In Tesla's shadow, China's NIO raises $1 billion from IPO, say sources: Reuters
Chinese electric vehicle start-up NIO Inc (NIO.N) priced its shares near the bottom of its targeted price range in its U.S. initial public offering, according to sources familiar with the matter, dragged down by investor concerns about the prospects of chief competitor Tesla Inc (TSLA.O).
12 September 2018•2 mins read
