NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)

Chinese stocks experienced a boost due to optimistic trade negotiations, AI enthusiasm, and potential easing of US-China tensions, with President Trump and Xi Jinping expected to discuss trade and technology issues in an upcoming phone call.

Tesla's Board of Directors introduced a massive $900 billion compensation package for Elon Musk, requiring the company to increase its valuation from $1.3 trillion to over $8.5 trillion by achieving ambitious operational targets like 10 million Full Self-Driving subscriptions and potential robotaxi and Optimus robot deployments.

Nio's stock rose nearly 10% after J.P. Morgan analyst Nick Lai maintained a 'buy' rating and $8 price target. The company recently raised $1 billion for EV technology research, battery swapping network expansion, and balance sheet strengthening.

NIO Inc. announced a proposed equity offering of up to 181,818,190 Class A ordinary shares, with plans to use proceeds for research and development, technology platforms, network expansion, and strengthening its balance sheet.

Ahead of Q2 earnings, the article analyzes the performance and valuation of Tesla, General Motors, and Ford Motor, highlighting their growth in electric vehicle sales. It suggests that General Motors and Ford may be better buying opportunities compared to Tesla due to their cheaper valuations.