Nikola's Last Stand: Down to One Employee as Hydrogen Dream Fades
Nikola's dramatic downfall sees its workforce shrink to one employee as the company liquidates assets after widespread fraud and bankruptcy.
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#Nikola
2 stories
Hydrogen Firm Lhyfe's 'Doubled Revenue' Is Just Lipstick on a Pig, New Analysis Shows
Despite Lhyfe's claims of doubled revenue and strategic refocus, a closer look reveals massive net losses and a continued reliance on government subsidies in a hydrogen market littered with failures.
· 3 min read
#Lhyfe#Hype#Shell#Fortescue#Stellantis#GM#Daimler#Honda#Man#Hyzon#Nikola#Quantron#Cummins#Van Hool#McPhy#Ballard Power#Fuel Cell Energy#Plug Power#Alstom#BP#Airbus#Hydrogen Economy#Green Hydrogen#Financial Performance#Hydrogen Mobility#Clean Energy Investment#Business Strategy#Net Losses#Industry Analysis#Hydrogen Market Reality
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