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Nio changes strategy as it reaches the next level in scale and deliveries.
Fool.com contributor Parkev Tatevosian reviews Nio's (NIO -1.07%) latest quarterly earnings update, which included a significant strategy shift. Additionally, Parkev answers whether he thinks Nio stock is a buy right now.
*Stock prices used were the afternoon prices of Dec. 5, 2023. The video was published on Dec. 6, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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