NIO Stock: Nothing Is Over

Andy Feng My Thesis I initiated coverage of NIO Inc (NYSE:NIO) in mid-January 2024, about 3 months ago, with a "Buy" rating - in that time the stock has fallen a whopping 31%, while the S&P 500 Index (SP500) (SPY) has risen 9%:   Seeking Alpha, Oakoff's NIO article It seems like one of the major risks for the company actually played out during this time: the intense competition in the EV space pushed the company to adjust its sales guidance downward recently.   Seeking Alpha News Considering NIO's curre ...