Should You Buy Nio Stock While It's Below Its IPO Price?

Motley Fool11-18

Nio’s stock has plunged more than 90% from its all-time high.It trades at less than 1 times this year’s sales.Its deliveries are accelerating again as it overcomes its challenges.Nio, a Chinese maker ...

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Comments

  • The Knight
    11-19 08:46
    The Knight
    It's time to reload Nio once again. I am sure that       China government will have a big involvement to      provide EV incentive in coming years ahead. They are not interested in the Hybrid version of car as      key players like BYD, Xpeng, Li Auto and Nio focus their efforts on EV cars. If you move around the       major cities with shopping malls, you can see lots of charging station as the local government ramp     up the adoption of EV in coming years ahead. It's a matter of time within 5 years, the car population in China may be around 50 percent or more. No one  wants to miss out on the incentive and whoever      has equipped with swap station may be ultimate       Winners. Nio
    • gogoooCn: 

      Bro r u still holding? Not very good er ah.., alas

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