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Is NIO Stock Still a Buy in 2021?

Is NIO Stock Still a Buy in 2021?

Electric-vehicle (EV) stocks were some of the biggest winners of 2020. Tesla (NASDAQ: TSLA) has garnered much of the publicity, so it might surprise you that shares of Chinese EV maker NIO (NYSE: NIO) have significantly outperformed those of Tesla over the past year. Tesla's meteoric rise was the subject of many headlines over the last year, and led speculative investors to search for "the next Tesla."