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Embattled EV maker Nikola files for Chapter 11 bankruptcy protection

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Summary
Nutrition label

72% Informative

Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations.

At its peak in 2020 , Nikola was valued more than Ford Motor at $30 billion .

The company's downfall has played out over years , ignited by scandals and lies involving its founder and former CEO.

VR Score

79

Informative language

81

Neutral language

65

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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