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EV truck maker Nikola goes bust

Struggling electric truck company Nikola said it was filing for Chapter 11 bankruptcy protection on Wednesday and would sell off its assets, effectively ending a challenging journey punctuated by rapid cash burn, allegations of fraud, and the incarceration of its first CEO and founder. Nikola said it would seek an auction and sale process, pending…

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‘TeslaTakeover’ protests are small, but numerous

Today marked a second weekend of scattered protests at Tesla showrooms, following a “TeslaTakeover” hashtag that has been trending on Twitter alternative Bluesky this week. Protestors’ messages largely focused on the divisive efforts of Tesla CEO Elon Musk as the head of the Department of Government Efficiency since the start of Donald Trump’s Presidency. The…

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