Quick Read – Nio (NIO) delivered 37,705 vehicles in May, up 62% year-over-year, driven by new product launches including the ES9 flagship SUV and AI-focused Onvo upgrades; shares climbed to $6 on the blowout numbers and the company’s Q1 2026 gross vehicle margin reaching 19%. -…
sla (TSLA) stock fell to $420.50 as the company’s China market share slips and investors digest a strong May rally, though Q1 automotive gross margins expanded to 21% from 16% in the year-earlier period. – Nio is gaining traction with new product launches across its three-brand strategy while Tesla faces mounting competitive pressure in China, creating a divergence in momentum between the two EV makers. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and NIO didn’t make the cut. Grab the names FREE today
Shares of Nio (NYSE:NIO) are up 7% in midday trading Monday, changing hands near $6 after the Chinese EV maker posted blowout May delivery numbers. The bounce extends a recovery year for Nio stock, which is up 69% over the past 12 months. Tesla (NASDAQ:TSLA) is moving the other direction, with Tesla stock down 3% to around $420.50.
The slip follows a strong May for Tesla stock, which had climbed 17% over the prior month. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and NIO didn’t make the cut. Grab the names FREE today.