NIO's backslide. looks eh.
It's probably a fine company longer term, but at the moment it is backsliding into new lows. If it's not bought up quickly, it may be trapped under a new ceiling for a while.
The only benefits I see for NIO is that it has a longer range battery than tesla, but the price tag of 100k+ for any model and not having total technological superiority isn't a market dominating proposition.
The only benefits I see for NIO is that it has a longer range battery than tesla, but the price tag of 100k+ for any model and not having total technological superiority isn't a market dominating proposition.
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