Every week, Fintech Zoom conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
Founded in 2003, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The Tesla Roadster debuted in 2008, Model S in 2012, Model X in 2015, Model 3 in 2017 and Model Y in 2020.
Tesla also sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities.
Tesla’s global deliveries in 2019 totaled 367,656 units. The EV maker delivered 499,550 vehicles in 2020, the company reported Jan. 2.
The total count came just short of CEO Elon Musk’s 500,000 goal for the year. The EV sales results were nonetheless impressive.
The fourth-quarter delivery count of 180,570 was a new record for the company.
See Also: How To Buy Tesla Stock
In the near-term, the Shanghai-based EV maker Nio continues to garner investor attention with its marked earnings growth.
Nio operates in China’s premium EV market. The company designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving and artificial intelligence.
Rounding out 2020 earnings, Nio on Nov. 17 reported above-consensus third-quarter results, thanks to strong deliveries and margin improvement.
Revenues for the company climbed 146.4% year-over-year and 21.7% sequentially to $666.6 million. This compares to the year-ago revenue of $262.47 million. Nio also issued a strong fourth-quarter outlook.
Levels of sentiment were extraordinarily tight for this study as traders and investors expressed a near-equal weighted confidence for both EV makers.
Our study revealed many respondents agreeing that electric vehicle makers, in general, will continue to gain investors. Although narrowly so, respondents expressed excitement for Nio given the many confirmed product announcements and rumors that will be addressed at the company’s annual Nio Day event Jan. 6.
Our team recently reported Nio is on track to announce a few launches at Nio Day, including its first sedan. This would be the company’s fourth mass-produced model, with speculations suggesting it will likely have a coupe design like the Audi A7.
It is also believed the company could start mass manufacturing the model by the fourth quarter of 2021.
Nio is expected to announce a 150 kilowatt-hour battery pack that will likely increase the range of its EVs to over 900 km.
An upgrade to Nio‘s advanced driver assistance system platform, named NT2.0, is also expected to be unveiled at the event. It will likely feature lidar technology.
The company will also announce its second-gen battery swap stations.
This survey was conducted by Fintech Zoom in December 2020 and included the responses of a diverse population of adults 18 or older.
Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 800 adults.
Photo courtesy of Nio.
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