With EV it may seem that the oil industries will take a hit. But consider how the electricity it generated. Alternative energy like wind and solar is still not efficient enough to take over traditional energy source, oil.
What is the fundamental of this company? It is the power of the investor that rally the share prices.Good for day trading, not for long term investment. Please like and comment.
GameStop shares rose nearly 3% in pre-market trading
Nio strategy of battery change out versus charging is a great plus on design and innovation. It needs the infrastructure to support it. Where Tesla is already building charging stations everywhere. Still there is great opportunity for Nio to grow.
Nio Stock May Be Priced Like Tesla, but There’s No Good Reason for It