Should You Buy, Sell, or Hold Nio Stock Amid Firefly Brand Launch?
Chinese electric vehicle manufacturer $Nio$ once captured the spotlight with its rapid ascent, pioneering battery-swap technology and bold international ambitions. However, competition in China is only heating up, economic growth has cooled, and uncertainty around tariffs has dimmed its growth in Europe. Meanwhile, Nio’s cash burn and mounting losses weighed heavily on investor confidence, reflected in its battered share price this year.Yet, despite the headwinds and a climate in which investor