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bankruptcy > Page 2
Lightyear 0 cars in a workshop
News January 30, 2023 0 comments on Lightyear’s operating company enters bankruptcy after announcing halt of production

Lightyear’s operating company enters bankruptcy after announcing halt of production

by Darryn John

The future of Lightyear has been cast into doubt after announcing its parent company Atlas Technologies has entered bankruptcy. The development comes just days after Lightyear announced it was suspending production of its first electric […]

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Arcimoto assembly line
News January 18, 2023 0 comments on Arcimoto shuts down factory, stock plunges as it warns of bankruptcy

Arcimoto shuts down factory, stock plunges as it warns of bankruptcy

by Darryn John

Electric vehicle (EV) maker Arcimoto announced on Wednesday it has shut down production at its factory in Oregon, saying that they are nearly out of money. To help try and keep them afloat the company […]

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Tesla IPO Elon Musk
Model 3 November 3, 2020 0 comments on Tesla was within one month of bankruptcy during Model 3 production ramp

Tesla was within one month of bankruptcy during Model 3 production ramp

by Mike Flemming

The struggles suffered by Tesla during the Model 3 production ramp are well known, but today we learned just how close CEO Elon Musk and Tesla was to losing it all. Tesla began limited production […]

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Faraday Future FF 91 in driveway
News October 15, 2019 0 comments on Founder of Tesla competitor Faraday Future files for bankruptcy

Founder of Tesla competitor Faraday Future files for bankruptcy

by Darryn John

The founder and former CEO of Faraday Future, Jia Yueting, has filed for Chapter 11 bankruptcy in court in Delaware in an attempt to satisfy his long list of debts in China. The former Chinese […]

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