Shares of NIO (NIO) are sliding after the company delivered a wider-than-expected loss in its first quarter. Yahoo Finance's Seana Smith and Brad Smith break down the company's earnings and how it will fare against increased competition. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Tesla, BYD, NIO and XPeng are part of the Zacks top Analyst Blog.
China gives the green light to nine domestic automakers for AV testing, marking a significant milestone in the global race toward self-driving technology.