Should You Pick This Chinese EV Player Over Tesla?
- Friday, December 3, 2021, 7:14
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Over the last year, Nio, China’s fast-growing luxury electric vehicle maker, has seen its stock decline by almost 20%. In comparison, EV bellwether Tesla stock has roughly doubled, with its market cap crossing the $1 trillion mark. Tesla stock now trades at about 21x projected 2021 revenue, while…