$NIO Inc.(NIO)$ $Tesla Motors(TSLA)$ In order to avoid Tesla sp drop and major sell off MMs just short NIO and other EVs ... The biggest meme stock is Tesla as its sp should be around $10 a share.. Artificially they keep Tesla's stock price 25× higher than where should be to use that as a reference point to encourage investors invest in all other EVs then they short all other EVs. Rivian and Lucid and many more bankrupted EVs are serving Tesla. once all money dried they will attack Tesla to bring its sp to earth to $10 a share or lower. This will happen in a few years. Until then I hope NIO survives and show some profitability to give its investors some of their lost money. SP of $15 to $20 a share for NIO by late 2025 or early 2026 is possible. Maybe a miracle by ONVO sales ? Let's see. Maybe some hope to profitability and $15 NIO sp by end of 2024.
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