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First off, let's address the elephant in the room: **Nikola's stock performance** in 2024 has been, well, challenging. The stock price has consistently trended downwards, reaching levels that have left many investors concerned. Several key factors have converged to create this bearish sentiment. One of the main culprits has been the slower-than-anticipated production and delivery of its electric trucks. Delays in scaling up manufacturing, supply chain disruptions, and technical challenges have all played a part in hindering **Nikola's** ability to meet its production targets. Consequently, this has led to a lack of revenue and investor uncertainty about the company's ability to execute its business plan effectively. The EV market is extremely competitive, and delays can be costly for any company.
