Fool.com contributor and finance professor Parkev Tatevosian gives his take on why competitors need to watch out for Nio (NIO +0.20%).
*Stock prices used were the afternoon prices of June 13, 2023. The video was published on June 15, 2023.
Look Out, Competition! Nio Sets Its Sights on Bigger Market Share
By Parkev Tatevosian, CFA – Jun 15, 2023 at 7:04PM EST
NYSE: NIO
Nio
Market Cap
$10B
Today's Change
(0.00%) $0.01
Current Price
$5.00
Price as of December 22, 2025 at 4:00 PM ET
Nio entered the EV price war by lowering prices on its cars by as much as 9%.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Nio
NYSE: NIO
$5.00 (+0.00%) $+0.01
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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