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Troubled electric truck maker Nikola files for bankruptcy | TechCrunch

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Summary
Nutrition label

71% Informative

Nikola plans to go to auction with its assets pending court approval.

The company has about $47 million in cash on hand to fund its bankruptcy process.

Nikola was once a Silicon Valley darling, valued at $30 billion in June 2020 .

A series of scandals surrounding its founder and former CEO Trevor Milton put the company into free fall.

VR Score

69

Informative language

66

Neutral language

46

Article tone

semi-formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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