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Jim Cramer Says NIO “Probably Goes to $10, Then You Have to Sell It”
Yahoo Finance· 2025-10-22 12:56
Company Overview - NIO Inc. designs, manufactures, and sells smart electric SUVs and sedans, providing battery-swapping solutions and energy services, while also developing electric powertrains and related components [1]. Recent Performance - In September, NIO delivered 34,749 vehicles, marking a 64.1% increase year-over-year [2]. - For the quarter ending September 2025, NIO delivered 87,071 vehicles, representing a nearly 41% year-over-year increase [2]. - As of September 30, cumulative deliveries reached 872,785 vehicles [2]. Market Sentiment - Jim Cramer expressed skepticism about NIO's stock potential, suggesting it might drop to $10, indicating a need to sell at that point [1]. - Cramer previously indicated that the market is flooded and suggested there are better investment opportunities than NIO [2].