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2 Tesla Disruptors to Watch
Episode 305th August 2020 • The Stock Power Podcast • Money & Markets
00:00:00 00:17:33

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You’ve heard the stories about how Tesla Inc. (Nasdaq: TSLA) shares have been skyrocketing over the last several months — up 200% since the start of 2020.

But you probably haven’t heard as much about two other electric vehicle producers that are rising just as fast.

Chinese-based Nio Inc. (NYSE: NIO) and Nikola Corp. (Nasdaq: NKLA) have also been on the rise of late.

In fact, Nio jumped 14% to start this week after it reported a 322% increase in July vehicle deliveries. Nikola earning a buy rating from Deutsche Bank on Monday and surged 22%.

It speaks to the overall growth of the electric vehicle market.

Even the global market for electric vehicles is expected to grow five times over by 2026.

With the market share expected to grow that far, that fast, these three companies are setting themselves up to be the favorites to lead the expansion.

Some pundits even think Nio and Nikola can rise even farther and faster than the more known Tesla.

In this episode of The Bull & The Bear, host Matthew Clark will look at all three companies and tell you if the pundits are right or not.

Right now, there’s no comparison between the three companies as Tesla dwarfs the other two.

But that’s not to say that Nio, Nikola … or even both … couldn’t give Tesla a run for its money in terms of market share.

We’ll look at how each company is performing and whether the data supports the possibility that Nio or Nikola could test Tesla’s electric vehicle dominance.

You need to know what the trends are and what the data tell you to determine if they are worth investing in.

That’s why we do the work for you by looking at specific stocks, exchange-traded funds and cryptocurrencies and providing our analysis to give you the most sound and reliable information.

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