$NIO-SW (09866.HK)$ with Nio officially being a penny stock,...

$NIO-SW (09866.HK)$ with Nio officially being a penny stock, institutional investors will have no choice but to sell. It's going to get ugly. One man's hubristic policies ran Nio's valuation from $65.00/share to a penny stock. incredible. Where's the accountability. William Li is a visionary but has no clue about running Nio's day-to-day operations. If he has one ounce of dignity left, he'll step down and bring in a competent CEO. Since no one is willing to tell the king he has no clothes, I will. William Li, you are a really, really bad CEO.