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The price of nio's shares has experienced an unstoppable decline over the past year I’ve put 15,000 km on the nio, driving all over china (well not quite, china is huge, but a fair chunk of the place). On the other hand, li auto has recovered all the losses incurred in the early months of 2023.
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For nio, now they have dried up all the free money and still hardly breakeven and generate only small portion of profits I’ve owned my nio ec6 for almost 2 months now and have used the battery swap service 7 times Comparing to nvda and amd where they are the top leaders in the sectors, not to mention niche (ai)
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Nio is in the thirty levels if you think possible low thirties as easy as saying possible run to 55 Give some reasons behind your thoughts Bin wang reiterated an outperform rating and $83 price target on nio shares, suggesting over 230% upside from current levels Nio has impending catalysts, including the delivery of the et7 sedan beginning on march 28, wang said.
Today's top content from hundreds of thousands of reddit communities. Nio et5 start at $45.000 without the battery For example geely galaxy e8 is s premium sedan for less then $24k with great technology, fast charging, great design. Nio has an interesting potential to possibly become the next gas station for evs however there is a lot of bads that come with the stock
I am personally invested in nio because i see battery swapping as a potential game changing tech, but i do not gamble what i cannot afford to lose.
I wish that nio could get the same valuation as pretty much any other ev company. Nio is an oxymoron stock due to massive manipulation. Shorting, fud, dark pool trading, & algorithmic trading. The manipulation toolbox is vast and apparently doesn't have a bottom.
The company is doing some great things, but no real recognition for their. Nio house a friend is visiting hong kong right now and i wanted to see where the closest nio house is so they could check out the cars The locations seem to be very hard to find on a google and google maps search It is great to see the ongoing progress of the european mapping/locations, but we need it globally too
