Write For Us

Is Nio Stock (Tesla Of China) Done? Will Nio Go Bankrupt?

E-Commerce Solutions SEO Solutions Marketing Solutions
170 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Today we have a chat about Nio stock. The Nio IPO was a little over a year ago and we covered it on the channel. At that time Nio stock was like $12 a share or so. Today Nio stock is under $2 a share. Nio the electric vehicle maker has been an absolute joke up to this point.
Nio is losing nearly a half a billion dollars every 3 months. On top of that they have had major recalls and Nio revenue just decreased 8%. The electric vehicle market in China is huge and will get bigger. Tesla will be a major player for EVs in China, but not the only player. Nio has an opportunity to be a major player in electric vehicles in China, but will need to raise billions of dollars in future years.
*Link to join my private stock group
Free PDF for the top 5 stock market apps and websites I use daily!
Becoming Master of the Stock Market full course
*My Instagram is : FinancialEducationJeremy
Financial Education
Category
Business
Sign in or sign up to post comments.
Be the first to comment