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The 5 Biggest Buyers of Nio (NIO) Stock
NIONIO(NIO) InvestorPlace·2024-03-22 16:10

Shares of Nio (NYSE:NIO) stock are in the red today following a concerning report about Tesla’s (NASDAQ:TSLA) Chinese production.According to Bloomberg, Tesla notified employees at its Shanghai Gigafactory to work five days a week instead of the normal 6.5 days. The plant produces the Model 3 and Y. Meanwhile, the plant’s schedule of two 11.5-hour shifts per day remained unchanged.Production lines, such as battery workshops, could see limitations for an extended period of time. These production limits are e ...