PTOL
08-01

$NIO Inc.(NIO)$ I am a NIO bull, and have owned NIO for a while. But I will say NIO has a problem in that it has very expansive plans that cost a lot of money. I am supportive of these plans.... but who knows, maybe as they approach marginal profitability they decide to expand (just an example) into urban scooters to bring more people into the NIO ecosystem....and they tell us this will necessitate building a new factory, that the scooters will be available for delivery in 2026, with expected profitability in 2027.

Sales have been growing, and I hope we see the concrete results of the chip development/Onvo/phone in the near future.

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