Millennials are snapping up the 'Tesla of China' since its IPO (NIO)

Millennial investors have been pilling into Nio, the Tesla of China, shares since its US initial public offering last week.
Nio shares have gained 46% since their IPO, and is the 29th most held stock on Robinhood.
Watch Nio trade in real time here.Nio — the Tencent-backed electric-car startup widely seen as the Tesla of China — has become a darling for investors on the stock-trading app Robinhood, a no-fee brokerage popular among younger traders.
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