Jim Cramer on CNBC's "Squawk On The Box" discussed the fanbase of Nio Inc. (NYSE:NIO).
Cramer said younger people love Nio and love individual stocks or "obvious'" plays like Tesla, Inc. (NASDAQ:TSLA).
Nio has rallied approximately 1167.5% since the beginning of 2020. The stock was trading up 4% at $47.41 on Tuesday at the time of publication.
The company is set to report third-quarter earnings results after the market closes today.