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Why Did Nio and Xpeng Stock Crash on Tuesday?


In this video, I'll explain why (NYSE: NIO) and Xpeng stock crashed on Tuesday as well as talk about some recent delivery numbers both companies reported.

*Stock prices used were from the trading day of Jan. 16, 2024. The video was published on Jan. 17, 2024.

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Source Fool.com

NIO Inc. Stock

€3.58
4.130%
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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