NIO - NIO Inc.

NYSE - NYSE Delayed Price. Currency in USD
-0.1000 (-3.97%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close2.5200
Bid2.4200 x 40700
Ask2.4400 x 45100
Day's Range2.3500 - 2.4500
52 Week Range2.3500 - 13.8000
Avg. Volume30,499,166
Market Cap2.483B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-44.1020
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est6.05
Trade prices are not sourced from all markets
  • China’s Car Sales Aren’t Just Falling Anymore, They’re Crumbling
    Market Realist3 days ago

    China’s Car Sales Aren’t Just Falling Anymore, They’re Crumbling

    Car sales in China, the world’s biggest automotive market, fell year-over-year in 2018 for the first time in more than two decades. Automotive sales have contracted in China for 11 consecutive months now. The slowdown only seems to be deepening, and last month, China’s car sales fell a whopping 16.4%.

  • 3 Top Value Stocks to Buy in June
    Motley Fool3 days ago

    3 Top Value Stocks to Buy in June

    With rising stock market volatility, investors have a chance to scoop up intriguing value stocks this summer.

  • Hedge Funds Have Never Been This Bullish On NIO Inc. (NIO)
    Insider Monkey4 days ago

    Hedge Funds Have Never Been This Bullish On NIO Inc. (NIO)

    Does NIO Inc. (NYSE:NIO) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend to […]

  • Business Wire7 days ago

    Robbins Arroyo LLP: NIO Inc. (NIO) Sued for Securities Violations

    Shareholder rights law firm Robbins Arroyo LLP informs investors that a shareholder has filed a complaint against NIO Inc. for alleged violations of the Securities and Exchange Act of 1933 based on alleged misrepresentations related to the company's September 2018 initial public offering .

  • Tesla Stock Will “Serve” Shareholders Well … For a Limited Time
    InvestorPlace7 days ago

    Tesla Stock Will “Serve” Shareholders Well … For a Limited Time

    In the classic Twilight Zone episode To Serve Man, space aliens descend upon earth, bringing with them advanced technologies. With worldwide prosperity achieved thanks to these extraterrestrial innovations, sovereign states destroyed all their weaponry. The aliens earned the earthlings' trust through their book entitled, "To Serve Man." Similarly, a genius named Elon Musk gave investors Tesla (NASDAQ:TSLA) and TSLA stock.Source: Shutterstock Like the fictional aliens, Musk gave consumers something they've never seen before. In our case, it was electric vehicles that didn't stink. Previous electric or hybrid vehicles appealed only to drivers who were strictly focused on technical statistics and efficiencies. They certainly didn't appeal to customers who wanted to look good in their new rides.When it broke out, TSLA was like a breath of fresh air. The company first rolled out an EV roadster, then sedans and SUVs. They were -- and still are -- sleek and sexy machines. It's no wonder Tesla stock jumped the way it did a few years back.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut like the Twilight Zone episode, not everything was well. When the aliens offered the earthlings apparently free travel to their homeland, people jumped on the opportunity en masse. There finally was a way for humans to break out of their mold. * 10 Stocks to Buy That Could Be Takeover Targets There was just one problem: "To Serve Man" was a cookbook!Of course, I'm not suggesting that Elon Musk is a cannibal: he's high but he's not that high. But he committed a similar action. Tesla EVs are gorgeous cars that perform well under the right circumstances. But in anything less than an ideal environment, EVs quickly lose their appeal.And I believe now that this vulnerability will undermine TSLA stock. The Core Product for TSLA Stock Is Fundamentally FlawedPrior to Musk ensnaring himself in unnecessary troubles and controversies, I was bullish on Tesla stock. Sure, the company has always had its critics who frequently complained about rising debt and that awful cash burn. But eventually, I thought that the power of the TSLA brand -- specifically, its EVs and innovative technologies -- would right the ship.Frankly, I was wrong. EVs, whether from Tesla, Toyota (NYSE:TM) or General Motors (NYSE:GM), won't work, at least for some time. They're inherently flawed, only truly serving the interests of the wealthy and geographically privileged. Living in San Diego, I was naturally fixated on the tree and not on the raging forest fire.Whether you want to buy TSLA stock or a Tesla car, you desperately need to know something: EVs only perform to advertised specs in ideal conditions. If temperatures hit either hot or cold extremes, your battery capacity (and thus, your range) will drop considerably.During last winter's unusual chill, EV owners reported a 50% reduction in range.That's not a statistic you should take lightly. How would you feel if your car's gas mileage absorbed a 50% haircut because it was raining outside? This is exactly the reason why I'm avoiding Chinese EV-maker Nio (NYSE:NIO).But the worst part is that nothing economically practical in the nearer term can be done about this issue. When EVs drive in hot weather, their range also declines, especially if the driver cranks up the air conditioning. That's because the EV battery must provide all the primary and secondary power needs.Eventually, Tesla will figure out this problem and improve efficiencies, perhaps with solid-state batteries. But such innovations will take time, a luxury that TSLA stock does not have. Dependency on Mass Appeal Hurts Tesla StockRange Rovers and Maseratis are among the most beautiful cars on the road. They're also some of the least-reliable offerings. Yet they remain desirable because of their consumer base. Essentially, the people who buy such cars can also afford their problems.I probably wouldn't be that alarmed if Tesla stock was levered strictly to their original customer profile: rich yuppies. A recent academic study pointed out that the average EV owner has a household income of $140,000. These are folks that don't care about capacity reduction because they probably don't drive that much. And they probably live in a southern Californian paradise. * 7 Dark Horse Stocks Winning the Race in 2019 But Tesla isn't in the business to move Maseratis. They made a huge deal about the Model 3, their affordable EV for the masses. Thus, the TSLA stock price moved on rumors and news about Model 3 production stats.Here's my question: What happens to those new owners who didn't anticipate the EV platform's quirks and issues? After all, not everyone lives in southern California. Certainly, not everyone makes $140,000 a year.And while Tesla and other EV makers crank away at these issues, the old internal-combustion engine is still making strides. I'll bet that many disappointed Model 3 owners will revert to traditional cars. When that happens, it might be lights out for TSLA stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding Compare Brokers The post Tesla Stock Will a€œServea€ Shareholders Well … For a Limited Time appeared first on InvestorPlace.

  • Nio Stock Price Could Hit Zero
    InvestorPlace10 days ago

    Nio Stock Price Could Hit Zero

    When Nio (NYSE:NIO) went public last year, it had an intriguing story. By buying Nio stock, investors were able to purchase a piece of "the Tesla (NASDAQ:TSLA) of China". Given that the NIO stock price implied a valuation a fraction of that of Tesla, while the Chinese electric vehicle market was, and could be, far larger than America's, Nio stock looked attractive.Source: Shutterstock The problem at the moment is twofold. First, as I wrote last month, that story wasn't entirely accurate. Like other supposed U.S.-China :twins" - Alibaba (NYSE:BABA) and (NASDAQ:AMZN), along with iQiyi (NASDAQ:IQ) and Netflix (NASDAQ:NFLX) - the difference between NIO and TSLA outweigh their similarities. Secondly, even using that story as a shortcut to understanding Nio, neither side of the story looks attractive. Tesla stock has dropped 50%. And investors again are fleeing from Chinese equities. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% In the case of Nio stock, the decision to run looks wise. The Nio stock price, currently below $3, might seem cheap, but it isn't. And the company has very real difficulties ahead. These problems can get a lot worse, and they could eventually cause the owners of Nio stock to get wiped out. Nio's Earnings Show the Shares Can Reach ZeroNio stock clearly is a long-term play. The company is barely past the start-up stage; it only started delivering vehicles less than a year ago. In that context, it might seem unwise to overreact to a single quarter or to short-term headwinds.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the company's recent struggles, which are expected to extend into at least the second quarter, highlight its broader, longer-term risk. Its deliveries in Q1, at just under 4,000, were down nearly 50% from the previous quarter. As management explained in the Q1 earnings release, the decline of Nio stock price was caused by lower subsidies, a slowing economy in China, increased competition, and the impact of the Chinese New Year.Except for New Year-related seasonality, which of those negative, catalysts will ease? In the current quarter, the company expects "an even more challenging sales environment," as CFO Louis Hsieh put it. "Competition continues to accelerate," he added.These aren't single-quarter problems. And that is a big problem for NIO. What Changes?The negative factors that are weighing on the automaker's Q1 and Q2 results are unlikely to change. Subsidies are slated to be phased out at the end of next year. That's a notable problem for Nio, which targets the high end of the market. Tesla has struggled this year because of the decline of its subsidies in the U.S. market. It's not clear why Nio's experience in China should be much different. Higher effective prices generally lead to lower demand.Macroeconomic worries could persist for some time in China. Observers have been waiting for the Chinese economy to cool for years. The trade war shows no sign of ending any time soon. And so NIO will lose subsidies that lower the retail cost of its vehicles just when a higher number of Chinese consumers will likely become more price-conscious.But competition is the real issue at this point, and that's the major difference between Tesla and Nio. Tesla, at least, had the U.S. electric-vehicle market to itself. Indeed, the company gets credit (and deservedly so) for helping to ignite the race to develop new electric vehicles.NIO is not close to having the market to itself in China. The country's largest EV manufacturer is Beijing Electric Vehicle Co., which delivered 158,000 cars in 2018. Nio is on pace for something like 20,000 this year. In fact, Nio's market share is minuscule, and that's before Tesla arrives in China later this year or in 2020.NIO's deliveries already are plunging amid factors that could persist for some time. It's hard to see that as anything other than bearish for NIO stock, even at its lows. How Nio Stock Price Can Sink to ZeroAdding to the pressure, Nio doesn't even manufacture its own vehicles ; it outsources production. However, its gross margin was negative in Q1, and the company posted an adjusted operating loss of roughly $360 million.The company does have over $1 billion in cash, but that may not last more than a couple of quarters. NIO also has $1.35 billion of debt, meaning that even if it eventually licenses or sells its technology to stay afloat, equity holders likely would wind up being wiped out.Nio isn't necessarily going bankrupt in three quarters or even three years. But it does not have unlimited time. It's unlikely to be able to borrow much, given its meager asset base. Selling additional Nio stock will be difficult and would send Nio stock price even lower.It NIO reports another quarter or two like Q1, investors will start questioning the company's sustainability. Yet, in that time, Nio has to start beating its rivals and begin narrowing its losses quickly. The company has a new model on the way, but it's been delayed. And if China's economy slows further, demand is going to fall sharply for its current vehicle and its upcoming vehicle.It might seem like these risks are priced into Nio stock. With a market capitalization of $3 billion, however, that's a tough case to make. NIO stock price still can fall 100%. Even those looking to time the bottom, or those who still believe in the company's long-term opportunity, need to keep that in mind.As of this writing, Vince Martin has a hedged bearish option position in TSLA. He has no positions in any other securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post Nio Stock Price Could Hit Zero appeared first on InvestorPlace.

  • Tesla Stock May Have Found A Bottom But It’s Still In Trouble
    InvestorPlace10 days ago

    Tesla Stock May Have Found A Bottom But It’s Still In Trouble

    Tesla (NASDAQ:TSLA) shares seem to have found a bottom. Tesla stock had lost half its value -- and touched its lowest levels in almost two and a half years. But after reaching $177, TSLA stock has rallied by more than 15%.Source: Shutterstock The catalyst seems to be better-than-expected sales for the month of May, at least as reported by InsideEVs. The sale of emissions credits to General Motors (NYSE:GM) and Fiat Chrysler (NYSE:FCAU) seems to have helped as well. With Tesla stock much cheaper, buyers have stepped in.In the context of TSLA's plunge, that perhaps makes some sense. But two pieces of good news don't change the larger problems for Tesla … and seem unlikely to permanently change the broader trajectory of Tesla stock. I've been a TSLA bear for some time, and continue to hold a bearish options position on the shares. Recent developments have hardly changed my mind, and even investors who see TSLA stock differently should remember that many problems remain.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Death Spiral DebunkedWhen it comes the Model 3, the estimate from InsideEVs looks like very good news. The website estimated deliveries of nearly 14,000 Model 3 units. That's a notable increase from a little over 10,000 in April -- and more than double the year-prior figure of 6,250.The growth -- for now -- seems to contradict bearish claims that Tesla was entering a death spiral, or struggling with plunging demand after burning through Model 3 reservations. Demand seemingly isn't exhausted. * 6 Big Dividend Stocks to Buy as Yields Plunge That said, the numbers still house some concerns, notably for the Model S and the Model X. On the Q1 conference call, CEO Elon Musk had projected a return to annualized demand for the S and X of 100,000 units. InsideEVs estimated U,S, deliveries for May of just 2,400, a rate under 30,000 a year. Europe can help that number but registration data in key Tesla markets suggest those models are struggling on the Continent as well.May numbers might be better than those of April but they're not good enough. The bear thesis here has been that the Model 3 would eat into Model X and Model S sales, something that's playing out to some extent. Given that the Model 3 is lower-priced, the shift away from X and S sales will have a negative impact on margins and potentially put Tesla's ongoing profitability at risk. Model 3 Isn't Enough for TSLA StockModel S and Model X weakness goes to the broad issue with TSLA stock, even near the lows. The Model 3 isn't enough. This still is a company with a $35+ billion market capitalization. It's still trading at 1.62x revenue in an industry where nearly every other rival trades at much less than 1x.The Model 3 -- by Musk's own admission, in his "master plan, part deux" -- isn't enough to support that valuation. Profits aren't big enough. Capital needs, now and going forward, aren't enough. Rather, the Model 3 is supposed to be the base for Tesla's additional efforts to revolutionize automobiles and the energy industry.Investors have good reason for their increasing skepticism about those other efforts. Musk's announcement of "robotaxis" eventually worth $250,000 each was met with disbelief. The same largely goes for his predictions of full self-driving vehicles by next year. Musk, in particular, seems to have finally broken too many promises.There's another problem, too: Tesla's capital spending. It continues to fall, which raises the question of what, exactly, the company is doing to prepare for the many new products offered. Musk insists the Tesla Semi will arrive next year -- but there's nowhere, at the moment, to actually build it. The Model Y will be built in Fremont, and take up the rest of the space there, as Musk discussed after Q1.The China gigafactory is making quick progress but is being built in the middle of a trade war that is driving anti-American sentiment. Competition from Nio (NYSE:NIO) and myriad other in-country EVs gives Chinese consumers plenty of options. * The 10 Best Stocks for 2019 -- So Far And the energy business is in clear disarray, with revenues plunging and the solar roof nowhere to be found. Tesla Stock Has More DownsideUnlike some bears, I don't believe Tesla is heading for Chapter 11. The company may need to raise more capital, as it did earlier this year. But it's likely it could sell itself if execution doesn't improve, a recession hits, or growth disappoints. There's value in the Tesla business.But I continue to believe that that value is not nearly $50 billion (including its debt), or close. In other words, TSLA stock is badly overpriced. At 30x+ 2020 EPS estimates, for an automotive manufacturer, is a huge multiple. (GM and Ford (NYSE:F) are valued at 5.6 and 12.6, respectively.) Musk has proven to be an exceedingly poor manager, and an exodus of executives leaves little proven talent there to guide him.The solar business is a mess. Tesla very well could have to dilute its shareholders again in the next 24 months. And there's the cyclical risk that affects not just TSLA stock, but the equity of every auto manufacturer.May numbers -- even if correct -- don't dispute that thesis. In fact, the Model S and X numbers might even strengthen it. Model 3 growth is helpful - but it's not enough. Tesla stock can, and should, start falling again.As of this writing, Vince Martin owns a hedged, bearish put option position in TSLA. He has no positions in any other securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding Compare Brokers The post Tesla Stock May Have Found A Bottom But It's Still In Trouble appeared first on InvestorPlace.

  • NIO Continues Its Slide: Here's Why It Dropped on Thursday
    Motley Fool11 days ago

    NIO Continues Its Slide: Here's Why It Dropped on Thursday

    The Chinese electric-car maker's recent results, a joint venture many are calling a government bailout, and cuts to its international presence have sent investors to the sidelines.

  • Reuters11 days ago

    Warburg Pincus nearing close of $4.3 bln China-Southeast Asia fund - sources

    Warburg Pincus LLC is nearing the final close of an at least $4.25 billion private equity fund focusing on Chinese and Southeast Asian investments, people with direct knowledge of the matter told Reuters. The final amount available for investment could exceed $4.3 billion with additional capital from Warburg Pincus itself, the people said, declining to be named as they were not authorised to speak to the media. Warburg Pincus is expected to formally announce the closing of the fundraising as early as this month, the people said.

  • Nio Stock: A Chinese Company Comes Home
    InvestorPlace12 days ago

    Nio Stock: A Chinese Company Comes Home

    Editor's Note: This article was corrected on June 5, 2019, to correctly specify which office will be closing.Nio (NYSE:NIO), billed as a Chinese version of Tesla (NASDAQ:TSLA), is doing something Tesla can't do -- going under the protection of its government.Source: Shutterstock A new joint venture called Nio China amounts to a government bailout, with $1.45 billion being funneled into a manufacturing relationship between Nio and state automaker GAC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe joint venture was announced as Nio delivered a supremely disappointing first quarter. Unaudited figures showed sales cut in half from the previous quarter, and even those had a negative margin. The company lost $395 million, 38 cents per share, on sales of $243 million. It delivered 3,989 of its ES8 vehicles.The shares have now lost half their value during the year and opened for trade today at $3.07, a market cap of around $3 billion. A Chinese ModelSome U.S. investors found the company's conference call hard to follow. What Americans may have focused on was CFO Louis Hsieh's speculation about ES8 sales being cannibalized by a new model, the ES6, announced during the most recent quarter. This is a sporty and less-expensive sport utility vehicle in contrast to the ES8 sedan. * The 10 Best Stocks for 2019 -- So Far The real news is that China's government isn't going to let Nio fail. China remains dedicated to an electric car future, despite Nio's failure to achieve its ambitions so far. To that end, Nio is closing its San Francisco office. The company is downsizing its efforts even in its home market, opening "pop-up" Nio Houses instead of the elaborate clubhouses it had been offering in major cities.Nio is far from China's only bet on electric vehicles, although it was the only one to list in the U.S. market and focus on the luxury segment. The government still sees value in Nio's patents, like one to charge vehicles more quickly at a high voltage and one to make batteries last longer.Government-controlled electric car firms have several joint ventures, including with Volkswagen (OTCMKTS:VLKAY). Warren Buffett, through Berkshire Hathaway (NYSE:BRK.A) bought one-quarter of BYD (OTCMKTS:BYDDF), now the largest Chinese electric car maker, a decade ago when BYD was still just a battery business. BYD (it stands for Build Your Dreams) is now the largest Chinese electric car maker with a full line of products and reported a strong first quarter.Chinese industrial policy is often described by outsiders as "communist," but according to Joe Studwell in How Asia Works, it has much in common with South Korea. China subsidizes many companies in cutting-edge technology and maintains support for those that win export markets. U.S. policy, by contrast, is to pass state-funded science to the market and then leave things alone.China is now in the process of winnowing out losers, steadily reducing subsidies for electric cars. Nio's fourth quarter was a rush to beat a subsidy cut, and another cut is scheduled to take place in June. The Bottom LineAmerican investors made a mistake in assuming that because Nio was playing in the U.S. stock market and had dreams like those of Tesla, that it was a Chinese Tesla. It was always more Chinese than Tesla.In conventional terms, analysts are correct to downgrade Nio and consider it dead money. In Chinese terms, Nio has made good progress on both the technical and marketing fronts, progress from which the Chinese auto sector can benefit. The fate of Americans' stock investments matters less than proving China can develop and sell a high-end electric.China remains committed to electric cars. Anyone who has tried to breath in Shanghai or Beijing understands why.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Retailers Including Disney Agree to Ditch On-Call Scheduling * The 10 Best Stocks for 2019 -- So Far * 7 Small-Cap ETFs to Buy Now Compare Brokers The post Nio Stock: A Chinese Company Comes Home appeared first on InvestorPlace.

  • Benzinga13 days ago

    Nio Trades Higher After Releasing May Deliveries

    Chinese electric vehicle maker Nio Inc (NYSE: NIO) reported 1,089 ES8s were delivered in May, and a total of 2,213 vehicles delivered through the first two months of the second quarter. As of May 31, deliveries of the Nio ES8 electric SUV, reached 17,550 total vehicles. "In light of the challenging macroeconomic and Chinese auto market backdrop, our team has been working to deepen our market penetration and expand our channels.

  • GlobeNewswire13 days ago

    NIO Inc. Provides May 2019 Monthly Delivery Update

    NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today provided its May 2019 delivery results. “In light of the challenging macroeconomic and Chinese auto market backdrop, our team has been working to deepen our market penetration and expand our channels.

  • Unproven EV Market Threatens to Sink Nio Stock to Zero
    InvestorPlace13 days ago

    Unproven EV Market Threatens to Sink Nio Stock to Zero

    InvestorPlace readers may know that I'm not the biggest fan of Chinese stocks. Although in certain cases this segment provides upside, more often than not, the longer-term picture remains questionable. Such is the case with Chinese electric-vehicle manufacturer Nio (NYSE:NIO). Within a half-year period, NIO stock rudely transitioned from Wall Street heartthrob to persona non grata.Source: Shutterstock Earlier this year, I took a negative view on NIO, juxtaposing its introduction with the now-defunct DeLorean Motor Company. Both companies produced visually stunning cars designed to appeal to the mass consumer market. However, both upstarts suffered credibility issues that eventually reached the bottom line. Things got so bad for DeLorean that the brand and the man behind it fell ignominiously from grace. At least his car was immortalized by Hollywood. * 7 Stocks to Buy for Monster Growth Admittedly, that sounds like a "click-baity" thing to say. As our own Tom Taulli mentioned, China enjoys the largest EV market in the world. Plus, this segment has grown impressively in recent years.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYet Taulli remains cautious on Nio stock for good reason: mere size doesn't directly translate to higher performance. Otherwise, Michigan would always win the national championship.Put another way, NIO isn't taking advantage of its home market. Since June 2018, the company sold 15,000 units of its flagship ES8 SUV, according to Quartz contributor Echo Huang. However, that's only 1% of China's EV sales. Seems like NIO has lost the EV roadmap.So while EV may be robust in China, NIO isn't eating much of that pie. That hurts the longer-term outlook for the Nio stock price. But another factor, science, can kill it. EVs Are the Future … of the FutureWhen you watch as much YouTube as I do, you come across some conspiracy theories. One of my favorites is this: J.P. Morgan -- the man, not the bank -- secretly knew that EVs were inherently superior to steam and fossil-fuel alternatives. However, he wanted to profit from the scarcity fear. Thus was born the petroleum-fueled cars we mostly enjoy today.But like most conspiracies, sound and reasonable explanations exist, too. In this case, the combustion engine probably won out because it was the most effective platform in most circumstances. Subsequently, this is a history lesson that might sting the Nio stock price.I say that because it's already hurting Tesla (NASDAQ:TSLA). Back when I was bullish on TSLA, I praised the company for developing great-looking cars that ran on electricity. On the other hand, Toyota's (NYSE:TM) Prius is just sad.But that's just one superficial component that Tesla addressed. It's most important contribution to EVs is range. That assuaged consumer fears and many jumped on board.However, these same drivers are coming across another underappreciated problem. You see, EV batteries have tight thermal tolerances for peak performance, typically between 60 to 80 degrees; in other words, San Diego weather.For you poor souls who don't live in San Diego, you're going to suffer inefficient batteries that take longer to charge during the winter. In some states, that means your Tesla will be somewhat useless for a quarter of the year.Tesla owners are finding this and other temperature-related inconveniences out the hard way. So, too, will NIO owners, and that's why I'm not big on NIO stock.Bear in mind that many parts of China experience bitterly cold winters. Once word spreads about EV inefficiencies, the negativity will cut the practical market for NIO stock. Cost Structure Doesn't Work for Nio StockTesla and EV bulls will counter my pessimism, stating that scientists are working on longer-term solutions for temperature-sensitive batteries. Right now, serious research is occurring to develop solid-state batteries. These don't have liquid inside, so they're much more adaptable to outside conditions.Great. We still have two problems. First, this research is very much laboratory research. Therefore, we might have to wait a decade before companies implement them in the automotive market. Second, and more importantly, how much will a solid-state battery going to cost? * 7 Bank Stocks to Leave in the Vault I'm no expert but I'm guessing quite a bit. This segues into the terrible financial situation for NIO. The company is stretched widely, essentially requiring a government bailout. Still, here's the ugly reality. Even if NIO fixed their internal dilemmas, they must address scientific challenges.As things currently stand, EVs are desirable prima donnas. They save the environment, but they're expensive and inconsistent anywhere but San Diego. Obviously, NIO can eventually address this challenge with solid-state batteries. But then they have to raise the price of their cars and kill margins which are already on life support.To sum up, NIO stock has internal and industrial headwinds. We haven't even talked about the damage to China that the trade war will inflict. From all angles, this just looks like a losing bet.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Monster Growth * Ranking the Top 10 Stock Buybacks of Last Year * 5 Stocks Under $10 With Big Upside Potential Compare Brokers The post Unproven EV Market Threatens to Sink Nio Stock to Zero appeared first on InvestorPlace.

  • MarketWatch14 days ago

    Nio's stock extends selloff toward record low on heavy volume

    Shares of Nio Inc. sank 6.6% toward a record low in very active midday trade, extending the sharp losses suffered last week, as investors expressed concerns about weak orders and competition from rival electric-car maker Telsa Inc. . Trading volume swelled to 33.0 million shares, enough to make it the NYSE's most active stock. The stock plunged 21% last week 37% in May. Meanwhile, Tesla shares shed 2.0% toward a 2 1/2-year low, after falling 2.9% last week for a fourth-straight weekly loss, as a 22.4% tumble in May. In comparison, the S&P 500 fell 0.3% Monday after losing 2.6% last week and 6.6% last month.

  • Benzinga15 days ago

    Bulls & Bears Of The Week: Apple, Nio, Snap, Uber And More

    Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included two recent high-profile IPOs and a financial giant. Bearish calls included the iPhone maker, ...

  • Could a New Car Launch Save Struggling Nio Stock?
    InvestorPlace17 days ago

    Could a New Car Launch Save Struggling Nio Stock?

    Shares of Chinese electric vehicle (EV) manufacturer NIO (NYSE:NIO) have been under serious pressure for most of 2019. Early in the year, NIO stock got a huge bump from favorable coverage in a "60 Minutes" special.Source: Shutterstock That rally was ultimately short-circuited by an announcement from management that early 2019 deliveries were trending below late-2018 levels amid a slowdown of China's auto sector. NIO's delivery volumes have remained depressed ever since, and Nio stock price has sputtered from above $10 earlier this year to just above $3 today. * 7 Stocks to Buy for Monster Growth But there's reason to believe a turnaround may be in the cards for Nio stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe bull thesis on Nio stock goes something like this: NIO's early 2019 delivery numbers have been weak, mostly because the China auto market has been weak. But if trade tensions between the U.S. and China deescalate, China's economic conditions and consumer sentiment will improve. That will re-accelerate the growth of China's auto market, resulting in strong delivery numbers for NIO.Further, NIO is slated to launch a new car (the ES6) in June. If this launch happens at the same time that China's auto market starts to pick back up, then NIO's delivery volumes in the second half of 2019 could benefit from a double tailwind.A huge boost in delivery volumes in the back half of the year will naturally lead to a huge rally by Nio stock. But will this bull thesis on NIO play out as planned?Maybe. Maybe not. The bull thesis on Nio stock hinges on two things: economic conditions in China need to improve, and the ES6 has to be a huge success. Both of those things may not materialize. Thus, until investors start to see some traction on either of those fronts, Nio stock will remain weaker for a long time. If Everything Goes Right, Nio Stock Price Can Rise TremendouslyNIO is an early-stage company in the potentially enormous China electric vehicle market. As a result, if everything goes right for this company over the next several years, Nio stock could at least double or triple.The math isn't hard to follow. China is home to the biggest auto market in the world. That market is growing rapidly, thanks to massive urbanization. Back in 2012, China accounted for roughly 25% of global car sales with 15 million vehicle sales. In 2017, China's share zoomed to 35%, with nearly 25 million vehicle sales. Over time, this share will keep growing, albeit at a slower rate as the China urbanization boom slows. By 2030, China should account for roughly 40% of global auto sales, which should equate to about 32 million vehicles.In the big China auto market, the primary growth area is EVs. From 2015 to 2018, EV unit sales in China have grown at an 80%-plus compounded annual growth rate, with EVs rising from under 1% of all vehicles sold in 2015 to over 4.5% in 2018. This year, EV unit sales in China are expected to hit 1.8 million, or roughly 7% of all vehicles sold. That trend will persist thanks to legislation in China that promotes EV adoption. By 2030, the EV penetration rate will likely be around 25%, giving the EV market a unit count of roughly 8 million cars.NIO is currently a very small player in the China EV market. Nearly 1.2 million EVs were delivered in China last year, and only around 11,000 of NIO's ES8 were delivered, implying market share of less than 1%. But the idea is that NIO, like Tesla (NASDAQ:TSLA) will consistently build out and ramp production of its new vehicles. driving gradual market share gains.Assuming NIO's market share reaches 5% by 2030, that would imply 400,000 deliveries by 2030. At an average selling price of $50,000, its total revenue would be $20 billion. Gross margins should hit 20%, thanks to its growth, and its operating-spending rate should fall to 10%. Thus, its operating profits would be around $2 billion. Taking out 25% for taxes, that implies $1.5 billion in net profits by 2030, which, based on a market-average forward multiple of 16, equates to a $24 billion market cap for Nio stock in a decade.Nio stock currently has a market cap of roughly $3.1 billion. Consequently, if everything goes right for this company, Nio stock price could rise many times from its current levels. Everything Probably Won't Go RightThe problem with the aforementioned multi-bagger bull thesis on Nio stock is that it bakes in a lot of risky assumptions about the growth of NIO.First of all China's auto market may not continue to grow. It's already showing signs of weakness this year against the backdrop of a slowing economy. If China's economy continues to slow, the auto market might just stall out around 25 million vehicles per year. EV penetration rates are very likely to continue to go up. But 25% share may be aggressive. Perhaps 20% share is more realistic, implying 5 million EV unit sales in China in 2030.Most importantly, NIO could struggle to gain market share. Right now, the ES8's delivery volumes are already weakening after just a few months of production. Set to launch in June, the ES6 has attracted a huge number of pre-orders. But so did the ES8.If the ES6 and NIO's subsequent vehicles decelerate in a similar fashion as the ES8, then NIO will never hit 5% market share. That number will more likely be closer to 2%, implying 100,000 deliveries for NIO in 2030.Using the same math as above ($50,000 average selling price, 20% gross margins, 10% opex rate, and 25% tax rate), NIO could report just $375 million of net profits by 2030. Based on a forward multiple of 16, which is average for the market, that implies a 2029 valuation target of $6 billion, which represents a return of just 4% per year. The Bottom Line on Nio StockNIO stock has fallen so far, so quickly, and has broad exposure to a rapidly growing sector. Consequently, if all goes right, Nio could increase multiple times from its current levels.But current trends imply that everything won't go right for NIO over the next several years. Until those trends turn around, Nio stock price will remain depressed.As of this writing, Luke Lango was long TSLA. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Monster Growth * Ranking the Top 10 Stock Buybacks of Last Year * 5 Stocks Under $10 With Big Upside Potential Compare Brokers The post Could a New Car Launch Save Struggling Nio Stock? appeared first on InvestorPlace.

  • New Mexican Tariffs Could Majorly Disrupt Ford Stock — And All of U.S. Auto
    InvestorPlace17 days ago

    New Mexican Tariffs Could Majorly Disrupt Ford Stock — And All of U.S. Auto

    Ford (NYSE:F) shares dove in Friday trading following President Trump's surprise announcement of new tariffs on Mexican goods. Though Ford lacks the large Mexican presence of its archrival GM (NYSE:GM), concerns about supply chains rattled investors in Ford stock and its peers.Source: Jens Mayer via Flickr (Modified)While this selloff will probably become a buying opportunity, traders should hold off in the near-term as the impact becomes fully understood. Tariffs Could Directly Affect Electric Car ProductionIn an unexpected move, President Trump slapped a 5% tariff on all goods coming from Mexico. Tariffs will begin on June 10 and will gradually increase until Mexico has done enough in the eyes of the Trump Administration to curb illegal immigration. News of these duties sent the market sharply lower, hitting Ford stock and auto stocks across the board.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right For the first four months of 2019, Ford produced 20,234 vehicles in Mexico. This represents a 14.7% decline in Mexican production from the same quarter last year. That also makes up only a small percentage of production as Ford sold 590,249 vehicles in North America in the first three months of the year.Nonetheless, this could cause issues for Ford stock as the company had expected to produce more cars in Mexico, even as it cut overall production. The company has planned to build its battery-electric crossover vehicle at its Cuautitlan, Mexico plant. This means a change from its original plan to produce the car at its Flat Rock, Michigan facility.Moreover, Ford has lagged both long-time rivals and upstarts such as Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) in electric vehicle production. Now, with that production happening in a country directly targeted by tariffs, worries become magnified. Most of the Concern Involves the Supply ChainHowever, the more significant concern might come from integrated supply chains. According to Liz Ann Sanders of Charles Schwab (NYSE:SCHW), two-thirds of the imports between the U.S. and Mexico take place intra-company. Goods can also cross the border multiple times. Country wide, the Wilson Center says that 4.9 million U.S. jobs and more than $500 billion in economic activity depend on trade with Mexico.From an investor standpoint, traders now have to wonder if Ford stock can continue to recover as many had predicted. Even after the Friday swoon, Ford stock has risen by more than 25% since late December. However, that comes after the F stock lost nearly half of its value over a five-year period. That brought its multiple to just under seven times forward earnings. Given that low P/E ratio, I see it retesting the December lows only in a worst case scenario. Still, supply chain concerns may limit the upside for now.In the meantime, long-time holders of Ford stock can take solace in the dividend. The Ford stock price has fallen back below $9.50 per share. With the annual payout currently at 60 cents per share, this takes the yield to around 6.4%. Yes, it fell from last year's 73 cents per share. However, with the yield at more than triple the S&P 500 average, that still can bring investors substantial cash flows. The Bottom Line on Ford StockThe tariff on Mexican imports will delay but probably not deny the long-awaited recovery of Ford stock.In the near term, new tariffs on goods from Mexico bring a great deal of uncertainty for Ford. The status of Ford's push into electric vehicles comes into question. More importantly, owners of Ford stock now have to wonder what effects the duties will have on Ford's supply chain.Investors who have seen Ford stock slide for five years will face further delays in the stock's recovery. With the 6.4% dividend yield, long-term holders of Ford stock should probably ride out the trade dispute. Even if the company cuts the payout again next year, it will remain well above S&P averages.Prospective buyers face a more uncertain path. Six months from now, we do not know if this episode will be in the distant past or if consumers will face even higher tariffs on Mexican goods. * 7 Stocks to Buy for Monster Growth Admittedly, the low multiple, the payout, and the recent history of Ford stock lessen the risk of buying now. However, until traders know more about the effects of tariffs on Ford's supply chain, new buyers should probably wait.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Monster Growth * Ranking the Top 10 Stock Buybacks of Last Year * 5 Stocks Under $10 With Big Upside Potential Compare Brokers The post New Mexican Tariffs Could Majorly Disrupt Ford Stock -- And All of U.S. Auto appeared first on InvestorPlace.

  • Foreign Automotive Industry Outlook: Treading a Rough Road
    Zacks17 days ago

    Foreign Automotive Industry Outlook: Treading a Rough Road

    Foreign Automotive Industry Outlook: Treading a Rough Road

  • Reuters17 days ago

    EV maker Nio plans Beijing plant, will likely seek a partner: CEO

    BEIJING/SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Nio Inc is keen to build a production base in Beijing and will likely seek a manufacturing partner, Chief Executive Officer and founder William Li said this week. Nio's current manufacturing base in the eastern province of Anhui has an annual production capacity of 100,000 units, but this is insufficient, Li told a conference on Wednesday, according to a transcript provided by the company.

  • Why NIO, PVH, and Amicus Therapeutics Slumped Today
    Motley Fool18 days ago

    Why NIO, PVH, and Amicus Therapeutics Slumped Today

    Earnings and other concerns held some stocks back Thursday.

  • NIO Stock Slides Another 14% Lower Thursday as Headwinds Persist
    Motley Fool18 days ago

    NIO Stock Slides Another 14% Lower Thursday as Headwinds Persist

    With a 54% sales drop during the first quarter, a growing Tesla presence in China, and a soft second-quarter sales outlook, some investors are pressing the sell button.

  • 3 Big Stock Charts for Thursday: General Mills, Iron Mountain and PayPal
    InvestorPlace18 days ago

    3 Big Stock Charts for Thursday: General Mills, Iron Mountain and PayPal

    Just to frustrate investors even more than they already are, the market's key indices brushed their pivotal 200-day moving average line on Wednesday, and closed right above them rather than breaking below them or pushing well off of them. The S&P 500's last trade at 2,783.02, down 0.69%, was right in the middle of its narrow daily range, and right at the 200-day moving average line at 2,775.71.Source: Allan Ajifo via Wikimedia (Modified)Advanced Micro Devices (NASDAQ:AMD) did the most net damage to the market, falling more than 3% as profit-takers tore into yesterday's oversized gains. It was China's electric car maker Nio (NYSE:NIO) that suffered the most noteworthy loss though, falling more than 9% on the heels of a disappointing Q1 that prompted at least one downgrade of the already-struggling company.Some names managed to make forward progress, but none were as impressive as Cypress Semiconductor (NASDAQ:CY). Shares of the tech company jumped 12% in response to news that it was mulling putting itself up for sale.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks to Buy and Hold Forever Headed into today's action, however, it's stock charts of General Mills (NYSE:GIS), Iron Mountain (NYSE:IRM) and PayPal Holdings (NASDAQ:PYPL) that are worth the closest looks. All three are at the precipice of trade-worthy moves that just need the right nudge. PayPal (PYPL)PayPal has been on a tear this year. At its current price, even with Wednesday's sizeable stumble, PYPL stock is up an impressive 44% from its late-December low. It deserves a break.A deeper, more critical look suggests this chart may have to take a sizeable step back before it begins moving forward again though. In fact, a detailed look at matters suggests the bears have already put that pullback into motion. The trick is simply figuring out where it might stop. Click to Enlarge * The swings since late April are clues in and of themselves. Volatility after a prolonged straight-line move often indicates a change of heart. The purple 50-day line is the make-or-break level from here. * To that end, a couple of the past four trading days have not only been bearish, but they've been bearish on above-average volume. * Zooming out to the weekly chart puts things in perspective. The RSI indicator is now unwinding its overbought condition, but it's also clear in this timeframe that the divergence so far this year has been overdone. * The gray 100-day moving average or the white 200-day moving average line are the most likely landing and turnaround levels for any selloff that takes shape from here. Iron Mountain (IRM)It's not a situation most real estate investment trusts find themselves in right now. Then again, Iron Mountain is unlike most REITs. The company is organized as a real estate investment trust, but provides physical and digital storage of documents companies are required to keep.Regardless of its distinguishing features, recent weakness has dragged IRM to the brink of a critical technical floor, and to within sight of another. And, the weaker it gets, the more sellers crawl out of the woodwork. One or two more rough days could break its fragile floor. * 7 Stocks to Sell Amid an Escalating Trade War Click to Enlarge * The line to watch from today on is $30.58, plotted in blue on the daily chart. That was not only Wednesday's but the key low from a couple of times earlier this year and late last year. * It's not overwhelming, but the volume behind the recent "down" days has been above average, and continues to grow. There may be more sellers waiting in the wings. * Backing out to the weekly chart we can see Iron Mountain shares have actually been fighting a losing battle for years. The rising support line that carries IRM higher from early 2009 has been broken and re-broken since the middle of last year, after failing to make higher highs since 2014. General Mills (GIS)With nothing more than a quick glance, General Mills looks like it's untouchable. The stock plunged more than 5% on Wednesday -- a big move for a food name -- and the volume was heavy. There were a bunch of sellers, and more downside could be in store.A closer look at the chart and the backdrop, however, hints that yesterday's big setback may actually be a buying opportunity. The bleeding stopped exactly where it was supposed to, and where one would normally expect to see a reversal effort. Click to Enlarge * The key line is the 100-day moving average line, plotted in gray on both stock charts. GIS only had to kiss it for the buyers to get off the sidelines. * Underscoring the bullish argument is the possibility that General Mills only had to close the gap left behind in March. The lower edge of that span is highlighted with a yellow line on both stock charts. * Whatever's in the cards, it's apt to happen soon. How shares respond today will suggest much about the true direction of the undertow here.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site,, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Amid an Escalating Trade War * 5 REITs to Buy While They're Dirt Cheap * The Only 3 Marijuana Stocks You Need to Own Compare Brokers The post 3 Big Stock Charts for Thursday: General Mills, Iron Mountain and PayPal appeared first on InvestorPlace.

  • Can Ford Stock Find a Catalyst That Could Change Wall Street’s Thinking?
    InvestorPlace18 days ago

    Can Ford Stock Find a Catalyst That Could Change Wall Street’s Thinking?

    Ford (NYSE:F) has been a disappointment to long-term investors. The shares have rallied nicely of late, gaining 28% in 2019 alone. But F stock hit a near-nine-year low toward the end of last year. Even including dividends, shareholders have lost money from 2013 and 2014 peaks.Source: Shutterstock That said, the news in recent months has been better.Ford has slimmed down, pretty much ending all of its U.S. passenger car production in favor of SUVs and pickup trucks. Cost-cutting has continued, most recently with a 10% cut of its white-collar workforce. As a result, long-running "peak auto" fears haven't made their way to Ford earnings, which are expected to grow (if modestly) in both 2019 and 2020.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYet the Ford stock price sits where it did at the beginning of December. Not even a blowout Q1 report -- one that I thought could change the narrative surrounding F stock -- has done much more than recapture losses taken during the plunging broad market of late 2018. The question then becomes this: If stronger-than-expected earnings can't move Ford stock higher, what will? Can Wall Street Move F Stock Higher?One place to look might be Wall Street. Analysts simply aren't behind Ford stock yet. The average target price of $10.36 suggests just 6% upside. In contrast, the consensus target of $47 for General Motors (NYSE:GM) implies a whopping 35% gain over the next 12 months. * 7 Utility Stocks to Trust for Retirement F stock did get an upgrade from Bank of America (NYSE:BAC) Merrill Lynch after earnings, but that aside, the Street still sees Ford as a "show me" story. Certainly, worries about the broader macroeconomic cycle explain analysts' reticence in part, but those same worries should apply equally to GM, a stock Wall Street seems to like at the moment.From a mid-term standpoint, analysts' relatively neutral view of probably is a good thing for the Ford stock price. With another good quarter or two, it's not difficult to imagine Street notes highlighting the underlying turnaround and raising out-year forecasts and target prices.As we've seen with Tesla (NASDAQ:TSLA), analysts don't often get out in front of a story. If Ford can string together a few more solid quarters, analysts may come along with higher target prices and more optimistic commentary. But it's likely to take at one more good quarter, at least, to change the Street's mind. EVs and AVsThe most obvious way for Ford to assuage peak auto fears is to win in autonomous and electric vehicles. In both areas, Ford seems behind Tesla and Alphabet (NASDAQ:GOOGL) unit Waymo. Even GM spent over $1 billion for startup Cruise, while Ford's efforts have remained mostly in-house.But Ford is starting to make some noise. The company's $500 million investment in privately held Rivian should lead to deliveries starting late next year. The Escape will see hybrid and plug-in offerings in model year 2020, with the company targeting some 40 models by 2022.The EV opportunity, however, similarly seems like a 'show me' story. Tesla's struggles so far in 2019 suggest that EV demand may not be what proponents believed. Foreign manufacturers like Volkswagen (OTCMKTS:VWAGY) and BMW (OTCMKTS:BMWYY) are moving more aggressively, and more quickly, into electric vehicles. Those companies likely have a noted edge in their home markets in Europe -- and competition in China is even more intense, with Nio (NYSE:NIO) one of literally dozens of companies targeting the space.Like with Wall Street opinion, AV and EV optimism seems unlikely to move the Ford stock price in the near term. In fact, while it might take only a couple of strong quarters to get analysts on board, the company's EV ambitions likely will take at least a couple of years to change the story around F stock. What Moves Ford Stock?It's difficult to see what else can drive F stock higher in the near term. The 5.74% dividend yield is attractive but hasn't helped Ford stock on its long descent from $16. A cheap 12.5 P/E multiple could drive value investors -- but at the moment GM stock's 5.53x is cheaper on that front. * 5 Safe Stocks to Buy This Summer Tariffs are likely to dominate the headlines for some time to come. A decade of economic growth in the U.S. mean that worries about a downturn should persist until that downturn actually arrives. There's plenty of reason to see the proverbial lid staying on Ford stock -- unless the company's results are simply so good that investors can't ignore them.Still, all that doesn't mean that F stock isn't a buy, or isn't a buy right now. I still think, as I wrote after turning bullish last year, that the Ford stock price should be over $10. The near 6% yield does provide some incentive for patience. And the company's moves to cut passenger cars and lower operating expenses should boost free cash flow for some time to come, giving that yield some real support.Still, investors buying Ford stock at these levels should plan to be in the stock for the long haul and be willing to ride out some potential downturns from broad market or economic fears. F stock probably should trade higher but I wouldn't be surprised if it takes quite a while for it to do so.As of this writing, Vince Martin has a bearish options position in TSLA. He has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for June * 7 Stocks to Buy From One of America's Best Pension Funds * 4 Consumer Staples Stocks for Both Income and Growth Compare Brokers The post Can Ford Stock Find a Catalyst That Could Change Wall Street's Thinking? appeared first on InvestorPlace.

  • Thomson Reuters StreetEvents18 days ago

    Edited Transcript of NIO.N earnings conference call or presentation 28-May-19 12:00pm GMT

    Q1 2019 Nio Inc Earnings Call

  • Benzinga19 days ago

    Heavy Selling In Nio Call Options Is Bearish Signal

    ADR (NASDAQ: NIO) are down more than 19 percent since Benzinga reported some large bullish Nio options trades back on May 8. Throughout the morning, Benzinga Pro subscribers received a number of options alerts related to Nio. At 9:37 a.m. a trader sold 1,200 Nio call options at a $3 strike price that expire on June 21.