NIO Inc: China’s Tesla Trades at Just $4.89 A Piece
Could This $4.89 Stock Become the Next Tesla?
With a growing number of electric vehicles (EVs) on the road, early investors of the EV industry have made some serious profits.
Take Tesla Inc (NASDAQ:TSLA), for instance. When the company first introduced its "Model S" electric sedan back in June 2012, TLSA shares were trading at around $33.00 apiece. Today, the stock is at $241.56, meaning those who invested in Tesla Inc back then have earned a jaw-dropping return of 632%.
But not everyone managed to get on the profit train early enough. And like many stocks that shot through the roof, Tesla shares have experienced some pullbacks. As a matter of fact, while.
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