Is Nio Stock Poised To Rally Further Following Expansion Plans, Tesla’s Big Order?

Is Nio Stock Poised To Rally Further Following Expansion Plans, Tesla’s Big Order?

Nio (NYSE: NIO), the Chinese premium EV maker, saw its stock rise by about 10% over the last month (around 21 trading days), outperforming the S&P 500 which rose by about 3% over the same period. While the stock faced some pressure in September due to the Evergrande debt crisis in China and..