Reverse stock splits offer an immediate – if artificial – benefit to companies struggling with low stock prices. But they rarely work out long term.
Nikola lays of 135 workers as it seeks to preserve its financial runway.
Sitetracker helps companies like ChargePoint automate tasks surrounding getting electric charging points up and running faster.
Nikola releases stats on hydrogen fueling that show savings over diesel and a growing business for fuel cell trucks.
EV Realty flips the electric truck charging script: It buys future charging sites with power already there.
Nikola CEO Steve Girsky knows the challenges the electric truck maker faces but points to 2024 as the company’s best year.
Israeli tech startups count on losing some employees to military reserve duty. Many more are called during wartime.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Nikola has a minimum of 180 days to get its share price above $1 or it could be delisted from the Nasdaq.
Lordstown Motors dodged delisting from the Nasdaq by a reverse stock split, but its future remains murky.
