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NIO Stock Analysis: A High-Octane Gamble or Smart Speculative Play?
NIONIO(NIO) InvestorPlace·2024-02-05 21:06

Let’s be real. Chinese automaker Nio (NYSE:NIO) is not the biggest nor even the best electric vehicle (EV) company or stock on the market. It ranks ninth in market share in China, third-quarter car sales disappointed, and it’s relying upon government cash infusions to keep driving forward. Yet it’s not a complete disaster either. While I wouldn’t be backing up the truck here, a NIO stock analysis indicates risk-tolerant investors should keep an open mind.Nio’s sales are growing, albeit at a slower-than-hope ...