Stock price performance comparison: Tesla (TSLA) vs Nio Inc (NIO)
Category: Tesla Inc (TSLA) and Nio Inc (NIO)
Date: 22 November 2021 Stock price of Tesla (TSLA): $1137.06 Stock price of Nio (NIO) : $38.66 Our latest stock price performance comparison between two electric vehicle manufacturers. We compare the stock performance of Tesla (TSLA) and NIO Inc (NIO). Which of these two EV manufacturers stock has accelerated the fastest over the last 2 years?
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The stock of Tesla (TSLA) has easily outperformed that of Nio (NIO) over the last 2 years. Over the last 2 years for every 1% that Tesla (TSLA) stock increased the stock of NIO increased by 0.93%"
More About Tesla (TSLA)
We design, develop, manufacture and sell high-performance fully electric vehicles (“EVs”) and energy generation and storage systems, and also install and maintain such energy systems and sell solar electricity. We are the world’s first vertically integated sustainable energy company, offering end-toend clean energy products, including generation, storage and consumption. We have established and continue to grow a global network of stores, galleries, vehicle service centers, Mobile Service technicians, body shops, Supercharger stations and Destination Chargers to accelerate the widespread adoption of our products, and we continue to develop self-driving capability in order to improve vehicle safety. Our sustainable energy products, engineering expertise, intense focus to accelerate the world’s transition to sustainable energy, and business model differentiate us from other companies.
We currently produce and sell three fully electric vehicles: the Model S sedan, the Model X sport utility vehicle (“SUV”) and the Model 3 sedan. All of our vehicles offer high performance and functionality as well as attractive styling. We commenced deliveries of Model S in June 2012 and have continued to improve Model S by introducing performance, all-wheel drive dual motor, and Autopilot options, as well as free over-the-air software updates. We commenced deliveries of Model X in September 2015. Model X offers seating for up to seven people, all-wheel drive, and our Autopilot functionality. We commenced deliveries of Model 3, a lower-priced sedan designed for the mass market, in July 2017, and we have significantly ramped its production. We are now embarking on the delivery of Model 3 in international markets and are focusing on lowering manufacturing costs while continuing to increase its production rate. We also intend to bring additional all-electric vehicles to market in the future, including Model Y, the Tesla Semi truck, a pickup truck and a new version of the Tesla Roadster
We currently produce and sell three fully electric vehicles: the Model S sedan, the Model X sport utility vehicle (“SUV”) and the Model 3 sedan. All of our vehicles offer high performance and functionality as well as attractive styling. We commenced deliveries of Model S in June 2012 and have continued to improve Model S by introducing performance, all-wheel drive dual motor, and Autopilot options, as well as free over-the-air software updates. We commenced deliveries of Model X in September 2015. Model X offers seating for up to seven people, all-wheel drive, and our Autopilot functionality. We commenced deliveries of Model 3, a lower-priced sedan designed for the mass market, in July 2017, and we have significantly ramped its production. We are now embarking on the delivery of Model 3 in international markets and are focusing on lowering manufacturing costs while continuing to increase its production rate. We also intend to bring additional all-electric vehicles to market in the future, including Model Y, the Tesla Semi truck, a pickup truck and a new version of the Tesla Roadster
More About NIO Inc (NIO)
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater flagship premium electric SUV in China in June 2018, and its variant, the 6-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began the first deliveries of the ES6 in June 2019. NIO officially launched the EC6, a 5-seater premium smart electric coupe SUV, in December 2019 and plans to commence deliveries in 2020.
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Tesla (TSLA) vs NIO Inc (NIO) stock comparison chart
The image below shows the stock price performance of Tesla (TSLA) and NIO Inc (NIO) over the last 2 years. Both these firms stocks have seen strong increases over the last 2 years. The summary below shows the stock price returns of Tesla (TSLA) and NIO (NIO) over the last 2 years:
The stock of Tesla (TSLA) has easily outperformed that of Nio (NIO) over the last 2 years. Over the last 2 years for every 1% that Tesla (TSLA) stock increased the stock of NIO increased by 0.93%
- Tesla (TSLA): 1597%
- NIO Inc (NIO):1484%
The stock of Tesla (TSLA) has easily outperformed that of Nio (NIO) over the last 2 years. Over the last 2 years for every 1% that Tesla (TSLA) stock increased the stock of NIO increased by 0.93%
Market Capital of Tesla (TSLA) and NIO Inc (NIO)
So what does market capital mean? Well it basically shows what a firm is worth based on the number of shares it has in issue and its current stock price. As at 22 November 2021 Tesla (TSLA) and NIO Inc (NIO) has the following market capitals
Based on the current market capital of both firms Tesla (TSLA) is 18.4 times the size of NIO Inc (NIO). Put differently Tesla (TSLA) is worth 1740% more than NIO Inc (NIO)
- Market Capital of Tesla (TSLA): $1.13 trillion
- Market Capital of NIO Inc (NIO): $61.4 billion
Based on the current market capital of both firms Tesla (TSLA) is 18.4 times the size of NIO Inc (NIO). Put differently Tesla (TSLA) is worth 1740% more than NIO Inc (NIO)
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