Nio Stock: Sell in May and Stay Away

InvestorPlace2023-05-14

Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furthermore, Nio’s April delivery numbers indicate slowing growth.Investors shouldn’t buy NIO stock in ...

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Comments

Coyotero
2023-05-15
Coyotero
Not fear evaluation in your report, NIO refreshes every model and competes with bmw,... i think the best strategy for that is keeping prices. Even when Tesla is rising prices again for OLD models. Buy a Tesla if you want
DavidHTW
2023-05-15
DavidHTW
Thanks for the heads up
KPTan
2023-05-14
KPTan
Tq for sharing
Blueman13
2023-05-14
Blueman13
NIO is not a bad vehicle but not wanting to explore newer vision and stuck on the old or used strategies. What BYD did was real good in marketing.
JC888
2023-05-14
JC888
Another shortsighted post. Obviously writer fails to understand the concept of luxury brand equity? Just ask yourself do you see Chanel or Hermes or Louis Vuitton having twice a year Annual Sales? Rest my case. This is exactly the kind of thing I mentioned in my NIO post dated 12 May 2023 on why I am still bullish about NIO. If you have a bit of time do "Follow me" so that you could locate the post and read for yourself. Happy Sunday!
- Aqa:
  Thanks for sharing. This is a short one! Liked, shared and comment to support my friend. 👍🏻
Nana30
2023-05-14
Nana30
Very poorly conceived article.. NIO will bounce back in coming months...

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Yet, it’s essential to dig into the numbers and put them in context before you think about buying NIO stock. Moreover, Nio’s stubborn refusal to budge on the issue of vehicle price cuts is probably a huge mistake.Along with the company’s other issues and obstacles, Nio has to deal with fierce competition from rival EV maker Tesla (NASDAQ: TSLA). This task will only be more difficult if Nio’s management isn’t flexible in its business strategy.As Nio stays the course with a questionable business strategy, the automaker’s stakeholders might consider bailing. Otherwise, they could end up underwater on their investment in Nio during the month of May.Nio Won’t Slash Its EV PricesIt’s no secret that the global economy isn’t running on all cylinders. Supply chain constraints, geopolitical tensions, sticky inflation, and recession anxiety continue to impact the fragile balance of supply and demand in the EV market.Tesla responded to these issues with a well-documented series of price cuts. You may or may not like Tesla, but it’s hard to deny that lowering EV prices should make the company more competitive.In stark contrast to Tesla, Nio CEO William Li declared, “For us, we will certainly not join the price war.” Li justified this statement by claiming that Nio’s EVs “are superior to the Model 3 and Model Y in terms of design, technology and performance.”Tesla has many fans around the world, and they would very likely disagree with Li’s declaration of Nio’s superiority. Furthermore, Li just doesn’t seem to want to cater to value-seeking customers’ needs. Reportedly, Li asserted that Tesla’s “price reductions lower the EVs’ residual value. Such actions … are simply detrimental to customers.”NIO Stock Falls After Release of Delivery NumbersFinancial traders watch closely for Nio’s vehicle delivery numbers, which are typically released on a monthly basis. As it turned out, Nio delivered 10,378 vehicles in March. Did the automaker show improvement in April, though?Nio tried to spin its April delivery data as positive, but investors should look at the bigger picture. The company emphasized that its April EV deliveries rose 31.2% year over year. That’s not the whole story, though, as Nio’s 6,658 deliveries for April indicated a sharp slowdown compared to the deliveries in March.Notably, NIO stock fell after Nio issued the press release. This is a clear sign that investors weren’t too impressed with the company’s results, as they surely discerned an alarming trend in the delivery data.NIO Stock Is a Sell in MayIt’s understandable if Nio’s investors insisted that Li should be more responsive and flexible concerning vehicle price reductions. There’s no clear indication, though, that the CEO will actually back down from his policy on price cuts.Meanwhile, traders should be wary of Nio’s attempt to put a positive spin on its EV delivery data. So, at the end of the day, it’s wise to steer clear of NIO stock in May.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9970372077,"gmtCreate":1684091692499,"gmtModify":1684091697888,"author":{"id":"4088603056259110","authorId":"4088603056259110","name":"Coyotero","avatar":"https://static.tigerbbs.com/574bc8dfeae125970c5216cebb00264f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4088603056259110","idStr":"4088603056259110"},"htmlText":"Not fear evaluation in your&nbsp;report, NIO refreshes every model and competes with bmw,... i think the best strategy for that is keeping prices. Even when Tesla is rising prices again for OLD models. Buy a Tesla if you want","listText":"Not fear evaluation in your&nbsp;report, NIO refreshes every model and competes with bmw,... i think the best strategy for that is keeping prices. Even when Tesla is rising prices again for OLD models. Buy a Tesla if you want","text":"Not fear evaluation in your report, NIO refreshes every model and competes with bmw,... i think the best strategy for that is keeping prices. Even when Tesla is rising prices again for OLD models. Buy a Tesla if you want","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970372077","repostId":2335202640,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970379643,"gmtCreate":1684080582982,"gmtModify":1684080586777,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"4094706538255210","idStr":"4094706538255210"},"htmlText":"Thanks for the heads up","listText":"Thanks for the heads up","text":"Thanks for the heads up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970379643","repostId":2335202640,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970348428,"gmtCreate":1684049785865,"gmtModify":1684049790067,"author":{"id":"4089242101506430","authorId":"4089242101506430","name":"KPTan","avatar":"https://static.tigerbbs.com/6d16c608c834afdaf5cdb810b6196a28","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4089242101506430","idStr":"4089242101506430"},"htmlText":"Tq for sharing&nbsp;","listText":"Tq for sharing&nbsp;","text":"Tq for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970348428","repostId":2335202640,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970343859,"gmtCreate":1684037682372,"gmtModify":1684037687808,"author":{"id":"3551240289585145","authorId":"3551240289585145","name":"Blueman13","avatar":"https://static.tigerbbs.com/23efe343c897f3547114a2af3018369c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3551240289585145","idStr":"3551240289585145"},"htmlText":"NIO is not a bad vehicle but not wanting to explore newer vision and stuck on the old or used strategies. What BYD did was real good in marketing.","listText":"NIO is not a bad vehicle but not wanting to explore newer vision and stuck on the old or used strategies. What BYD did was real good in marketing.","text":"NIO is not a bad vehicle but not wanting to explore newer vision and stuck on the old or used strategies. What BYD did was real good in marketing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970343859","repostId":2335202640,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970349547,"gmtCreate":1684033662590,"gmtModify":1684033668005,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3570103090255456","idStr":"3570103090255456"},"htmlText":"Another shortsighted post. Obviously writer fails to understand the concept of luxury brand equity? Just ask yourself do you see Chanel or Hermes or Louis Vuitton having twice a year Annual Sales? Rest my case. This is exactly the kind of thing I mentioned in my NIO post dated 12 May 2023 on why I am still bullish about NIO.&nbsp; If you have a bit of time do \"Follow me\" so that you could locate the post and read for yourself. Happy Sunday!&nbsp;","listText":"Another shortsighted post. Obviously writer fails to understand the concept of luxury brand equity? Just ask yourself do you see Chanel or Hermes or Louis Vuitton having twice a year Annual Sales? Rest my case. This is exactly the kind of thing I mentioned in my NIO post dated 12 May 2023 on why I am still bullish about NIO.&nbsp; If you have a bit of time do \"Follow me\" so that you could locate the post and read for yourself. Happy Sunday!&nbsp;","text":"Another shortsighted post. Obviously writer fails to understand the concept of luxury brand equity? Just ask yourself do you see Chanel or Hermes or Louis Vuitton having twice a year Annual Sales? Rest my case. This is exactly the kind of thing I mentioned in my NIO post dated 12 May 2023 on why I am still bullish about NIO. If you have a bit of time do \"Follow me\" so that you could locate the post and read for yourself. Happy Sunday!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9970349547","repostId":2335202640,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":106360770,"gmtCreate":1684160848561,"gmtModify":1684160854775,"authorId":4091884160412060,"author":{"id":4091884160412060,"idStr":"4091884160412060","authorId":4091884160412060,"name":"Aqa","avatar":"https://community-static.tradeup.com/news/4a899a6e247bc68815d3a2da3b82a81a","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.21","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":9970349547,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Thanks for sharing. This is a short one! Liked, shared and comment to support my friend. 👍🏻</span>","text":"<span class=\"s1\">Thanks for sharing. This is a short one! Liked, shared and comment to support my friend. 👍🏻</span>","html":"<span class=\"s1\">Thanks for sharing. This is a short one! Liked, shared and comment to support my friend. 👍🏻</span>"}],"langContent":"EN"},{"id":9970349236,"gmtCreate":1684033610326,"gmtModify":1684033614340,"author":{"id":"4117957040918852","authorId":"4117957040918852","name":"Nana30","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"4117957040918852","idStr":"4117957040918852"},"htmlText":"Very poorly conceived article.. NIO will bounce back in coming months...&nbsp;","listText":"Very poorly conceived article.. NIO will bounce back in coming months...&nbsp;","text":"Very poorly conceived article.. NIO will bounce back in coming months...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970349236","repostId":2335202640,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":91,"commentSize":8,"repostSize":6,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2335202640"}