Truda Harvey
12-11

$NIO Inc.(NIO)$ $NIO-SW(09866)$ NIO is down 8% today after yesterday's surge. Many misunderstand pullbacks. They're essential for building solid growth structures. Sustainable long-term growth needs healthy pullbacks. Why would you want to own an EV battery when prices are falling like a rock. Just lease the battery. Target remains $11.

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Comments

  • AnaiAnai
    12-11
    AnaiAnai
    Struggling at 5.00. Short seller is action?
    • AnaiAnai: 
      Last week new EV registration was also below expectation with 3700 units for Nio model and Onvo 1430 units. Onvo was plagued with BYD unable to supply enough battery caused the delay and customers maybe cancelling the order if unable to get their Onvo EV by this year end with government subsidy.
    • AnaiAnaiReplyTruda Harvey: 
      The worst is Nio still spending usd1/2 bil per Qtr on R&D on top of 1/2 bil on Operation expenses. This is killing Nio. Even the swap station is unable to breakeven with less than 30 swaps per station per day now. Nio needs 60 to 70 swap per station in order to breakeven only.
    • AnaiAnaiReplyTruda Harvey: 
      Over promised 30k EV delivery in 4th qtr 2023. Under delivered even after 1 year in Q4 2024.
    • Truda Harvey: 

      It's understandable that some investors may be concerned with the current price struggle. However, it's important to remember that short-term price movements don't always reflect the long-term potential of a company.

  • Kiat1989
    12-11
    Kiat1989
    the pullbacks seems endless
    • Truda Harvey: 

      Pullbacks offer opportunities for investors with a long-term perspective to buy at attractive valuations.

  • Adrian_Sun
    12-11
    Adrian_Sun
    @AnaiAnai you can always cut loss or leave this counter
  • vana17
    12-12
    vana17
    can I help learn
  • MdNasir
    12-12
    MdNasir

    👏👏👏

  • Adrian_Sun
    12-12
    Adrian_Sun
    Good read
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