The Zhitong Finance App learned that NEV stocks generally declined before the US stock market on March 4 (Thursday). As of 20:10 Beijing time, NIO (NIO.US) fell nearly 4%, and Ideal Auto (LI.US) fell more than 3%. Tesla (TSLA.US) previously fell more than 2%, but has now rebounded, falling by more than 1%.

According to the news, J.P. Morgan published a research report on NIO, saying that compared to performance losses exceeding expectations and potential production restrictions, it is more concerned that issuing new shares will dilute existing shareholders' rights. The bank lowered its target price from $75 to $70. Also, Tesla software hacker Green tweeted that Tesla admits that there are problems with sensors in some of its Model 3 and Model Y, and may secretly completely recall the problematic models.