Why Nio Stock Crashed Today | The Motley Fool
https://www.fool.com/investing/2023/05/24/why-nio-stock-crashed-today/
Hey all, did you hear about Nio's launch event for their latest SUV? Unfortunately, it wasn't enough to prevent the stock from dropping by as much as 12%. With the overall demand for EVs in China continuing to grow, it seems like the larger EV makers like Tesla and BYD are taking market share away from Nio. Let's hope for a brighter outlook in Nio's upcoming first-quarter report on June 9th. Hang in there, folks! $NIO