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Nio’s deliveries are up despite EV turbulence, but its long history of unprofitability is concerning.
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SoFi looks like a more promising stock due to its crypto feature and strong demand for its additional financial products.
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The fintech company has an opportunity to meaningfully expand its profit margins in the years ahead.
Nio (NYSE: NIO) looked unstoppable during the pandemic’s height as many electric vehicle (EV) stocks outpaced the S&P 500. However, revenue deceleration and a lack of profitability have crushed Nio, causing its shares to drop by more than 90% over the past five years.
Although the EV narrative has been crumbling due to the U.S. EV tax credit’s expiration, Nio has continued to grow at a solid rate. The Chinese EV maker reported a 54.6% year-over-year increase in vehicle deliveries in December 2025.
That growth won’t mean much if Nio continues to lose money on its vehicles. Luckily, investors don’t have to commit to Nio stock for the long run. There are other companies that can deliver more compelling returns, including fintech company SoFi (NASDAQ: SOFI).
SoFi relaunched its crypto trading feature near the end of 2025, and it may turn into a long-term catalyst. Bitcoin‘s (CRYPTO: BTC) price has stabilized and may enjoy a rally if interest rates continue to drop and the economy remains strong.
A Bitcoin rally can increase trading activity in SoFi Crypto and boost attention for the company’s other financial products. Crypto trading can turn into a big deal, as Robinhood (NASDAQ: HOOD) investors saw when the company more than quadrupled its crypto transaction revenue in the third quarter.
SoFi may enjoy that type of momentum as more users trade crypto. The fintech company also launched a fully reserved stablecoin, which reflects a deepening commitment to the blockchain opportunity.
SoFi offers the same types of products you can find at traditional banks: Checking accounts, credit cards, brokerage accounts, loans, and other resources. However, SoFi has fewer overhead costs since it doesn’t have any physical locations.
While SoFi wasn’t always profitable, it eventually became profitable in fourth-quarter 2023. Less than two years later, SoFi is delivering double-digit net profit margins. Those margins are also coming with impressive revenue growth. Net sales increased by 38% year over year, while net income more than doubled.
