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$NIO Inc (NIO.US)$ $Tesla (TSLA.US)$ $BYD COMPANY (01211.HK)$ $XPeng (XPEV.US)$ NIO remains unprofitable, burning cash, and facing rising geopolitical risks, making it hard to achieve a turnaround without outside financing. The article revealed 5 reasons why investing in Nio stock makes no sense:
1) Despite revenue growth, Nio has seen little improvement in its bottom line. In Q2, the company reported a net loss of $705.4 million, with cash reserves fa...