Tag: Surging shares
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![Nio (NIO.NYSE) surges 12%: Chinese Gov. doesn’t want Tesla (TSLA.Q) to humiliate the locals]()
Nio (NIO.NYSE) surges 12%: Chinese Gov. doesn’t want Tesla (TSLA.Q) to humiliate the locals
NIO took a leaf out of Apple’s (AAPL.Q) playbook and outsourced production to a to a purpose-built factory run by JAC Motors (江淮汽车) a Chinese state-owned automobile manufacturer.
