Is Nio Stock a Buy Now?

Just a few years ago, Nio (NYSE: NIO) was a solid bet to challenge Tesla for supremacy in the electric vehicle (EV) market. Both companies had some revolutionary ideas, with Tesla's Supercharger network and Nio's battery swapping technology and lifestyle-driven Nio Houses.Today, Tesla is getting a huge black eye from CEO Elon Musk's political activities and the distractions that have come with them, and Nio is getting left in the dust by other Chinese EV makers.I was an early investor in Nio, buying at less than $5 and selling when the stock was in the $40s. Now that Nio's back under that $5 mark, is there a window for investors to capitalize on another run-up, or does Nio have too much ground to make up in the EV race?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool