This Threat Could Keep NIO Stock Under $10 (for a Long Time)

InvestorPlace2023-11-23

Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...

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

Arbunsah
2023-11-23
Arbunsah
Ups....
MyntOo
2023-11-23
MyntOo
ho
Wealth98
2023-11-23
Wealth98
When such negative article written to press down a stock price , just wait and see , the stock price will reverse .
King19
2023-11-23
King19
😂
FGP
2023-11-23
FGP
Zzzzzzzzzz

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2385622376?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-11-23 12:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2385622376","market":"us","top_or_hot":-1,"title":"This Threat Could Keep NIO Stock Under $10 (for a Long Time)","media":"InvestorPlace","content":"<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Threat Could Keep NIO Stock Under $10 (for a Long Time)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Threat Could Keep NIO Stock Under $10 (for a Long Time)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4532","symbol_name":"文艺复兴科技持仓","start_time":0,"source_url":"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/","article_id":"2385622376","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2385622376","pubTimestamp":1700712000,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Nio’s(NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition fromTesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.S","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4532":"文艺复兴科技持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4592":"伊斯兰概念","BK4531":"中概回港概念","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4534":"瑞士信贷持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4555":"新能源车","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1548497426.USD":"安联环球人工智能AT Acc","NIO":"蔚来","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4509":"腾讯概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","NIO.SI":"蔚来","BK4527":"明星科技股","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4526":"热门中概股","BK4588":"碎股","BK4574":"无人驾驶","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4505":"高瓴资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4581":"高盛持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4504":"桥水持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0052750758.USD":"富兰克林中国基金A Acc","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","09866":"蔚来-SW"},"translate_title":"这一威胁可能会使蔚来股价（在很长一段时间内）保持在10美元以下","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO.SI":1.1,"09866":1.1,"NIO":1.1},"content_text":"Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.Source: Michael Vi / Shutterstock.comCompetition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.Good and Bad News for NIO Stock InvestorsWithout a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.This doesn’t tell the full story, though. As Louis Navellier and the InvestorPlace research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, InvestorPlace‘s Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”Rival’s Cheaper EV Will Be a Problem for NioNIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from Tesla (NASDAQ:TSLA). As you probably know, Tesla started a price war that has put pressure on rival EV makers.Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.According to a Bloomberg report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.Don’t Wait Around for NIO Stock to RecoverNio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.","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":244487440863304,"gmtCreate":1700713223103,"gmtModify":1700715126428,"author":{"id":"4163657155511042","authorId":"4163657155511042","name":"Arbunsah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4163657155511042","authorIdStr":"4163657155511042"},"htmlText":"Ups....","listText":"Ups....","text":"Ups....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244487440863304","repostId":2385622376,"repostType":2,"repost":{"id":"2385622376","pubTimestamp":1700712000,"share":"https://ttm.financial/m/news/2385622376?lang=&edition=fundamental","pubTime":"2023-11-23 12:00","market":"sg","language":"en","title":"This Threat Could Keep NIO Stock Under $10 (for a Long Time)","url":"https://stock-news.laohu8.com/highlight/detail?id=2385622376","media":"InvestorPlace","summary":"Nio’s(NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition fromTesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.S","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong>NIO</strong>) layoffs signal trouble for the electric vehicle maker.</p></li><li><p>Furthermore, Nio will have to face competition from <strong>Tesla’s</strong> cheaper EV model in Europe.</p></li><li><p>Investors should be cautious with NIO stock now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f283dcf01ba7103e8690f23edfaaf8f\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker <strong>Nio</strong> (NYSE:<strong>NIO</strong>) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.</p><p>Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.</p><h2 id=\"id_1466800877\">Good and Bad News for NIO Stock Investors</h2><p>Without a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.</p><p>This doesn’t tell the full story, though. As Louis Navellier and the <em>InvestorPlace</em> research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, <em>InvestorPlace</em>‘<em>s</em> Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.</p><p>Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.</p><p>Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”</p><h2 id=\"id_108604065\">Rival’s Cheaper EV Will Be a Problem for Nio</h2><p>NIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.</p><p>As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>). As you probably know, Tesla started a price war that has put pressure on rival EV makers.</p><p>Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.</p><p>According to a <em>Bloomberg</em> report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.</p><p>Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.</p><p>“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.</p><h2 id=\"id_3534942982\">Don’t Wait Around for NIO Stock to Recover</h2><p>Nio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.</p><p>Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Threat Could Keep NIO Stock Under $10 (for a Long Time)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Threat Could Keep NIO Stock Under $10 (for a Long Time)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4527":"明星科技股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4526":"热门中概股","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","NIO":"蔚来","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4574":"无人驾驶","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0823414478.USD":"法巴经典能源转换基金","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","09866":"蔚来-SW","BK4504":"桥水持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4531":"中概回港概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4534":"瑞士信贷持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","NIO.SI":"蔚来","BK4509":"腾讯概念"},"source_url":"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385622376","content_text":"Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.Source: Michael Vi / Shutterstock.comCompetition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.Good and Bad News for NIO Stock InvestorsWithout a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.This doesn’t tell the full story, though. As Louis Navellier and the InvestorPlace research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, InvestorPlace‘s Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”Rival’s Cheaper EV Will Be a Problem for NioNIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from Tesla (NASDAQ:TSLA). As you probably know, Tesla started a price war that has put pressure on rival EV makers.Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.According to a Bloomberg report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.Don’t Wait Around for NIO Stock to RecoverNio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":244483522801760,"gmtCreate":1700712465252,"gmtModify":1700715117716,"author":{"id":"4163729820610512","authorId":"4163729820610512","name":"MyntOo","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4163729820610512","authorIdStr":"4163729820610512"},"htmlText":"ho","listText":"ho","text":"ho","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244483522801760","repostId":2385622376,"repostType":2,"repost":{"id":"2385622376","pubTimestamp":1700712000,"share":"https://ttm.financial/m/news/2385622376?lang=&edition=fundamental","pubTime":"2023-11-23 12:00","market":"sg","language":"en","title":"This Threat Could Keep NIO Stock Under $10 (for a Long Time)","url":"https://stock-news.laohu8.com/highlight/detail?id=2385622376","media":"InvestorPlace","summary":"Nio’s(NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition fromTesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.S","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong>NIO</strong>) layoffs signal trouble for the electric vehicle maker.</p></li><li><p>Furthermore, Nio will have to face competition from <strong>Tesla’s</strong> cheaper EV model in Europe.</p></li><li><p>Investors should be cautious with NIO stock now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f283dcf01ba7103e8690f23edfaaf8f\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker <strong>Nio</strong> (NYSE:<strong>NIO</strong>) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.</p><p>Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.</p><h2 id=\"id_1466800877\">Good and Bad News for NIO Stock Investors</h2><p>Without a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.</p><p>This doesn’t tell the full story, though. As Louis Navellier and the <em>InvestorPlace</em> research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, <em>InvestorPlace</em>‘<em>s</em> Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.</p><p>Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.</p><p>Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”</p><h2 id=\"id_108604065\">Rival’s Cheaper EV Will Be a Problem for Nio</h2><p>NIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.</p><p>As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>). As you probably know, Tesla started a price war that has put pressure on rival EV makers.</p><p>Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.</p><p>According to a <em>Bloomberg</em> report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.</p><p>Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.</p><p>“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.</p><h2 id=\"id_3534942982\">Don’t Wait Around for NIO Stock to Recover</h2><p>Nio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.</p><p>Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Threat Could Keep NIO Stock Under $10 (for a Long Time)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Threat Could Keep NIO Stock Under $10 (for a Long Time)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4527":"明星科技股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4526":"热门中概股","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","NIO":"蔚来","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4574":"无人驾驶","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0823414478.USD":"法巴经典能源转换基金","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","09866":"蔚来-SW","BK4504":"桥水持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4531":"中概回港概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4534":"瑞士信贷持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","NIO.SI":"蔚来","BK4509":"腾讯概念"},"source_url":"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385622376","content_text":"Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.Source: Michael Vi / Shutterstock.comCompetition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.Good and Bad News for NIO Stock InvestorsWithout a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.This doesn’t tell the full story, though. As Louis Navellier and the InvestorPlace research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, InvestorPlace‘s Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”Rival’s Cheaper EV Will Be a Problem for NioNIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from Tesla (NASDAQ:TSLA). As you probably know, Tesla started a price war that has put pressure on rival EV makers.Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.According to a Bloomberg report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.Don’t Wait Around for NIO Stock to RecoverNio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":244483418042368,"gmtCreate":1700712365204,"gmtModify":1700712369555,"author":{"id":"3575503097657037","authorId":"3575503097657037","name":"Wealth98","avatar":"https://static.tigerbbs.com/91e78f617644143fd9a0573a2d063a8b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575503097657037","authorIdStr":"3575503097657037"},"htmlText":"When such negative article written to press down a stock price , just wait and see , the stock price will reverse .&nbsp;","listText":"When such negative article written to press down a stock price , just wait and see , the stock price will reverse .&nbsp;","text":"When such negative article written to press down a stock price , just wait and see , the stock price will reverse .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244483418042368","repostId":2385622376,"repostType":2,"repost":{"id":"2385622376","pubTimestamp":1700712000,"share":"https://ttm.financial/m/news/2385622376?lang=&edition=fundamental","pubTime":"2023-11-23 12:00","market":"sg","language":"en","title":"This Threat Could Keep NIO Stock Under $10 (for a Long Time)","url":"https://stock-news.laohu8.com/highlight/detail?id=2385622376","media":"InvestorPlace","summary":"Nio’s(NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition fromTesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.S","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong>NIO</strong>) layoffs signal trouble for the electric vehicle maker.</p></li><li><p>Furthermore, Nio will have to face competition from <strong>Tesla’s</strong> cheaper EV model in Europe.</p></li><li><p>Investors should be cautious with NIO stock now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f283dcf01ba7103e8690f23edfaaf8f\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker <strong>Nio</strong> (NYSE:<strong>NIO</strong>) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.</p><p>Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.</p><h2 id=\"id_1466800877\">Good and Bad News for NIO Stock Investors</h2><p>Without a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.</p><p>This doesn’t tell the full story, though. As Louis Navellier and the <em>InvestorPlace</em> research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, <em>InvestorPlace</em>‘<em>s</em> Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.</p><p>Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.</p><p>Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”</p><h2 id=\"id_108604065\">Rival’s Cheaper EV Will Be a Problem for Nio</h2><p>NIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.</p><p>As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>). As you probably know, Tesla started a price war that has put pressure on rival EV makers.</p><p>Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.</p><p>According to a <em>Bloomberg</em> report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.</p><p>Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.</p><p>“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.</p><h2 id=\"id_3534942982\">Don’t Wait Around for NIO Stock to Recover</h2><p>Nio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.</p><p>Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Threat Could Keep NIO Stock Under $10 (for a Long Time)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Threat Could Keep NIO Stock Under $10 (for a Long Time)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4527":"明星科技股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4526":"热门中概股","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","NIO":"蔚来","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4574":"无人驾驶","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0823414478.USD":"法巴经典能源转换基金","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","09866":"蔚来-SW","BK4504":"桥水持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4531":"中概回港概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4534":"瑞士信贷持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","NIO.SI":"蔚来","BK4509":"腾讯概念"},"source_url":"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385622376","content_text":"Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.Source: Michael Vi / Shutterstock.comCompetition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.Good and Bad News for NIO Stock InvestorsWithout a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.This doesn’t tell the full story, though. As Louis Navellier and the InvestorPlace research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, InvestorPlace‘s Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”Rival’s Cheaper EV Will Be a Problem for NioNIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from Tesla (NASDAQ:TSLA). As you probably know, Tesla started a price war that has put pressure on rival EV makers.Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.According to a Bloomberg report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.Don’t Wait Around for NIO Stock to RecoverNio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":244482474942576,"gmtCreate":1700712129706,"gmtModify":1700712133382,"author":{"id":"4088135301967120","authorId":"4088135301967120","name":"King19","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4088135301967120","authorIdStr":"4088135301967120"},"htmlText":"😂&nbsp;","listText":"😂&nbsp;","text":"😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244482474942576","repostId":2385622376,"repostType":2,"repost":{"id":"2385622376","pubTimestamp":1700712000,"share":"https://ttm.financial/m/news/2385622376?lang=&edition=fundamental","pubTime":"2023-11-23 12:00","market":"sg","language":"en","title":"This Threat Could Keep NIO Stock Under $10 (for a Long Time)","url":"https://stock-news.laohu8.com/highlight/detail?id=2385622376","media":"InvestorPlace","summary":"Nio’s(NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition fromTesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.S","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong>NIO</strong>) layoffs signal trouble for the electric vehicle maker.</p></li><li><p>Furthermore, Nio will have to face competition from <strong>Tesla’s</strong> cheaper EV model in Europe.</p></li><li><p>Investors should be cautious with NIO stock now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f283dcf01ba7103e8690f23edfaaf8f\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker <strong>Nio</strong> (NYSE:<strong>NIO</strong>) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.</p><p>Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.</p><h2 id=\"id_1466800877\">Good and Bad News for NIO Stock Investors</h2><p>Without a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.</p><p>This doesn’t tell the full story, though. As Louis Navellier and the <em>InvestorPlace</em> research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, <em>InvestorPlace</em>‘<em>s</em> Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.</p><p>Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.</p><p>Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”</p><h2 id=\"id_108604065\">Rival’s Cheaper EV Will Be a Problem for Nio</h2><p>NIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.</p><p>As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>). As you probably know, Tesla started a price war that has put pressure on rival EV makers.</p><p>Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.</p><p>According to a <em>Bloomberg</em> report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.</p><p>Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.</p><p>“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.</p><h2 id=\"id_3534942982\">Don’t Wait Around for NIO Stock to Recover</h2><p>Nio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.</p><p>Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Threat Could Keep NIO Stock Under $10 (for a Long Time)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Threat Could Keep NIO Stock Under $10 (for a Long Time)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4527":"明星科技股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4526":"热门中概股","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","NIO":"蔚来","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4574":"无人驾驶","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0823414478.USD":"法巴经典能源转换基金","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","09866":"蔚来-SW","BK4504":"桥水持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4531":"中概回港概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4534":"瑞士信贷持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","NIO.SI":"蔚来","BK4509":"腾讯概念"},"source_url":"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385622376","content_text":"Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.Source: Michael Vi / Shutterstock.comCompetition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.Good and Bad News for NIO Stock InvestorsWithout a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.This doesn’t tell the full story, though. As Louis Navellier and the InvestorPlace research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, InvestorPlace‘s Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”Rival’s Cheaper EV Will Be a Problem for NioNIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from Tesla (NASDAQ:TSLA). As you probably know, Tesla started a price war that has put pressure on rival EV makers.Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.According to a Bloomberg report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.Don’t Wait Around for NIO Stock to RecoverNio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":244400338981088,"gmtCreate":1700692111628,"gmtModify":1700692115748,"author":{"id":"3584079457608282","authorId":"3584079457608282","name":"FGP","avatar":"https://community-static.tradeup.com/news/4f96275867e9fcc09f90747c0edcd143","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":9,"crmLevelSwitch":1,"idStr":"3584079457608282","authorIdStr":"3584079457608282"},"htmlText":"Zzzzzzzzzz","listText":"Zzzzzzzzzz","text":"Zzzzzzzzzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244400338981088","repostId":2385622376,"repostType":2,"repost":{"id":"2385622376","pubTimestamp":1700712000,"share":"https://ttm.financial/m/news/2385622376?lang=&edition=fundamental","pubTime":"2023-11-23 12:00","market":"sg","language":"en","title":"This Threat Could Keep NIO Stock Under $10 (for a Long Time)","url":"https://stock-news.laohu8.com/highlight/detail?id=2385622376","media":"InvestorPlace","summary":"Nio’s(NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition fromTesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.S","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong>NIO</strong>) layoffs signal trouble for the electric vehicle maker.</p></li><li><p>Furthermore, Nio will have to face competition from <strong>Tesla’s</strong> cheaper EV model in Europe.</p></li><li><p>Investors should be cautious with NIO stock now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f283dcf01ba7103e8690f23edfaaf8f\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker <strong>Nio</strong> (NYSE:<strong>NIO</strong>) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.</p><p>Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.</p><h2 id=\"id_1466800877\">Good and Bad News for NIO Stock Investors</h2><p>Without a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.</p><p>This doesn’t tell the full story, though. As Louis Navellier and the <em>InvestorPlace</em> research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, <em>InvestorPlace</em>‘<em>s</em> Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.</p><p>Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.</p><p>Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”</p><h2 id=\"id_108604065\">Rival’s Cheaper EV Will Be a Problem for Nio</h2><p>NIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.</p><p>As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>). As you probably know, Tesla started a price war that has put pressure on rival EV makers.</p><p>Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.</p><p>According to a <em>Bloomberg</em> report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.</p><p>Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.</p><p>“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.</p><h2 id=\"id_3534942982\">Don’t Wait Around for NIO Stock to Recover</h2><p>Nio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.</p><p>Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Threat Could Keep NIO Stock Under $10 (for a Long Time)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Threat Could Keep NIO Stock Under $10 (for a Long Time)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4527":"明星科技股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4526":"热门中概股","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","NIO":"蔚来","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4574":"无人驾驶","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0823414478.USD":"法巴经典能源转换基金","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","09866":"蔚来-SW","BK4504":"桥水持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4531":"中概回港概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4534":"瑞士信贷持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","NIO.SI":"蔚来","BK4509":"腾讯概念"},"source_url":"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385622376","content_text":"Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.Source: Michael Vi / Shutterstock.comCompetition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.Good and Bad News for NIO Stock InvestorsWithout a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.This doesn’t tell the full story, though. As Louis Navellier and the InvestorPlace research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, InvestorPlace‘s Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”Rival’s Cheaper EV Will Be a Problem for NioNIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from Tesla (NASDAQ:TSLA). As you probably know, Tesla started a price war that has put pressure on rival EV makers.Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.According to a Bloomberg report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.Don’t Wait Around for NIO Stock to RecoverNio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":22,"commentSize":5,"repostSize":5,"favoriteSize":2,"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/2385622376"}