NIO: Path To Shareholder Happiness
NIO(NIO) Seeking Alpha·2024-08-15 00:56
Michael Vi/iStock Editorial via Getty Images The EV space has faced a tough year or so, causing investors to forget the difficulties of building a new brand. NIO, Inc. (NYSE:NIO) is a prime example of a Chinese EV company beaten down, yet the company is coming off their most successful delivery period. My investment thesis remains Bullish on the stock, with the lower valuation and signs of a bottoming process coming to an end soon. Source: Finviz Big Quarter Ahead NIO recently reported July vehicle deli ...