Jim Cramer Says NIO "Probably Goes to $10, Then You Have to Sell It"

NIO Inc. (NYSE:NIO) is one of the stocks Jim Cramer was focused on recently. When a caller mentioned that they have a position in the stock, Cramer commented, “I don’t know. NIO is a, look, it probably goes to $10. Then you have to sell it, okay?”

NIO Inc. (NYSE:NIO) designs, manufactures, and sells smart electric SUVs and sedans. It also provides battery-swapping solutions, energy services, and develops electric powertrains and related components. On October 1, the company announced that it achieved new monthly and quarterly high deliveries.

In September, the company delivered 34,749 vehicles, up 64.1% year-over-year. In the quarter ending September 2025, the company delivered 87,071 vehicles, representing an increase of nearly 41% year-over-year. As of September 30, NIO Inc.’s (NYSE:NIO) cumulative deliveries reached 872,785. Additionally, during the August 8 episode, a caller inquired about the company’s stock, and Cramer replied:

“You know, I don’t think that that is a really terrific situation. I happen to think that there are better buys, and I think that market is flooded right now. Let’s stay away from that one.”

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Disclosure: None. This article is originally published at Insider Monkey.