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Nio and Lucid are ramping up their production and delivery of electric vehicles in 2024.
Fool.com contributor Parkev Tatevosian compares Nio (NIO 0.38%) and Lucid (LCID -1.39%) to determine which is the better EV stock to buy for 2024.
*Stock prices used were the afternoon prices of Dec. 26, 2023. The video was published on Dec. 28, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. 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.
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