36 days ago • Posted by Martin Boujol

NIO stock was down 17% last week

Tesla's Chinese rival NIO has seen its share price plunge last week, after the company said the the global chip shortage will hurt their production next quarter, falling to 7,500 car per months from 10,000. The company expects to raise production again in July. 

Source: CNBC

#Stocks
NIO stock was down 17% last week
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