$NIO Inc.(NIO)$ This drop over the last few days is sheer manipulation. Xpev earnings were good and Nio's will be even better. Xpev has to sell two cars for every one car that Nio sells. And we know Nio outsold Xpev. That together with all the contracts signed with Geely, Faw and several others will be great for earnings. Baas is a cash cow that will keep growing and growing. Hold on and dont be manipulated by the negative press.
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