×
Tuesday, September 21, 2021

What's Going On With Tesla And Nio Shares Today? - Yahoo Finance

Last updated Monday, August 23, 2021 15:45 ET , Source: NewsService

Electric vehicle-related stocks including Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) are trading higher Monday amid overall strength in the EV sector for the session.

According to reports, the National Highway Traffic Safety Administration will consider issuing higher penalties for automakers who make vehicles that do not meet fuel efficiency requirements.

Tesla is also possibly trading higher following bullish commentary from New Street analyst Pierre Ferragu.

Ferragu reportedly said he is more confident about Tesla's artificial intelligence product development following the conclusion of the company's AI Day.

The New Street analyst has a Buy rating on Tesla with a $900 price target.

Price Action: Tesla has traded as high as $900.40 and as low as $329.88 over a 52-week period. Nio has traded as high as $66.99 and as low as $13.53 over a 52-week period.

At last check Monday, Tesla was up 3.76% at $705.78 and Nio was up 3.17% at $38.09.

Photo: courtesy of Tesla.

Latest Ratings for TSLA

See more from Benzinga

2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read Full Story: https://finance.yahoo.com/news/whats-going-tesla-nio-shares-194512771.html


Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.