NIO stock is heading for the moon!

snappyz
09-11

$NIO Inc.(NIO)$ $NIO-SW(09866)$ NIO has the winning business model.

Battery swap, partnering with other car manufacturers, partnering with power companies to help stabilize the grid, making their AI "God" 5 nanometer chip for autonomous driving. Their own Sky OS operating system, super neat phone to work with their cars. I could go on and on.

Plus, their sub brand cars for the mass market will lead them to profitability. China is also making it mandatory next March that all EV"S will have to pass a battery checkup. NIO checks all batteries coming into their battery swap stations. Many of their battery swap stations are paid by their partners. NIO's popularity is growing. The government is paying tech companies to innovate. NIO still has 5.7 billion dollars in the bank.

NIO stock is heading for the moon!

XPeng Beats While NIO Lags: Which EV Will You Bet?
XPeng jumps 4% in the premarket trading after it reported third-quarter revenue of 10.1 billion yuan, compared to 8.53 billion yuan in the same period last year. The market had anticipated revenue of 9.91 billion yuan. Nio drops 5% after earnings. Revenue was 18.6735 billion yuan, a year-on-year decrease of 2.1%. Net loss amounted to 5.0597 billion yuan, an increase of 11.0% compared to the same period last year. --------------- XPeng Beats, NIO Misses: Which EV Maker Do You Bet On Amid the Shake-Up? What's your target price?
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