NIO ran from $3 to almost $7 in just a few months. That shows the stock still has momentum power in the short term. Traders can play the swings.
But long term, the story looks weak:
• Still not profitable, keeps burning cash.
• Competition in China EV market is too strong (BYD, Li Auto, Tesla).
• Survival depends a lot on government support and subsidies.
• Every time it rallies, sellers come in around $6–7.
So short-term bulls may catch a bounce, but the bigger picture looks bearish to me. 🧸
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