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Tesla and Nio Charging Ahead into Second Half of 2021, Says Analyst
As electric vehicles chomp up more market share in the auto industry, two companies lead the charge. Tesla, Inc. and 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.Reporting on the companies' successes and future outlooks is Vijay Rakesh of Mizuho Securities, who explained that
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