On October 21, 2025, Nio shot up 11%. Why? Its new three-row SUV, the ONVO L90. It arrives in China on August 1. Two options: $39,000 fully equipped or $27,000 with battery as a service.



Investors are excited. They believe it will drive profitable deliveries and services. The first quarter has already seen a 21.5% increase in revenue.

But be careful. Nio's shares have fallen 76% in three years. It seems cheap, valued at 90% of expected revenue. Tesla, on the other hand, is trading at 11 times its sales.

Nio is not profitable yet. And there are geopolitical risks. The U.S. and China, you know. It could yield big profits if it grows. Or not. It's a bit like betting in the electric car casino.

In short, Nio remains a risky bet. But who knows, it might be the next big thing. Or maybe not. Time will tell.
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