Why NIO Could Double Its Valuation

NIO (NYSE: NIO ) reported slightly better than expected earnings results for the third fiscal quarter on Wednesday that showed record quarterly deliveries and an improving vehicle margin trend. The EV maker also announced that it is seeing strongAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NIO, LI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...