NIO stock rebounds as it hits 1 million-vehicle mark; here’s what traders watch next
NIO shares rose 2.2% to $4.97 Tuesday morning after the company produced its one-millionth vehicle at its Hefei plant. CEO William Li set a target of 40–50% annual sales growth and over 10,000 charging and battery-swap stations by 2030. The stock remains about 39% below its 52-week high. Investors are watching Fed rate signals and sector competition.