Is Nio Stock Worth The Risk At $4?

The Nio logo is seen above the Nio stand at the Beijing Auto Show in Beijing on May 3, 2024. (Photo ... [+] by GREG BAKER / AFP) (Photo by GREG BAKER/AFP via Getty Images)AFP via Getty ImagesChinese luxury electric vehicle maker Nio stock, has declined by about 55% year-to-date. This compares to rival Xpeng stock which is down by 46% over the same period. Nio posted a relatively strong set of monthly deliveries in July, shipping 20,498 vehicles, roughly flat versus last year, and down by about 3% sequential ...