There continues to the a prevailing questions about Nikola’s (NKLA) lasting power, particularly whether the electric truck maker has enough capital to fund its growth. Nikola stock has been under heavy pressure for much of the past year. On a year to date basis, the stock is down more than 52%, while the S&P 500 index has risen 7.7%. Is now a good time to buy some cheap shares? The company is set to report first quarter fiscal 2023 earnings results before Tuesday’s opening bell.
