Nio stock analysis: Buy, Sell, or Hold in 2024?

February 2024 saw a respite for the struggling electric vehicle (EV) market and a limited recovery, which was, surprisingly given its 2023 performance, spearheaded by Lucid Motors (NASDAQ: LCID), whose stock rose significantly in the wake of several positive developments and major partnerships.Despite the recovery, most EV stocks have again started struggling in the second half of the month and few so much as the Chinese vehicle maker, Nio Inc. (NYSE: NIO). Indeed, Nio could neither benefit from longer-term ...