One of China’s brightest electric vehicle startups, NIO (NIO), reported a wider-than-expected Q1 loss. Although NIO expects EV deliveries to more than double in Q2, its stock continues sliding.
https://electrifyheartland.org/wp-content/uploads/MicrosoftTeams-image.png00https://electrifyheartland.org/wp-content/uploads/MicrosoftTeams-image.png2024-06-06 09:33:172024-06-06 09:33:17NIO stock slides after Q1 results despite expected surge in Q2 EV deliveries