Who writes thrash like this ? China is the largest market for European car manufacturers, and Europe cannot afford to risk Chinese retaliation. Without China, the European luxury car market, particularly for German cars, would suffer significantly. In fact if China will retaliate, luxury brand like Nio will win the German luxury market in China. This is good news either way! Q3 will be a massive record Quarter That is the cause of the huge increase in bashers that has shown up here recently. Citadel and friends are desperate to cover. Everything points to 60,000+ cars sold in the quarter, that equates to at least 3 Billion US$ in Car sales, In addition to this$738.5 million in new capital from a fund owned by the Abu Dhabi government.
Nio Warning! Prepare for NIO Stock to Sputter and Stall Out
Well I already purchased it couple of months ago. After split the price will soar as everyone on this planet will be able to afford it and buy lots. So if youcan afford always buy before a stock split. Else time it and buy post split market open hours.
Amazon Stock Splits This Week: Should You Buy Now?
Sorry I will disagree. People said the same in 2020 when the stock hit 500 during Covid and then boom it was the only stock that reached 1000. Tesla islike Liverpool you cannot write them off yet. It will bounce back. In Elon musk I trust.
Ofcourse it is , nio by Oct 1st would have 57,000 deliveries and they also have a large battery swapping infra all over china , on par with tesla. The stock should hit 15 by November end.