nio vs tesla stock
Nio stock rode Tesla's coattails to a 400% gain this year. The ADSs, which hit a high of $13.80 in their third session, have not found much buoyancy since then.
Nio went public in September 2018, by offering 160 million ADSs at $6.26 each. Nio Stock.
The NIO stock analysis is one of the most frequently asked questions from you guys here on my YouTube channel so today’ we’re going to take a look at this electric car company that was on the verge of bankruptcy last year, but might have just figured out a battery swap solution for eclectic vehicles, something that its rival, Tesla … Tesla stock has risen almost 87% this year, while NIO stock has fallen almost 10%. Premium electric car maker Nio (NYSE: NIO), often touted as the Tesla (NASDAQ: TSLA) of China, has seen its stock jump 85% year-to-date, following the company’s Q1 earnings beat and … Both of the companies are electric vehicle producers but with different fortunes.
But there's one problem: Nio isn't the "Tesla of China" after all.
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