Tesla and Nio Charging Ahead into Second Half of 2021, Says Analyst

TipRanks2021-07-08

As electric vehicles (EV) chomp up more market share in the auto industry, two companies lead the charge. Tesla, Inc. (TSLA) and Nio (NIO) are both exclusively EV producers, so they can focus solely ...

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Comments

CTLT
2021-07-08
CTLT
Why keep dropping again?!
Roykhor77
2021-07-08
Roykhor77
Nice
hzhengkai
2021-07-08
hzhengkai
Go go go!
sylarspock
2021-07-08
sylarspock
$Tesla Motors(TSLA)$to Mars!
TripleWin
2021-07-08
TripleWin
Leader in EV market
- TripleWin:
  [强]
TeslaLegend
2021-07-08
TeslaLegend
Please like and comment. Thanks!
- sylarspock:
  Chicken Gang!

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Tesla, Inc. (TSLA) and Nio (NIO) are both exclusively EV producers, so they can focus solely ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-nio-charging-ahead-second-135411491.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"F","symbol_name":"福特汽车","start_time":0,"source_url":"https://finance.yahoo.com/news/tesla-nio-charging-ahead-second-135411491.html","article_id":"2149315458","we_media_id":null,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/tesla-nio-charging-ahead-second-135411491.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2149315458","pubTimestamp":1625727791,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"As electric vehicles  chomp up more market share in the auto industry, two companies lead the charge. 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(TSLA) and Nio (NIO) are both exclusively EV producers, so they can focus solely on their technology and business models. Both are vertically integrated, which minimizes dependency on global supply chains. Finally, sales at both companies have swelled well over 100% year-over-year. \nReporting on the companies' successes and future outlooks is Vijay Rakesh of Mizuho Securities, who explained that year-over-year, Tesla and Nio have increased their sales 121% and 112%, respectively. He expects Nio’s sales momentum to continue through the year’s end, and said that globally, “Tesla’s lead remains unchallenged.”\nRakesh maintained Buy rating for both of the stocks, and declared a price target of $820 for Tesla, and $65 for Nio. For Tesla, this would reflect a possible 24.32% 12-month upside, and for Nio, a possible 29.25% upside, from Tuesday's closing prices.\nThe five-star analyst spoke of a bright second half of 2021 for the two auto manufacturers. He stated that Nio could exceed the expected amount of battery swap stations by the year’s end, and that Tesla is planning to begin production at its two new Gigafactories in Austin and Berlin.\nAside from Nio’s domestic competition from Li Auto (LI) and XPeng (XPEV), large traditional auto manufacturers are fumbling to get their responses out into the market. Rakesh wrote that Ford (F), Mercedes (DDAIF), and Volkswagen (VWAGY) are said to be finding it difficult to manage both conventional and electric engines in their product lines.\nThere is, of course, a slight downside. Rakesh elaborated that Tesla could be facing a possible slowdown of sales in China, and its concentrated product line leaves it largely dependent on two particular models. Additionally, it is within the realm of possibility that both companies may be subject to production delays caused by the semiconductor chip shortages currently affecting global supply chains.\nHowever, the analyst remained staunchly bullish. 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Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149234911","repostId":2149315458,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5158996,"gmtCreate":1625732651881,"gmtModify":1663230695063,"authorId":3582677817626222,"author":{"id":3582677817626222,"idStr":"3582677817626222","authorId":3582677817626222,"name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149234911,"type":1,"supId":0,"prevId":0,"content":"Chicken Gang!","text":"Chicken Gang!","html":"Chicken Gang!"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":42,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2149315458"}