Is this a paid advertisement for GM? Mercedes, BMW and VW-Audi already have a larger presence in China in both manufacturing and passenger car sales. The German carmakers have most to gain from this.
NIO is not China's version of TESLA. TESLA cars are already being manufactured in China for Asian market, so TESLA CHINA would be China's version of TESLA [LOL]
Cathie Wood is not an investment goddess. One of the reasons her ETFs are not further in red was due to her selling off TESLA shares to balance her losses. DYODD and do not follow Ms Wood blindly.
Strange that Motley Fool keeps emphasizing "founder-led" as a strength of this company. Most start ups are founder-led and many have failed miserably as well.
If the US finance regulators have nothing better to do, perhaps they can investigate irregularities of DIDI and other Chinese companies' recent IPOs in US stock exchanges.
