read from web:
The following are also factors on the short term pricing of NIO and XPEV:
NIO and XPEV are moving with the US market today. Not an issue of growth potential.
NIO and XPEV are being negatively impacted by the news of a deadly accident that is rumored to have been due to autonomous driving controls.
NIO and XPEV are impacted by the concerns of the Chinese crack down on technology stocks and the shift to eliminate "excessive" wealth of its companies and people.
The 3 together will provide an excellent opportunity to buy a significant dip.
$NIO Inc (NIO.US)$
Felicia p : I have same feeling too. I think after next deep could rise a lot