How Nio Stock Can Surge To $10

A pedestrian passes an NIO store in Shanghai, China, on November 4, 2024. (Photo by ... [+] Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesChinese luxury electric vehicle maker Nio stock reported deliveries of 20,976 vehicles for October, roughly flat versus September and up 30% year-over-year. Deliveries for the first 10 months of the year came in at 170,257 vehicles, up 35% versus last year. Nio’s delivery performance was better than rivals. For perspective, Xpeng delivered 23,917 vehicles fo ...