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Chinese stocks took a hit on Tuesday for the obvious reasons.
In this video, I'll explain why Nio (NIO 8.72%) and Xpeng stock crashed on Tuesday as well as talk about some recent delivery numbers both companies reported.
*Stock prices used were from the trading day of Jan. 16, 2024. The video was published on Jan. 17, 2024.
Neil Rozenbaum 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. 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.
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