Electric Vehicles Are Taking Over And It Shows

By Neil Rozenbaum – Jul 3, 2023 at 4:00PM

NYSE: NIO

Nio

Market Cap

$11B

Today's Change

(-9.07%) -$0.53

Current Price

$5.26

Price as of May 15, 2024, 11:06 a.m. ET

These are signs of better things to come.

Shares of multiple electric vehicle makers soared on Monday because of positive delivery numbers across the board. In this video, I will go over these numbers for Xpeng (XPEV -3.92%), Tesla (TSLA -2.03%), Rivian (RIVN -8.58%), Nio (NIO -9.07%), and Li Auto (LI -2.46%).

*Stock prices used were from the trading day of July 3, 2023. The video was published on July 3, 2023.

Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Nio and Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.