What happened Shares of electric-truck maker Nikola (NASDAQ: NKLA) have had a bumpy last few days. Today's action mirrored recent movements as shares dropped 5%, then moved 4.4% above Monday's close, before finally settling back with a gain of 3% as of 10:40 a.m. EST. So what The volatility is partly left over from the previous days' news, and partly tied in with today's market sentiment. Nikola Two (left) and Tre (right) semi trucks. Image source: Nikola. Shares took a dive on Dec. 23 when the company announced it was backing out of an agreement to supply Republic Services 2,500 battery-electric garbage trucks. But shares jumped yesterday after J.P. Morgan put out an analyst note that investors took as a positive view. Now what Many renewable energy stocks are taking a hit today, which explains the initial drop. But longer term, investors will have to decide whether Nikola can recover from the reputational hit it took earlier this year when a short-seller report forced founder and chairman Trevor Milton to resign. The analyst report yesterday pointed out that the next year should be "less drama-filled" for the company. But it ultimately comes down to whether Nikola can successfully make both the battery- and hydrogen-electric trucks it claims. Expect plenty more volatility as investors digest news regarding the underlying business next year. 10 stocks we like better than Nikola CorporationWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Nikola Corporation wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Howard Smith owns shares of Nikola. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source