$NIO Inc.(NIO)$ how come people say ET5 is Model 3 killer?
$Tesla Motors(TSLA)$ Model 3 insurance registrations last week were 6,6234 units, up 9.45 percent from the previous week. Model Y was 12,478 units, up 10.07 percent from the previous week.
NIO was 1,775 units last week, down from 2,170 units the week before. This includes 1,263 ET5s, 133 ES6s, 131 EC6s, 107 ES7s, 91 ET7s and 50 ES8s.
If NIO equals Tesla sales then NIO stock price will be $185 like Tesla. Its oversold now. Due for reversal
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