NIO Is Not The Next Tesla

Seeking Alpha2023-09-07

NIO faces challenges in the near and intermediate term due to a sluggish Chinese economy, rising costs, lower margins, increased competition, and Tesla's dominance.NIO's Q2 earnings missed consensus ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Lolollol
    2023-09-07
    Lolollol
    Can buy under $10-9
  • Ng Wee Guan
    2023-09-07
    Ng Wee Guan
    Very narrow view of the whole business model. Author did not take into consideration of Nio sub model business, battery swapping revenue, battery reliability issues and related impact cost of changing battery, total service package & etc. Tesla models after Ford business model for economy of scale so you have limited range of products. Tesla looks like selling on hype. Nio is positioned in the premium category and you won't see explosive sales volume for high end product. Cutting price for short term profit won't last long for a company. When company goes into price war that makes me worried. You won't see LV bags going for huge discount. The same analogy goes for this case
    • FGP: 
      Well said. Some w/o thinking juz said these is a joke comparing NiO to Tesla 🤭
  • BryanTJj
    2023-09-07
    BryanTJj
    No one say it is. NIO is a joke! How can it be compared with Tesla XD
    • Yonhuat: 
      I remember back in 2012. Many said tesla was a joke too
  • Gerardngo
    2023-09-07
    Gerardngo
    Joke by comparing against Tesla right now. They each run separately in their own race. 
  • King19
    2023-09-07
    King19
    So the real qns is... are you a speculator or an investor? Are you looking at 2-5 months or 2-5years??
  • NI0
    2023-09-07
    NI0
    NIO to 💯..... buy under 11... good price! 
Leave a comment
8
8