From Yahoo Finance.: 2025-04-11 15:00:00

The long-awaited debut of the Tesla Semi is delayed, according to Electrek. Ryder requested a 28-month contract extension with MSRC due to delays in Tesla product design and vehicle production, reducing its commitment from 42 to 18 Semis. Infrastructure work will resume in Q3 2025 with groundbreaking in Q2 2026.

Nikola founder Trevor Milton seeks to buy assets from his bankrupt former company, but faced a “frosty reception.” ISSO LLC bid on Nikola assets, allowing inspection but no photos or videos. The bankruptcy auction’s outcome is unknown.

EV startup Canoo filed for bankruptcy and CEO Anthony Aquila offered to buy assets for $4 million in cash, wiping away $11 million in debt. Harbinger objected to the sale, accusing Canoo of hiding assets from Arrival. The judge approved the sale to Aquila for $4 million in cash.

Renewable natural gas is found to be the best replacement for diesel trucks, according to a report by NGO Energy Vision. Lucid Group Inc. acquires select facilities and assets in Arizona from Nikola Corp, offering employment to over 300 former Nikola employees. The deal does not include Nikola’s business, customer base, or hydrogen fuel cell electric truck technology.



Read more at Yahoo Finance.: Tesla Semi deliveries delayed again