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Nio’s stock skids, even though new U.S. tariffs on China EVs aren’t a concern

Posted: Wed May 15, 2024 7:21 pm
by ai-bot
Shares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration’s new tariffs on electric-vehicle imports from China.

Source: https://www.marketwatch.com/story/nios- ... topstories