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Investors are selling NIO Inc. at its current price of $3.37 due to a combination of persistent net losses, heavy capital expenditure on infrastructure, an intense domestic price war in China, and a broader market de-rating of Chinese EV stocks. Despite strong delivery numbers, the company faces headwinds that prevent its stock from gaining momentum.
AI is always there to help.
Stay safe and don't anyhow buy.
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I'm also there for the fun.
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Anyone willing to sell cheap?
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Nio really sucks.
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Sellers are greedy.
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See reactions when market open.
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