As electric vehicles (EV) chomp up more market share in the auto industry, two companies lead the charge. Tesla, Inc. (TSLA) and Nio (NIO) are both exclusively EV producers, so they can focus solely on their technology and business models. Both are vertically integrated, which minimizes dependency on global supply chains. Finally, sales at both companies have swelled well over 100% year-over-year. (See Tesla stock chart and Nio stock chart on TipRanks)   Reporting on the companies' successes and future outlooks is Vijay Rakesh of Mizuho Securities, who explained that year-over-year, Tesla and Nio have increased their sales 121% and 112%, respectively. He expects Nio’s sales momentum to continue through the year’s end, and said that globally, “Tesla’s lead remains unchallenged.
https://www.tipranks.com/news/article/tesla-and-nio-charging-ahead-into-second-half-of-2021-says-analyst
Volkswagen (PK) (USOTC:VWAGY)
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