NIO Shares Fall After China EV Demand Signal
NIO Inc. shares slid Tuesday, leaving the Chinese EV ADR under pressure. The stock last traded near $5.04, off $0.165 from Monday, with more than 24 million shares crossing and the company valued around $10.5 billion. The action followed new reports from China as NIO CEO William Li told the China Auto Chongqing Forum that auto retail sales in China could fall 15% to 20% in 2026.
