I don't follow Tesla, Tesla, has their own advantages like the analyst pointed out. I am in business myself, as long as there is 60-70% chances of making it, i will go ahead and along the way improvise it. 1st execution is more important than talking. Got the strategy and road map right, like Nio ferociously executing it, then let the analyst keep analyzing, let Nio keep doing right things. Monitor their sales closely, For week till 22Dec, Nio & Onvo 7500 weekly delivery compared to Xpeng 7400. By revenue, Nio already top 3 compared to Aito and others. is closing in on Li Auto and other players. 

CATL also reaffirm NIO battery model by entering this market and market is big enough like petrol station with 3-5 players. So those car with battery swap bring many benefits to car purchaser. It will be a trend. CYVN is huge and long term. Given NIo market present and approval from user, government bodies and car safety rating agency. Nio is poised for further growth. i am an avid BMW fan and driving BMW many years. I went to Beijing this year to check out Nio car personally ( I am a Malaysian ) , I would definitely upgrade to NIo from BMW. BMW technology is at least 3 years behind NIo. Needless to say one should wonder why a new brand like Nio could master 45% in the premium market compete against the like of BMW, Mercedes and Audi. Now by lowering their price BBA could only maintain and

I think the analysis is load sided. For Nio pricing if they sell 1 Nio and 1 Onvo. The revenue is equivalent to 3.5 Xpeng cars ( g series plus cheap Mona ). So in terms of margin, with Onvo ramp up , they should edge Xpeng margin as well both in revenue and margin.  Yes competition is going greater is given. But at the same times there are many ev companies also have gone out of business.  With superior technology, greater value offered by Nio and other EV, legacy auto are dying given their slow response and not so great after sales service compared to Nio and Onvo. That is why we are seeing other legacy auto sales volume dropping greatly and pull out of market because not only is their price high but they are old technology. ET9 1st edition 999 units fully sold and order is

I observe this analyst Andy has been like yo-yo , he try to analyze And disect Nio to suit his agenda, sometimes he criticize and sometimes he praise, he really does not has a clear sense of conviction and  direction. He merely based his analysis on data which he always compare Apple to Durian. He is trained to look at figures which is nothing wrong and objective. But a company is more than number, it is about strategic deployment, it is about vision, it is about user experience, it is about execution. The analyst tends to look at the risk and pessimistic projected by figures. He conveniently forgotten that Nio also using powerful data to drive its business forward, he forget other competitors use dealership to grow business faster but Nio build its own direct network which is more co