NIO stock tumbles 5% after NIO Inc (NYSE:NIO) announced that CFO Louis T. Hsieh resigned from the company for personal reasons, effective October 30, 2019.
Another Setback for NIOWhile it is true that electric vehicles are all set to be the future of transport, things are not going that well for Chinese electric vehicle maker NIO. NIO stock has taken a beating for much of the year, and today, the company made another major announcement that creates more uncertainty about its future.
In a new development, NIO announced that its Chief Financial Officer ...
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