NIO Stock's Long-Term Play: Why Investors Shouldn't Panic Over EU Tariffs
NIONIO(NIO) Investor Place·2024-06-18 18:20

From seemingly any angle, China’s flagship electric vehicle manufacturer Nio (NYSE:NIO) seems to be facing an existential crisis. Recently, the European Union threatened to impose tariffs on EVs imported from China, a measure to protect European automotive manufacturers from unfair competitive practices, according to Reuters. Naturally, that’s a massive speedbump against Nio stock.At the same time, not everyone in Europe is thrilled with the idea. Both German government officials and automakers have express ...