An American EV manufacturer famous for fake announcements that put its boss in jail has declared bankruptcy. Nikola, a truck manufacturer spruiking battery and hydrogen-powered alternatives to the Tesla Semi, is the latest manufacturer to declare an end to its production run.

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in the past few quarters.

The struggling company has gone through many ups and downs, including allegations of fraud and the imprisonment of its former CEO.