EV stocks slid in morning trading. Tesla fell nearly 1%; NIO fell 11%; Nikola fell 9%; Rivian fell 7%; XPeng and Li Auto fell 2%.
$(TSLA)$ $(NIO)$ $(NKLA)$ $(RIVN)$ $(LI)$ $(XPEV)$ $(LCID)$Buy Nio notes or Nio stock?
NIO’s fell 17% on plans to raise $1 billion via convertible bonds.
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