There are many, many good news

There are many, many good news and developments from Nio on the horizon (May deliveries, FSD, onvo launch, battery tech). In my opinion it is one of the most dynamic EV out there and I am tempted very much to open and hold a position.

Question is wether to buy now to catch possible upwards move after earnings and in my opinion its risky...may deliveries do not make up the loss of the quarter and profitability/margins can be impacted by the pre investment needed for all the good initiatives ongoing. Onvo will not add to the bottom line yet but re-tooling of the factory which costs money need to be done now.

6,- possible on forecast but I decided to monitor closely the earnings and see where it settles before jumping on board

At What Price Will You Bottom Nio?

Nio's Q1 revenue dropped 7.2% year-over-year and 42.1% quarter-over-quarter. After the earnings report, Nio plummeted 6.8%. ---------------- Are you still firmly holding Nio? What is the target price after the earnings report? At what price should you buy the dip?

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.

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