It sounds like US is going through a bad feedback loop, while lower unemployment rate, higher wages, inflation may climb and interest hike will continues...the market will be like the sea wave to come and go. And longer term strategy and play defensive will be a better way to go and filter out all the short term noise.
As much I like NIO a lot, this article uses the word "believe" while there aren't too many mention about strategies of NIO to overcome their challenge in the terms price competition, deterioting margin and how NIO can be more efficient. What's presented in the article has been mentioned widely already after the earning call...the article would be more worthy to read if it can provide more insight rather than just the numbers that is available publically.
There is continuously and exponentially increase in demand and delivery for EV in the coming time, so the task for NIO is simple - keep producing and expand the production while keeping the cost low and maintaining great product quality, there will be then be no doubt about the stock price for its share, simple logic. Happy New year 2022, traders!
NIO delivered 91,429 vehicles in 2021 in total, increasing by 109.1% year-over-year
Company Achieved New Quarterly Record and Delivered a Total of 91,429 Vehicles in 2021NIO delivered 10,489 vehicles in December 2021, increasing by 49.7% year-over-yearNIO delivered 25,034 vehicles in
No basis and jerking here and there...? Pretty much like how Elon is screwing the crypto world. I say just ignore Cramer and make your own sense. Good luck.
As much as I would like to choose to believe in Cathie's projection, and with all the estimated number presented, the average market car sold per year is around 70 millions now, 10 million cars by Tesla in 2025 would be around 12-13% of global market, and with so many players in market diluting the share in a very quick pace, it might be a tough target to achieve in a sense of market share, $3000 per share for Tesla sounds too crazy. On the other words, from today $630 to say a sky plugged figure of $1500, that would be more like a quite possible dream to come true.