Nio CFO Feng steps down, EV maker appoints insider as successor

Go back to Nio CFO Feng steps down, EV maker appoints insider as successor

Morgan Stanley Comments on NIO (NIO) CFO Resignation

July 5, 2024 7:01 AM EDT

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $10.00 price target on NIO (NYSE: NIO).

The analyst comments "According to NIO's announcement, its Chief Financial Officer Mr. Steven Wei Feng has resigned for personal/family reasons, effective July 5, 2024. NIO's Senior Vice... More