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NIO / NIO stock slides as Chinese EV sales disappoint

NIO stock slides as Chinese EV sales disappoint
NIO Inc (NYSE:NIO) fell in Tuesday's early deals after the Chinese EV firm reported a wider-than-expected net loss, amid lower sales and deliveries. The company reported a second quarter net loss of RMB5.79 billion ($798.9 million), up from RMB2.26 billion in the same period a year ago. Read More
Posted: Aug 29 2023, 07:44
Author Name: Proactive Investors
Views: 101827

NIO News  

Warning: Nothing Is Stopping NIO Stock From Crashing Now

By InvestorPlace
November 3, 2023

Warning: Nothing Is Stopping NIO Stock From Crashing Now

Nio (NYSE: NIO ) has performed poorly over the past few months. Although shares in the China-based EV maker have found support in recent trading days, more_horizontal

NIO Stock: Nio Flirts With Spinning Off Businesses Amidst Sharp Competition

By InvestorPlace
November 3, 2023

NIO Stock: Nio Flirts With Spinning Off Businesses Amidst Sharp Competition

In today's market, Nio (NYSE: NIO ) is among the electric vehicle (EV) stocks in focus for many investors. That's partly due to the company's price ac more_horizontal

NIO at Half-Price: Beyond the Skepticism Lies Skyrocketing Growth

By InvestorPlace
November 3, 2023

NIO at Half-Price: Beyond the Skepticism Lies Skyrocketing Growth

China-based electric vehicle (EV) manufacturer Nio (NYSE: NIO ) can't seem to catch a break on Wall Street lately. NIO stock is far below its peak p more_horizontal

Nio to cut staff by 10% on ‘fierce' competition

By Proactive Investors
November 3, 2023

Nio to cut staff by 10% on ‘fierce' competition

Nio Inc announced on Friday plans to reduce its workforce by 10% amid what the Chinese electric automaker's CEO called "fierce competition."   "The c more_horizontal

Why Is NIO Stock Up Today?

By InvestorPlace
November 3, 2023

Why Is NIO Stock Up Today?

Nio (NYSE: NIO ) stock is rising higher on Friday after the electric vehicle (EV) company announced plans to lay off a significant chunk of its employ more_horizontal

Nio cuts workforce amid fierce competition: can NYSE: NIO hold above 8 USD?

By Invezz
November 3, 2023

Nio cuts workforce amid fierce competition: can NYSE: NIO hold above 8 USD?

Chinese electric vehicle manufacturer Nio Inc (NYSE: NIO) is making significant workforce cuts, citing intense competition in the industry. As of Nove more_horizontal

NIO's Reported Layoffs Complicate the EV Picture

By Barrons
November 3, 2023

NIO's Reported Layoffs Complicate the EV Picture

The Chinese EV maker is about to lay off 10% of its workforce, according to Reuters. It could have implications for Tesla and other EV peers. more_horizontal

Nio Layoffs 2023: What to Know About the Latest NIO Job Cuts

By InvestorPlace
November 3, 2023

Nio Layoffs 2023: What to Know About the Latest NIO Job Cuts

Chinese electric vehicle (EV) company Nio (NYSE: NIO ) said it will lay off 10% of its staff. It is being done, the company said, due to rising compet more_horizontal


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