Nikola Corporation is currently facing challenges in terms of its share price, which has only seen a slight increase of 0.2% recently. Despite delivering 88 hydrogen trucks in the last quarter, analysts remain doubtful about the company's ability to achieve sustainable growth.

The minimal progress in share price has raised concerns among investors, as it is considered insufficient. Financially, Nikola reported losses of $493 million, which presents a significant hurdle. To offset these losses, the company would need to almost triple its sales, which is a difficult task given the current market conditions.

While some analysts have set high price targets for Nikola, technical analysis suggests a lack of optimism regarding future developments. The latest figures indicate that shareholders need to take action, leading to questions about whether to buy or sell the stock.