• 91
  • 8
  • Favorite

Nio Stock: Sell in May and Stay Away

InvestorPlace2023-05-14

Nio (NIO) refuses to reduce the price of its vehicles, which could turn out to be a big mistake.Furthermore, Nio’s April delivery numbers indicate slowing growth.Investors shouldn’t buy NIO stock in ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment8

  • Coyotero
    ·2023-05-15
    Not fear evaluation in your report, NIO refreshes every model and competes with bmw,... i think the best strategy for that is keeping prices. Even when Tesla is rising prices again for OLD models. Buy a Tesla if you want
    Reply
    Report
  • DavidHTW
    ·2023-05-15
    Thanks for the heads up
    Reply
    Report
  • KPTan
    ·2023-05-14
    Tq for sharing 
    Reply
    Report
  • Blueman13
    ·2023-05-14
    NIO is not a bad vehicle but not wanting to explore newer vision and stuck on the old or used strategies. What BYD did was real good in marketing.
    Reply
    Report
  • JC888
    ·2023-05-14
    Another shortsighted post. Obviously writer fails to understand the concept of luxury brand equity? Just ask yourself do you see Chanel or Hermes or Louis Vuitton having twice a year Annual Sales? Rest my case. This is exactly the kind of thing I mentioned in my NIO post dated 12 May 2023 on why I am still bullish about NIO.  If you have a bit of time do "Follow me" so that you could locate the post and read for yourself. Happy Sunday! 
    Reply
    Report
    Fold Replies
    • Aqa
      Thanks for sharing. This is a short one! Liked, shared and comment to support my friend. 👍🏻
      2023-05-15
      Reply
      Report
  • Nana30
    ·2023-05-14
    Very poorly conceived article.. NIO will bounce back in coming months... 
    Reply
    Report
  • Alvin2042
    ·2023-05-14
    We all know that Nio's apri deliveries is affected by the migration of the platform 1.0 to 2.0. We have to look at May and June deliveries to see the demand for new launches and new platform. 
    Reply
    Report
    Fold Replies
    • FGP
      Yes, read that too. Launch of EC7 ES6 and implementing solid-state battery this year and testing on ET5 Touring. NiO have the capabilities that not many EVs can match
      2023-05-14
      Reply
      Report
    • JC888
      Besides platform upgrade, NIO needed to calibrate the automated process to produce the new models of EVs set to be delivered in May and Jun. No mentioned of that in this post as well. It serves to throw shades and confuse.
      2023-05-14
      Reply
      Report
    • Chou93
      ok
      2023-05-14
      Reply
      Report
  • FGP
    ·2023-05-13
    Now that Tesla keep increasing price. So buy more NiO or sell? Please enlighten us, thank you
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial