combustion manufacturers are facing a lot of challenges some will be looking to partner with EV makers soon or face trouble.
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103027647 : https://eletric-vehicles.com/nio/morgan-stanley-cuts-position-in-nio-sells-over-12-million-shares-in-q2/
Teck Wang Pang PaPa OP 103027647 : it is good they cut it..
VIVEK SURANA 103027647 : $NIO Inc (NIO.US)$ Thats how big players are unloading this junk. Morgan stanley has buy rating on this stock with a price target of 10$, but they themselves are selling it for 4$. Retailers are buying this stock. And here, some fanboys are keep blaming and cursing shorts for the bad performance of stock.
103484522 : below 5 dollar ,big institutions need to unload nio as already confirm penny stock