As the EV market is seeing significant downside currently, Nio stock (NYSE:NIO) is only one of the companies experiencing big-time downside. The fact is that NIO stock is down nearly 50% tells most investors what they need to know about this stock’s performance thus far. Increasingly tight competition in China combines with other sector-wide headwinds to provide big down-side potential for the company moving forward. So, most growth investors may have moved onto other names.Of course, Nio’s monthly deliveri ...