|Bid||187.500 x 0|
|Ask||187.600 x 0|
|Day's Range||177.200 - 187.600|
|52 Week Range||33.500 - 212.000|
|Beta (5Y Monthly)||0.77|
|PE Ratio (TTM)||177.17|
|Forward Dividend & Yield||0.07 (0.04%)|
|Ex-Dividend Date||Jun 26, 2020|
|1y Target Est||57.32|
The National Highway Traffic Safety Administration launched a probe into Tesla suspension issues related to 115,000 vehicles.
While Xpeng (XPEV), Li Auto (LI) and BYD (BYDDY) slid yesterday, investors would do well to hold these stocks, as yesterday's dip appears to be a temporary weakness in an upward trending market.
Shares of Nio Inc. surged 2.3% in premarket trading, ahead of the China-based electric vehicle maker's third-quarter earnings report after the closing bell, as a big rally in Tesla Inc.'s stock and an upbeat analyst note helped fuel investor optimism. Nio is expected to report a per-share loss that narrowed to RMB1.18 from RMB2.48 a year ago, according to FactSet, and revenue that more than doubles to RMB4.37 billion from RMB1.84 billion. Tesla's stock shot up 13.3% ahead of the open, after S&P Dow Jones Indices said late Monday that it would add the stock to the S&P 500 next month. And Wedbush analyst Dan Ives the EV vehicle market is still in the" very-early innings" of playing out, with the stage now set "for a major step up in EV growth, with Europe and China front and center as core growth regions." Among other China-based EV makers, shares of Li Auto Inc. rallied 3.4% premarket and XPeng Inc. climbed 3.5%.