Tariff Concerns Knock Electric Vehicle Maker Nio 10% Lower Monday

Shares of NIO Inc. (NYSE: NIO), a premium electric vehicle manufacturer often called the Tesla of China, were down nearly 11% as of 11:30 a.m. EDT on Monday as tariff concerns continue to heat up.NIO wasn't alone in its Monday decline. Many e-commerce names and Chinese tech companies were being hit after reports indicated President Trump plans to proceed with $200 billion in additional tariffs on Chinese goods.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News