snoozi
09-11

$NIO Inc.(NIO)$ $NIO-SW(09866)$ NIO unlike other times didn't have a nightmare Earnings and a bad Guidance. Margins improving. Sales increasing, there is light at the end of tunnel to profitability, also still have almost 6 billion in cash and has reduced cash burn to around $700 million quarterly so in the right direction but not out of woods. However for sure its stronger and stock won't crash as did before. $15 to $20 by June of 2025. Maybe $7 to $10 by December 2024.

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