Reported about 1 month ago
Analysts are evaluating the EV stocks of Nio, Li Auto, and Tesla amidst market challenges. While Wall Street remains cautious on Tesla due to concerns about competition and margins, both Nio and Li Auto show potential for growth, with Nio leading in upside potential due to strong delivery numbers and financial backing from investors. Nio holds a Moderate Buy rating with a projected price target of $6.31, indicating a 21% upside, while Li Auto also shows promise but limited catalysts ahead.
Source: YAHOO