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NIO stock is down 31% this year: is now the time to buy?

NIO stock is down 31% this year: is now the time to buy?
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Nio Narrowed Its Losses But Fell Short On Revenue And Guidance

On Tuesday, Nio Inc (NYSE: NIO) reported a narrower-than-expected third quarter loss. Like other automakers in China, Nio was pressured to slash prices, thinning its margins, in response to the price war that Tesla Inc (NASDAQ: TSLA) ignited at the beginning of the year. Nio’s Third Quarter Highlights Nio reported revenue below estimates of 19.4 billion yuan as sales amounted to 19.1 billion Chinese yuan which is about $2.7 billion. On the bright side, revenue rose 47% YoY. Unfortunately, Nio st ....

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Nio Narrowed Its Losses But Fell Short On Revenue And Guidance - NIO (NYSE:NIO)

On Tuesday, Nio Inc (NYSE: NIO) reported a narrower-than-expected third quarter loss. ....

William Li , Steven Wei Feng , Nio Inc , Tesla Inc , Xpeng Inc , Li Auto Inc , Wei Feng ,

Nio Narrowed Its Losses But Fell Short On Revenue And Guidance - NIO (NYSE:NIO)

On Tuesday, Nio Inc (NYSE: NIO) reported a narrower-than-expected third quarter loss. ....

Steven Wei Feng , William Li , Tesla Inc , Nio Inc , Li Auto Inc , Xpeng Inc , Wei Feng ,

China's EV carmaker Nio jumps 4% after reporting narrower-than-expected losses

Nio is facing stiff competition from other startups like Xpeng and Li Auto, as well as from giants such as Tesla and BYD. ....

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