From EV Darling to Sub-$5 Stock, What's Next for NIO Investors?

Chinese EV manufacturer Nio (NYSE:NIO) has certainly been on a downtrend over the past year. On a year-to-date basis alone, NIO stock has lost nearly 50% of its value, making this among the worst-performing EV stocks most investors are watching closely right now. Of course, there are a range of reasons this is the case. Macro headwinds tied to rising interest rates around the world and slowing demand (even in China) along with price-cutting pressures (and some rising input costs) have put pressure on margin ...