Pros
The base pay is really good and pretty much beats any FAANG out there (I believe they did it to lure people from FAANG and hence lot of people from Apple work at NIO). But their stocks are peanuts so total comp is pretty much just the base pay. Free food, but the quality went down in recent months for cost cutting. And lesser and lesser snacks/drinks for the same reason too. Work was great too but not anymore due to most projects being transferred to China.
Cons
Its true that the company is going through hard times but that still would have been ok if the US management was honest and great. The Managing Director doesn't know how to talk but still talks for 60 mins every all hands by repeating the same 5 min lecture. The directors were basically Staff Engineers from other EV companies and the VPs were 1st level managers. But once they joined NIO, they got a huge title hike but ended up being clueless as to what and how to manage the organization. Most of them joined NIO to get up the management ladder but in turn screwed up the whole company with their in competencies.