Huge News for Tesla Stock and Nio Stock Investors

By Parkev Tatevosian, CFA – Jul 14, 2023 at 6:00AM

NASDAQ: TSLA

Tesla

Market Cap

$566B

Today's Change

(1.50%) $2.62

Current Price

$177.46

Price as of May 17, 2024, 4:00 p.m. ET

The pioneering EV companies had the government step in and void an agreement.

Fool.com contributor Parkev Tatevosian highlights a major update for Tesla (TSLA 1.50%) and Nio (NIO 0.38%) stock investors.

*Stock prices used were the afternoon prices of July 11, 2023. The video was published on July 13, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio and Tesla. The Motley Fool has a disclosure policy.

Parkev Tatevosian 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.