Wednesday, September 12, 2018

In Tesla's shadow, China's NIO prices IPO at low end of target: source

Chinese electric vehicle start-up NIO Inc priced at the bottom of its targeted price range in its U.S. initial public offering on Tuesday, a person familiar with the matter said, dragged down by investor concerns about the prospects of chief competitor Tesla Inc .


from Reuters: Technology News https://ift.tt/2N7iRL1
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