Evaluating Nio Stock's Actual Performance

Core Viewpoint - Nio's stock has experienced significant volatility, with a notable surge of over 120% from July to October 2025, but long-term investors have faced substantial losses [1][3]. Performance Summary 1-Year Performance - Nio's shares have fluctuated greatly, initially down nearly 30% from December 1, 2024, but rebounding to a 76% increase by early October 2025. Currently, the stock is up 15.7% from a year ago, outperforming the S&P 500's 12.9% return [3][4]. 3-Year Performance - An investment made on December 1, 2022, would have resulted in a 59.4% loss, with shares down 40% even at their peak in 2025. This underperformance is stark compared to the S&P 500, which has risen 67% over the same period, leading to a 126.6 percentage point underperformance for Nio [5][4]. 5-Year Performance - For investors who purchased shares on December 1, 2020, the return has been a staggering negative 89.7%. In contrast, the S&P 500 has gained 88.1%, resulting in a 177.8 percentage point underperformance for Nio investors over five years [7][8]. Company Challenges - Nio has struggled to achieve profitability and expand its market presence both domestically and internationally, contributing to its perception as a risky and speculative investment [9].