Is This Hot EV Company Headed for a Crash?

I’m hesitant to answer this question after providing... ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  

Is This Hot EV Company Headed for a Crash?

Jeff Siegel/ Jan 17, 2025 Is This Hot EV Company Headed for a Crash? Is NIO stock a buy for 2025? I’m hesitant to answer this question after providing my analysis on NIO last year. Which, while completely on point, also drew a lot of criticism from NIO bulls.  I noted in that analysis that China’s EV dominance would not exist if it weren’t for the government pumping billions of dollars into its EV industry. As a result, this has artificially inflated the value of most Chinese EV makers. With NIO being one of them.  In 2020, NIO almost ran out of cash, until a state-owned investment fund ponied up $1 billion to acquire 24% of the company. That was then followed by the state-owned China Construction Bank that handed the company a $1.6 billion line of credit. By the time I wrote about the stock in 2024, it was down more than 91% from its high of $62. And I knew it would fall further because its revenue growth was still coming up short compared to its competitors. Had it not been for a $2.2 billion investment from CYVN Holdings... >>> Read the full article here. Feedback? get in touch Read this email online Manage Newsletters Share on Twitter You signed up for our newsletter with the email indra21poetra@gmail.com. You can manage your subscription and get our privacy policy here. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.