Most first-movers are in for a rude awakening as new EV makers spring up around the world — Ford Motor Co | NYSE: is the "Tesla of China |
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In the best case, Nio Inc's management is honest, while the outside auditors are strict and uncompromising |
Factset: FactSet Research Systems Inc | Within the next five years, however, we're going to see improvements to batteries, more charging stations spread across the globe, and new EV producers spring up in the process |
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The Future of Nio Stock Looks Bright Nio could also potentially scale greater than Tesla if its battery as a services system is a success | These all stand to chip away at Tesla's market share |
There is a buy signal from a pivot bottom found 3 days ago.
This is considered to be a good technical signal | The initial drop might have been in response to news that the company's vice president for software product management was leaving to work for General Motors NYSE: GM |
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Still, the negotiation suggests that the shift away from gas-powered vehicles to EVs is real |
Most people using battery powered tools carries spare batteries.