Nio's stock, at $4.69, is lagging behind its 50-day moving average of $4.83 and 200-day average of $4.83 as well. Other indicators, like a negative MACD and a middling RSI of 51.05, suggest the market ...
When Chinese electric vehicle (EV) maker Nio (NYSE: NIO) went public in September 2018, it seemed like an interesting alternative to investing in Tesla (NASDAQ: TSLA). Nio was growing rapidly and ...
Tesla has been in the driver’s seat for years, and despite its stock being down 7.11% in the past year, it’s making bullish moves. Elon Musk's ambitious robotaxi plans could reshape urban transport, ...
NIO is expanding into Tesla’s territory with its new mass-market Onvo brand. The brand’s first model, the Onvo L60, will take on Tesla’s best-selling Model Y. Starting at around $30,000 (219,900 yuan) ...
Nio is launching an affordable EV brand in China to compete with Tesla's Model Y. It has reportedly called on competitor BYD to source the batteries.
For years, Tesla TSLA has been the face of the electric vehicle (EV) revolution. With a roughly $1.4 trillion market cap and ambitions stretching into AI, robotaxis and robotics, it’s still an ...
Ever since the Tesla Model Y rose to prominence as the best-selling EV on the planet, plenty of new and compelling alternatives have been touted as rivals for it and yet, none of them have taken the ...
You can't talk about electric vehicles (EVs) without mentioning or thinking about Tesla. While it's true that others (like General Motors) had a go at manufacturing zero-tailpipe emission cars and ...
After Nio unveiled its Onvo L60 model in May, production vehicles rolled onto the assembly floor at a company plant earlier this month, and deliveries will begin shortly. It's a big step for Nio, ...
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