Nio +3% amid Tesla tumble

|About: NIO Inc. (NIO)|By:, SA News Editor

Nio (NYSE:NIO) is up 3.35% in premarket trading to $5.47

It's not the first time that shares of Nio have moved higher on a day that Tesla was tanking.

Despite today's bump, Nio trades about 60% below its 52-week high and has been facing some sharp questions of its own.

Previously: Tesla -8% as analysts dig in (April 4)

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