NIO Stock Reality Check: The Case for Caution in a Volatile EV Market

In a fiercely competitive arena, Nio (NYSE:NIO) has actually been a pick of mine in the past. The company’s growth potential, in the highly coveted Chinese EV market, remains compelling for long-term investors. There are various demographic and secular tailwinds supporting the company, though Chinese growth concerns have eaten into much of that argument.Additionally, I’ve grown more bullish on the company’s key competitors, BYD Co. (OTCMKTS:BYDDF) and Li Auto (NASDAQ:LI), on a relative basis. BYD’s Q4 2023 ...