Nio Inc (NIO) is trading -5% lower at $17.94 today. The stock is stumbling behind peers on a cheery day for the Consumer Discretionary sector.

Nio Inc has been trading between a 52-week high of $44.27 and a 52-week low of $11.67. The stock has a market cap of $28 Billion.

NIO Inc. is a pioneer in China's premium smart electric vehicle market. Founded in November 2014, NIO's mission is to shape a joyful lifestyle.

Nio’s ET7 electric sedan is on its way to Europe
TechNode 08-23-22

NIO is testing swap stations that reduce peak demand by sending energy back to the grid
Top Tech News 08-22-22

NIO Stock Forecast: Nio Inc slips lower as investors remain cautious ahead of next week’s earnings
FXStreet 08-22-22

Alibaba, Nio, XPeng Slide Over 1%: Hang Seng Falters As US Rate-Hike Fears Grow
Benzinga 08-21-22

China’s EV war: Tesla’s rivals rev up the fight as Nio, Xpeng, Li Auto, BYD and Huawei roll out new models to bite at the bellwether’s ankles
South China Morning Post 08-20-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

thetotalpackage7 - 24 upvotes - source
Me too. I’m in for loss of $52k on Nio, Shopify and Palintir. This sub has AIDS

drolikemine - 21 upvotes - source
I've been positive on GME,AMC, and nio. Gotta get in early and get out early

GRDT_Benjamin - 5 upvotes - source
Nah NIO is where it's at🤑🤑

longGERN - 2 upvotes - source
Yeah since the run it's been super flat for a while, kinda expected given the cyclicality but oh well. Theyre one of the biggest players and will continue to support other manufactures/their own home made stuff. This is the one space I boomer invest in so I don't baggold a NIO at - 87% lol

AggravatingCarpet369 - 2 upvotes - source
NIO is way way over valued

Dan23DJR - 1 upvotes - source
The looming threat of China invading Taiwan and making themselves a global pariah really puts me off of any Chinese stocks. Investing (note I say investing, not trading. I’m referring to long term plays) just seem short sighted to me. It’d be like investing in the Russian market prior to the invasion when they were gathering troops at the border. Just don’t know what might happen with such a fragile state of affairs to rely on any sort of long term stability. Also, will NIO sell to the rest of the world or is it a strictly domestic company? Because one of teslas advantages is that they are THE name in EVs, they’ve got the status and sooner or later the entire western world will be buying new EVs. In the U.K. no new petrol/diesel cars can be sold after 2030. I should imagine the EU will follow up in the next 5-10 years after that.

ekkyI - 1 upvotes - source
NIO is already in a few European countries and expanding quite aggressively.

wallstreetdonator - 0 upvotes - source
NIO Calls for 26th

qwerty12345qazwsx - 0 upvotes - source
!banbet NIO 11.67 1/20