Nio (NIO) is a Chinese multinational automobile manufacturer often dubbed the Tesla (TSLA) of China. The Shanghai-based electric car company has been on investors' radars for a while now. Nio's shares are up 58.7% over the last year alone, but don't get too excited yet. There are still some risks to consider before you invest your hard-earned money into this innovative startup. Investors are still on edge about this company's prospects, which is why the stock took a dip recently. Principally, there are fears surrounding potential regulatory activity and supply chain disruptions. I am bullish on the stock. There are other factors at play as well.
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NIO (NYSE:NIO)
Historical Stock Chart
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NIO (NYSE:NIO)
Historical Stock Chart
From Nov 2020 to Nov 2021 Click Here for more NIO Charts.