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Nio, the Tesla of China, surges after reporting strong vehicle deliveries for Q3

The electric carmaker delivered 4,799 vehicles in the third quarter, up 35.1% from the second quarter.
Nio stock

The ‘Tesla of China’ craters 30% after announcing a bigger-than-expected loss and thousands of job cuts

Nio, a China-based electric automaker, said it plans to cut thousands of jobs over the next few months in an effort to control costs.

The Tesla rival NIO will lay off just over 20% of its workers after reporting another big loss

NIO's stock price has fallen by over 70% since it began listing its shares on US exchanges in September 2018, as of Tuesday morning.

Want to be successful? Avoid toxic co-workers and culture, Razer CEO Min-Liang Tan tells SMU graduands

When he first started Razer with S$4,000 in his savings, Tan says he "conveniently forgot" to tell his parents that he wasn't a lawyer anymore.
The Nio ES8.

Tesla rival Nio is recalling around 4,800 vehicles after 3 caught fire

Nio announced the recall of its ES8 SUV Thursday on its website, citing an issue with an old version of its battery pack.

Nio jumps after losing less money than expected amid Chinese economic slowdown

Shares of the Chinese electric-car maker Nio jumped after posting a small-than-expected loss despite a slowdown of the Chinese economy.

The CEO of China’s largest electric-car company compares Tesla to high fashion — and says his company is the ‘girl next door’

William Li, CEO of China's Nio, told "60 Minutes" that Tesla's cars "are like the clothes fashion models wear on the catwalk."
NIO chairman and CEO William Li speaks on stage at NIO Day among a selection of the company's newest crossover SUV, the ES6, in Shanghai, China, December 15, 2018.

Everyone talks about Nio as the ‘Tesla of China,’ but the automaker is carving out its own path in the world’s largest car market

Nio CEO William Li put on a show in Shanghai this past weekend on par with the kind of big product reveals Tesla's Elon Musk is known for in the US.

Announcing IGNITION 2018 speakers: Don’t miss Mark Cuban, Sir Martin Sorrell, Danica Patrick, Troy Carter, and more!

Prepare for the year ahead with insights from today’s brightest minds. This year's IGNITION lineup is packed with top executives from some of the hottest tech startups and innovative corporate enterprises.