Nio Is Making Big Moves, but Is the Stock a Buy Now?

It's been a bit of a roller coaster for early investors of the electric vehicle (EV) industry. There have been lofty goals to catch Tesla and harsh realities of the cash crunch that come with manufacturing low volume and expensive EVs.That said, the temptation of buying into a successful EV maker early is enticing, and if you are considering an investment in the Chinese electric vehicle (EV) maker Nio (NIO 1.57%), then last week brought two intriguing developments. Let's dig in.Cash infusionLet's start with ...