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NIO Stock Rises Sharply as Delivery Growth Accelerates

NIO Stock Rises Sharply as Delivery Growth Accelerates

NIO delivered 15,620 vehicles in April, up from 11,866 in March and up 135% from the 6,658 delivered a year ago. Earnings were better than feared after Tesla delivered just 387,000 units in the first quarter, missing the lowest Wall Street estimates by some 20,000 vehicles.