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Shares in China's Tesla rival Nio soar more than 75% in a day

CNNMoney Friday, 14 September 2018
Electric car company Nio's second day on the stock market was a lot more spectacular than its first.
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News video: Nio, China's 'Tesla Killer', Goes Public

▶ Nio, China's 'Tesla Killer', Goes Public 01:35

Tesla's Chinese rival went public on the New York Stock Exchange Wednesday morning. Nio, which has sold about 1,600 of its ES8s, priced shares at $6.26 apiece, near the low end of the target range.

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