William Li, CEO of Nio Chinese multinational automobile manufacturer, stands next to Nio ET7 model ... [+] electric car during an AFP interview at the Beijing Auto Show in Beijing on April 25, 2024. (Photo by Pedro PARDO / AFP) (Photo by PEDRO PARDO/AFP via Getty Images)AFP via Getty ImagesThe American Depository Receipts of Nio, a Shanghai-based electric vehicle maker, just popped 20%, according to CNBC. Yet the ADRs trade a whopping 92% below their all-time high of $67.Does that make Nio shares a bargain? ...