Jun. 6 at 3:16 AM
$NIO It’s unfortunate that NIO did not benefit at all from one of the most ridiculously bubble driven bull markets. In addition, you have companies such as
$BYDDY , Li Auto, Xpeng, all negative in YoY growth, meanwhile NIO gains 112% YoY gain.
I’m uncertain NIO will continue with acceptable stock performance with market corrections such as today even with positive earnings when compared to US companies such as if
$LCID or
$RIVN were to achieve the same. There is quite frankly not a better car company in my opinion, to purchase at this time.