Reported 2 days ago
Nio, a rapidly growing Chinese electric vehicle manufacturer, is poised to double its sales next year but continues to struggle with significant losses and shareholder dilution. Despite its innovative Battery-as-a-Service model and increasing market share, regulatory risks and competition threaten its path to profitability. Analysts currently view Nio stock as a sell due to these headwinds and the need for improved margins and cost management.
Source: YAHOO