TSLA vs. NIO: Better EV Stock to Check Out This August?

TSLA vs. NIO: Better EV Stock to Check Out This August?

Tesla (NASDAQ:TSLA) is the latest EV maker to run over a bit of a roadbump this earnings season. Indeed, the immediate reaction to the second-quarter sales slowdown was overwhelmingly negative. The stock tanked by just over 9% before recovering much of the ground in the following trading session. Indeed, it’s going to take some time to digest what the EV slowdown really means for the fate of the ailing Mag Seven stock. With a robotaxi opportunit…

Down 24% this year! But could Tesla stock make a stunning comeback?

It is pretty fashionable to knock Tesla (NASDAQ: TSLA). The stock has fallen 24% already this year and there are increasing reasons many investors feel bearish about the tech giant. Still, Tesla has a long history of share price volatility. It has defied critics on many occasions before to bounce back. Indeed, while the share has tumbled lately, it is still 39% higher than it was a year ago – and up 223% over a five-year period. Even after its r…