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Best EV Stock to Buy in 2024: Tesla Stock vs. Nio Stock

TheMotleyFool

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Best EV Stock to Buy in 2024: Tesla Stock vs. Nio Stock: https://g.foolcdn.com/editorial/images/759232/auto-mechanic-industry-building.jpg

Fool.com contributor Parkev Tatevosian compares two of the most popular EV stocks in the markets today, Tesla (NASDAQ: TSLA) and (NYSE: NIO), to determine which is the better buy.

*Stock prices used were the afternoon prices of Dec. 20, 2023. The video was published on Dec. 22, 2023.

Source Fool.com

NIO Inc. Stock

NIO Inc. dominated the market today, gaining €0.14 (4.130%).
With 2 Buy predictions and 1 Sell predictions the community is currently undecided on NIO Inc..
As a result the target price of 5 € shows a positive potential of 39.7% compared to the current price of 3.58 € for NIO Inc..

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