Reported 2 days ago
Nio's stock has significantly declined from its peak due to delivery slowdowns, rising competition, and geopolitical tensions, currently trading around $5. While its vehicle margins have stabilized and deliveries increased in 2024, the company remains unprofitable yet heavily subsidized by the Chinese government. Analysts suggest it may be wise to hold existing shares, while new investors might consider gradually buying in as positive news could boost the stock's value.
Source: YAHOO