You might’ve heard about Nio Inc. (NYSE: NIO) and how it was dubbed the “Tesla of China.” But even that might not give Nio enough credit, as you’ll see in our Nio stock forecast….
While Tesla Inc. (NASDAQ: TSLA) climbed 510% in 2020, moving up from $130 to $793, Nio stock skyrocketed 1,407% within that same time frame – from $3.78 to a high of $57.
Nio has pulled back since then. But that’s not a bad thing. In fact, it means you can get into an EV stock with huge potential at a steep discount.
Read more about NIO stock here.
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