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Kritika Sarmah

Which Auto Stock Should You Watch: Tesla (TSLA) or NIO (NIO)?

NIO Tesla Inc. United States electric vehicle Kritika SarmahHer

In this article, I have evaluated two electric vehicle (EV) stocks, Tesla, Inc. (TSLA) and China-based NIO Inc (NIO), to determine which is better for an investor to watch. Based on the fundamental comparison of these stocks, I believe TSLA has better upside potential for the reasons explained throughout this article.

The global auto industry is experiencing a significant transformation, as evident from the surge in EV sales. The International Energy Agency's (IEA) Global Electric Vehicle Outlook reveals that over 10 million electric cars were sold worldwide last year.

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