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Look Out, Tesla, Nio Is Coming for Your Lunch

TheMotleyFool

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Look Out, Tesla, Nio Is Coming for Your Lunch: https://g.foolcdn.com/editorial/images/780126/stock-market-person-studying-computer.jpg

Fool.com contributor Parkev Tatevosian discusses what the increasing competition means for (NYSE: NIO) and Tesla (NASDAQ: TSLA) stock investors.

*Stock prices used were the afternoon prices of June 7, 2024. The video was published on June 9, 2024.

Source Fool.com

NIO Inc. Stock

NIO Inc. shows a slight decrease today, losing -€0.029 (-0.730%) compared to yesterday.
The community is currently still undecided about NIO Inc. with 2 Buy predictions and 0 Sell predictions.
With a target price of 5 € there is a positive potential of 23.55% for NIO Inc. compared to the current price of 4.05 €.

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