this business are trying to answer,” said Joshua D. Morse, a company attorney. It's challenging to “time” the new US administration's policies, he added. During conversations with prospective buyers, a major sticking point was the uncertainty surrounding auto imports, Morse said. Given President Donald
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