It’s all gone pear-shaped for Nio ([Share Link: NYSE:NIO]), ...

It’s all gone pear-shaped for Nio (NYSE:NIO), and investors have been turning away in droves. Sentiment has really soured around the Chinese EV maker as the company has been affected by weakening domestic demand in an environment defined by fierce competition, with Nio seen to be lacking meaningful near-term catalysts that can reshape the story.