/biz/ - Business & Finance

REAL TALK about NIO

all bullshit aside, what actually happened like a month ago is that Nio flatlined - they wallet was gone and theyhad to be not-really-but-really nationalized by the chinese government
>we give you bunch of money, but now u our bitch, move all your assets from "Nio" to "Nio China" or we collect
we all agree?
So...is this good or bad news for Nio stock?

I think it's bad cause the stock is now just a front, a puppet, a vestigial organ whose fate and value are at a mercy of our chinese overlords and they can decide to get rid of it if they dont want us part of the actual company

For me, it's Wendy's chili