The Chinese EV maker looks undervalued relative to its growth potential.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
Apenas manchetes de alto sinal — eventos macro, resultados, M&A, regulatório. Listicles e clickbait de analistas filtrados por padrão. Atualizado a cada hora.
The Chinese EV maker looks undervalued relative to its growth potential.
The U.S.-listed electric vehicle complex is catching a coordinated bid in Wednesday’s midday session. Lucid Group (NASDAQ:LCID) shares are up 9% to around $6.57, NIO (NYSE:NIO) stock has rallied 7% to $6.52, and Tesla (NASDAQ:TSLA) shares have climbed 4% to roughly $450. The move spans geographies, with Lucid representing the U.S. luxury EV story, NIO ... Lucid Jumps 9%, NIO Rallies 7%, Tesla Rises 4% as EV Stocks Get Charged Up
April sales from Tesla's Shanghai factory rose sharply, but investors remain cautious on the next leg of growth.
Nio would need massive delivery growth, stronger margins, and successful scaling of its battery-swapping business. It's a high bar, but the company already has meaningful scale and infrastructure in place.