These days there is a buzz among the investors about investing in any stock company. Two of the very popular companies to invest in these days are Tesla and Nikola. Though Tesla is leading Nikola in most of the ways, many people are considering Nikola too for the same purpose of investment.
If you too are one of the people who want to invest in any of these two companies but still you are a bit confused and don’t know which one to choose out of these two, you need to know some more things about these two companies so that you may be clear and choose the best one for investment.
Tesla (NASDAQ TSLA) is a company who mainly works in the electric car industry. So far it has worked on three models of the car and all of them were considered to be very good by the users and also by the government of the US as it helped people to reduce the consumption of traditional sources of energy for driving the vehicle. Along with this company also managed to work in the field of providing rooftop solar panels so that people can use the unlimited source of solar energy.
While doing so this company has to face many ups and downs and the situation even came when the company was going in the direction of bankruptcy but nothing like this happened and everything went in the favour of the company and its shareholders. After too many continuous dips in the stock market, recently a great boom has been noticed in its share rate which attracted the users a lot and many of them turned towards it.
On the other hand, Nikola is a company which mainly works in the industry of manufacturing heavy trucks which work on the hydrogen cell-based trucks. These trucks can be used for performing heavy to very heavy duty without being failed as per the company. Through its marketing strategies, the company managed to create a great buzz among the investors and they also turned towards it.
Now the question is which of these two companies to choose so that your investment could be thought of as a wise investment. To do so we need to study the past few month performances of both the companies. If we do so, we find that the performance of Tesla was much better than Nikola. In the past three months, the share rates of Tesla stock got a good gain of 30% approx while at the same time Nikola declined with more than 35%. Based on this performance, Tesla would be best to invest. Before that, you can learn its cash flow at https://www.webull.com/cash-flow/nasdaq-tsla.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.