Nio falls after short seller says the Chinese EV maker plays 'accounting games' to boost financial figures

Nio falls after short seller says the Chinese EV maker plays ‘accounting games’ to boost financial figures The Tesla rival was accused by the short seller of running “an audacious scheme” to inflate company financials. – Nio shares fell as much as 5% Wednesday after a short seller said the EV firm was playing “accounting games”. – A report by Grizzly Research claims that Nio had a fraudulent relationship with its partner Weineng, accounting for 60% of 2021 revenue. – “The report is without merit and contains numerous errors,” Nio said in a press release. Nio shares slid Wednesday after…