Accessibility Menu
Arrow-Thin-Down
S&P 500
6,905.74
-0.3%
-24.20
Arrow-Thin-Down
DJI
48,461.93
-0.5%
-249.04
Arrow-Thin-Down
NASDAQ
23,474.35
-0.5%
-118.75
Arrow-Thin-Down
Bitcoin
$87,909.00
+0.6%
+$566.40
Arrow-Thin-Down
QBTS
$26.15
+3.4%
+$0.86
Arrow-Thin-Down
HYMC
$23.26
-7.0%
-$1.75
Arrow-Thin-Down
RGC
$23.48
+11.0%
+$2.32
Arrow-Thin-Down
PRAX
$304.53
+13.2%
+$35.58
Arrow-Thin-Down
RARE
$19.72
-42.3%
-$14.47
Arrow-Thin-Down
PTON
$6.27
+3.5%
+$0.21
Arrow-Thin-Down
AMZN
$232.05
-0.2%
-$0.47
Arrow-Thin-Down
GOOG
$314.39
-0.2%
-$0.57
Arrow-Thin-Down
META
$658.98
-0.7%
-$4.31
Arrow-Thin-Down
MSFT
$487.10
-0.1%
-$0.61
Arrow-Thin-Down
NVDA
$188.27
-1.2%
-$2.26
Arrow-Thin-Down
TSLA
$459.51
-3.3%
-$15.68
Daily Stock GainersDaily Stock LosersMost Active Stocks

Look Out, Tesla, Nio Is Coming for Your Lunch

By Parkev Tatevosian, CFA – Jun 10, 2024 at 9:45AM EST

Nio is launching a direct competitor to Tesla's Model Y.

Fool.com contributor Parkev Tatevosian discusses what the increasing competition means for Nio (NIO +4.61%) and Tesla (TSLA 3.30%) stock investors.

*Stock prices used were the afternoon prices of June 7, 2024. The video was published on June 9, 2024.

Read Next

About the Author

Parkev Tatevosian, CFA
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.
TMFParkev
X@TMFParkev

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.

Stocks Mentioned

Nio Stock Quote

Nio

NYSE: NIO
$5.33 (+0.05%) $+0.23
Tesla Stock Quote

Tesla

NASDAQ: TSLA
$459.51 (0.03%) $15.68

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Advertisement
Advertisement

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services