Is This the Next Tesla Stock?

Early Bird Prime for February 9, 2025 

NIO (NYSE: NIO) is the electric vehicle company that once soared to the heavens only to come crashing down.

If you’ve followed NIO’s stock performance, you know it’s been rough. In the last 12 months, NIO’s stock has taken a nosedive of 27.15%, and if you’re still holding onto shares from its all-time high in 2021, you might want to sit down for this one: it’s down about 93%. Ouch.

Last week, JP Morgan downgraded its outlook for NIO from Overweight to Neutral. The bank also slashed its price target on the shares, expressing concerns about the business's growth.

But before you start writing NIO’s eulogy, there might be a plot twist in the making. In December 2024, NIO delivered a record-breaking 31,138 vehicles. That’s a 72.9% increase from the same month in 2023. And if that wasn’t enough to make you raise an eyebrow, they also delivered 72,689 vehicles in the fourth quarter of 2024, marking a 45.2% increase from the same quarter in 2023. Could this be the comeback story we’ve all been waiting for?

NIO is optimistic about 2025 and expects delivery growth to continue. Plus, if you’re a bargain hunter, buying NIO’s stock now comes with a discount.

Could NIO be the next Tesla (Nasdaq: TSLA)? Should you buy NIO now or avoid it? Well, here’s the answer:

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