Tough times ahead for Nio unless Chinese government provides the subsidy for EV cars. The decreasing export volume to Europe is definitely putting a lot of pressure on the volume. Tesla is benefiting from the pushback from EU countries. I am still a believer of Tesla and await for the good news on Cybertruck production in order for the share price to climb back towards $200 mark. Good luck, Tigers investors.
Nio Just Cut Delivery Estimates. Is It Time to Sell the Stock?
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