$NIO Inc (NIO.US)$ Hitting the new 52 week low everyday. Thi...

$NIO Inc(NIO.US)$ Hitting the new 52 week low everyday. This company will surely go bankrupt by end of year. No sales growth for last 8 months while the over all EV market is expanding. Currently they don't have much competition in high End market. As soon as they launch Alps, they will be eaten alive by competition.