Nio (NIO) Grows 70%, But Is No Match For Tesla (TSLA)

Nio (NIO) is auto manufacturer specializing in designing and developing electric vehicles, and is known for the development of battery-swapping stations for its vehicles. George Tsilis joins Alex Coffey and Jenny Horne to discuss NIO, as it has a growing market share, but finds it challenging to be profitable. He then compares NIO to Tesla (TSLA). He also notes that Nio grew about 70% year-over-year. Tune in to find out more about the stock market today.

Next Gen Investing

05 Dec 2022

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