Nikola Corp. suspects “foul play” after an early-morning fire broke out at its Phoenix headquarters that affected several of its electric big rigs.
No one was injured in the blaze, the company said Friday in a tweet. An investigation is underway after a vehicle was seen in the area of the trucks prior to the incident, Nikola said.
Nikola didn’t comment beyond its tweet.
The situation adds to headaches for Nikola, which said last week it would cut 270 jobs to reduce expenses and preserve cash. It’s also grappling with delivery challenges, executive turnover and calls from its ousted founder, Trevor Milton, to replace leadership.
Shares of the company fell 6.5% to $1.28 as of 10:30 a.m. in New York.