Nio is on watch with attractive buying opportunity called out by Deutsche Bank
Niois a new addition to the fresh money list at Deutsche Bank on what it calls an attractive buying opportunity heading into the new year.Analyst Edison Yu: "With the stock having underperformed materially in recent months, we see a great entry point setting up for a pivotal 2022. Investor sentiment has been lackluster due to lack of new vehicles and supply chain constraints, and most recently, the heightened US delisting risk. We believe these headwinds can all reverse in the coming 12 months w
Tesla submits partial response in U.S. auto safety probe - memo
WASHINGTON, Oct 25 - Tesla Inc has submitted a partial response to the National Highway Traffic Safety Administration's information request issued as part of the agency's formal safety probe into the automaker's Autopilot driver-assistance system.NHTSA said in an Oct. 22 memo released Monday that Tesla's response "has been received and is being reviewed. The company has requested confidential business information treatment for the entirety of the information request.". On Aug. 31, NHTSA sent