Should You Buy NIO, Nikola, or Tesla Stock? Investors Can Buy All Three With $100
Do you believe 2020 is the year the electric car will finally go from a niche offering to a mainstream option that makes up a sizable share of consumer auto sales?
If you do, you have more options than ever before for companies to invest in. In fact, while there were once very few automakers offering EVs that married both style and function, new players keep entering the game -- many of which have the potential to be game-changers both for the electric vehicle market and for investors hoping to ride the EV wave to double-digit gains.
Such a wealth of choices when it comes to electric vehicle stocks may have you stumped about whether to put your money in Tesla (NASDAQ: TSLA) due to its stellar earnings, the strong competitive advantage its first-mover status afforded, and its expansion plans -- or whether to invest with newer upstarts such as Nikola (NASDAQ: NKLA) or NIO (NYSE: NIO), hoping they'll replicate Tesla's meteoric rise.
Source Fool.com
