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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/06\/23\/ev-truck-maker-nikola-suspects-foul-play-in-headquarters-fire\/<\/a><\/br> Nikola Corp said Friday it suspected \u201cfoul play\u201d in a fire outside of its Phoenix headquarters that affected some of its battery electric trucks.<\/p>\n The fire, which Nikola tweeted<\/a> about and has since confirmed with TechCrunch, started early this morning behind its headquarters. A vehicle was seen in the area of the affected trucks\u00a0just prior to the incident and an investigation is underway.<\/p>\n \u201cOur team applauds the Phoenix and Tempe Fire Departments for taking quick action and staying on top of the situation,\u201d the company tweeted. \u201cWe will release additional information as it becomes available.\u201d<\/p>\n The company didn\u2019t provide details about exactly how many vehicles were affected, only noting that it involved \u201cmultiple\u201d trucks.<\/p>\n Shares were down about 8% to $1.27.<\/p>\n The fire occurred a week after the beleaguered EV truck company announced it was laying off 270 employees<\/a>, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. About 150 workers who were supporting the company\u2019s European programs were cut. Another 120 employees based at the company\u2019s Phoenix and Coolidge, Arizona, sites also lost their jobs. About 900 employees remain.<\/p>\n Nikola said the cuts are\u00a0expected to decrease personnel-related cash spend by more than $50 million annually. As a result of the cuts, the company\u2019s a<\/span>nnual cash spend is expected to decrease to under $400 million by 2024.<\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nEV truck maker Nikola suspects foul play in headquarters fire<\/br>
\n2023-06-23 21:42:12<\/br><\/p>\n