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2021-12-31

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NIO Stock: 2 Things to Know as the Short-Squeeze EV Play Makes Bears Cringe Today

What a week it’s been for Chinese electric vehicle (EV) companyNio(NYSE:NIO). Indeed, NIO stock opened the week around $30 per share, promptly sold off to around $27.50 yesterday, and has since risen

NIO Stock: 2 Things to Know as the Short-Squeeze EV Play Makes Bears Cringe Today

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However, two key catalysts are among the factors supporting NIO stock in bull markets.</p><p>First of all, it’s a China-based company, so that in and of itself provides a unique geopolitical risk for investors. Investors may be concerned about the regulatory backdrop for the EV sector, which appears to be less than friendly. Right now, most investors seem to think this geopolitical risk is lower with a company like Nio, given its stature as the “golden child” of the EV sector in China. Accordingly, whether this is positive or negative is up for interpretation.</p><p>Secondly, Nio has become more aggressive in many key areas. The company’s international expansion plans have certainly picked up steam. Nio has also launched next-generation vehicles that could compete with top dogs such as <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>). 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Indeed, NIO stock opened the week around $30 per share, promptly sold off to around $27.50 yesterday, and has since risen...</p>\n\n<a href=\"https://investorplace.com/2021/12/nio-stock-2-things-to-know-as-the-short-squeeze-ev-play-makes-bears-cringe-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/12/nio-stock-2-things-to-know-as-the-short-squeeze-ev-play-makes-bears-cringe-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118989102","content_text":"What a week it’s been for Chinese electric vehicle (EV) company Nio(NYSE:NIO). 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