NIO Stock Price Rises as Shares Buck Tesla-Led Selloff After First-Ever Profit
NIO Inc.'s U.S.-listed shares rose 1.2% to $5.89 on Thursday, breaking a two-day decline despite low trading volume. The move followed the company's first-ever quarterly net profit and a forecast of up to 83,000 vehicle deliveries for Q1. Tesla fell 3.2% after a regulatory probe, while XPeng and Li Auto posted modest gains. NIO remains 26.6% below its 52-week high.