Is Nio set to hit $5 after doubling Q2 deliveries?
NIO(NIO) Finbold·2024-07-01 21:31
Though the electric vehicle (EV) industry has been struggling for more than 12 months, 2024 has generally been recognized as a particularly dire period of the so-called ‘EV winter.’There has hardly been a company operating in the sector whose stock has managed to remain in the green, with even Elon Musk’s Tesla Motors (NASDAQ: TSLA) staying decisively in the green despite record deliveries at the end of 2023 and the 2024 attempts to rebrand as a robotics and artificial intelligence (AI) firm.Given the curre ...