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InvestorPlace
Nio Stock Has Big Upside Potential
In the world of cryptocurrencies, any rally in Bitcoin (CCC:BTC-USD) is followed by upside in altcoins. Things seem similar for electric vehicle stocks where Tesla (NASDAQ:TSLA) is comparable to Bitcoin. With TSLA stock surging to all-time highs, it’s not long before other electric vehicle stocks follow. Nio (NYSE:NIO) is often referred to as the Tesla of China. Nio stock has been subdued for year-to-date 2021. However, a break-out on the upside is imminent and the stock is worth accumulating. S
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