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SabM

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- SabMSabM
  ·2021-08-02
  Remember we ship out cars to Norway and these will not be reported till Sept delivery. July delivery numbers are lower because Nio report China only
  NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading
  $NIO Inc.$ delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.
  NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading
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- SabMSabM
  ·2021-04-23
  I wasted my time reading this article. Every stock is a risk but a calculated one. Nio i repeat only Nio has BAAS that allow u to swap battery for less than 5 mins. 6% of Nio revenue come from non car sales. Nio life sell every things from wine, furniture to clothing. Tell me which are car companies have such set up? Plse do more research if u wanna short Nio.
  Nio Is in the Eye of the Storm, So Avoid It
  Despite hanging tight between $35 and $40, NIO stock could be ready to take another tumble. With sh
  Nio Is in the Eye of the Storm, So Avoid It
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July delivery numbers are lower because Nio report China only","listText":"Remember we ship out cars to Norway and these will not be reported till Sept delivery. July delivery numbers are lower because Nio report China only","text":"Remember we ship out cars to Norway and these will not be reported till Sept delivery. July delivery numbers are lower because Nio report China only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805550950","repostId":"1193646270","repostType":4,"repost":{"id":"1193646270","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627891794,"share":"https://ttm.financial/m/news/1193646270?lang=&edition=fundamental","pubTime":"2021-08-02 16:09","market":"us","language":"en","title":"NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1193646270","media":"Tiger Newspress","summary":" $NIO Inc.$ delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.","content":"<p>(August&nbsp;2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p>\n<p>NIO rose about 1% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-02 16:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August&nbsp;2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p>\n<p>NIO rose about 1% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193646270","content_text":"(August 2) NIO Inc. delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.\nNIO rose about 1% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372996593,"gmtCreate":1619165943812,"gmtModify":1704720647262,"author":{"id":"3576623724892435","authorId":"3576623724892435","name":"SabM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576623724892435","authorIdStr":"3576623724892435"},"themes":[],"htmlText":"I wasted my time reading this article. Every stock is a risk but a calculated one. Nio i repeat only Nio has BAAS that allow u to swap battery for less than 5 mins. 6% of Nio revenue come from non car sales. Nio life sell every things from wine, furniture to clothing. Tell me which are car companies have such set up? Plse do more research if u wanna short Nio.&nbsp;","listText":"I wasted my time reading this article. Every stock is a risk but a calculated one. Nio i repeat only Nio has BAAS that allow u to swap battery for less than 5 mins. 6% of Nio revenue come from non car sales. Nio life sell every things from wine, furniture to clothing. Tell me which are car companies have such set up? Plse do more research if u wanna short Nio.&nbsp;","text":"I wasted my time reading this article. Every stock is a risk but a calculated one. Nio i repeat only Nio has BAAS that allow u to swap battery for less than 5 mins. 6% of Nio revenue come from non car sales. Nio life sell every things from wine, furniture to clothing. Tell me which are car companies have such set up? Plse do more research if u wanna short Nio.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372996593","repostId":"1183187087","repostType":2,"repost":{"id":"1183187087","pubTimestamp":1619150313,"share":"https://ttm.financial/m/news/1183187087?lang=&edition=fundamental","pubTime":"2021-04-23 11:58","market":"us","language":"en","title":"Nio Is in the Eye of the Storm, So Avoid It","url":"https://stock-news.laohu8.com/highlight/detail?id=1183187087","media":"InvestorPlace","summary":"Despite hanging tight between $35 and $40, NIO stock could be ready to take another tumble.\n\nWith sh","content":"<blockquote>\n Despite hanging tight between $35 and $40, NIO stock could be ready to take another tumble.\n</blockquote>\n<p>With shares holding steady for the past month, should you buy the pullback in electric-vehicle (EV) maker<b>Nio</b>(NYSE:<b><u>NIO</u></b>)? Not so fast. NIO stock still remains popular among investors, even after its more than 40% slide from its all-time highs.</p>\n<p>As I detailed back on Apr. 9, investors were satisfied with itssolid March delivery numbers. However, that’s still not enough to sustain today’s valuation, much less a rebound back towards prior highs of around $60 and beyond. Upcoming news could put more pressure on this stock, which was one of 2020’s top performers.</p>\n<p>What sorts of new developments could hurt Nio? Mainly, the potential for April delivery numbers to fall short of expectations. March numbers, which showed a month-over-month increase of around 30%, may have been sufficient. But given much of that increase was due to the Lunar New Year falling in the prior month, this month’s sequential growth could be substantially lower.</p>\n<p>Subsequent developments could show that sales growth for 2021 will fall short ofanalyst projectionsof 107%. If Nio fails to deliver in the growth department, it’ll be tough for shares to maintain their still-premium valuation with a forward price-to-sales (P/S) ratio of around 11.8.</p>\n<p>Some may believe Nio’s upcoming expansion overseas — which I’ll detail soon — could move the needle again. However, it’s too early to tell whether that will be the case. With more at play to sink it than send it higher, continue to avoid NIO stock.</p>\n<p>NIO Stock and Rising Competition in China</p>\n<p>Until we see April delivery numbers, which will hit in early May, it’s a bit premature to write Nio off completely. The company<i>could</i>deliver blockbuster numbers for April, proving longtime bears on this stock (such as myself) wrong once again.</p>\n<p>Yet, there’s still plenty at play to back up the idea that present and future results will fall short. How so? Namely, competition. I’ve previously detailed how not only competition from China-based rivals — like<b>BYD Company</b>(OTCMKTS:<b><u>BYDDF</u></b>) and<b>Xpeng</b>(NYSE:<b><u>XPEV</u></b>) — but also global competition from<b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>),<b>Volkswagen</b>(OTCMKTS:<b><u>VWAGY</u></b>) and others could affect growth.</p>\n<p>This factor alone could negatively impact Nio’s delivery numbers in the near-term. The result? Much lower-than-expected growth in 2021, which in turn could drive a further retraction in the valuation of NIO stock.</p>\n<p>And in the long-term? Based on recent remarks from Deutsche Bank’s Edison Yu, there could beanother competitive threaton the horizon. That would be the possibility of non-automotive Chinese companies like<b>Baidu</b>(NASDAQ:<b><u>BIDU</u></b>),<b>Foxconn</b>&nbsp;and even<b>Huawei</b>throwing their hat into the EV ring.</p>\n<p>It may take years for these companies to enter the automotive space. However, that could nevertheless prevent Nio, which is still a small player, from growing into the major name its current $64.8 billion market capitalization implies. Because of this, Nio’s planned expansion into Europe really needs to go off without a hitch.</p>\n<p><b>Global Expansion May Not Save the Day</b></p>\n<p>As<i>InvestorPlace’s</i>Brenden Rearick wrote on Apr. 16, Nio is making progress in its plans toenter the European market. On May 6, the company will complete its initial expansion there, with its first showroom slated to open in Norway.</p>\n<p>Of course, moving into Europe will help the company diversify geographically. On top of that, though, it could pave the way for Nio’s eventual expansion into North America. Most of Nio’s valuation hinges on its expected growth in its home market. But another factor in its high market cap is the<i>expectation</i>that it will become the “next Tesla,” a major force in the global EV market.</p>\n<p>It’s still too early to tell whether this global expansion will pay off, though. Naturally, these new markets will be just as competitive, if not more, than Nio’s home market. For instance, Volkswagen will have a big advantage, with Europe being its home turf.<b>Daimler</b>(OTCMKTS:<b><u>DMLRY</u></b>) and<b>BMW</b>(OTCMKTS:<b><u>BMWYY</u></b>) could be formidable competitors as well.</p>\n<p>True, we may see shares get a short-lived boost on the heels of this European news. However, investors should wait for initial results to come in before pricing this factor further into NIO stock.</p>\n<p><b>NIO Stock Is Steady Now, But Could Drop Again</b></p>\n<p>March’s delivery results were enough to keep Nio shares steady. However, in the near-term, we could see more data that further damages the bull case here. This may result in more valuation contraction for this richly priced “story stock.”</p>\n<p>And, in the years ahead, rising competition in China coupled with the risk of its European expansion could sink NIO back towards prior prices.</p>\n<p>So, while NIO stock is holding steady for now, this could just be the eye of the storm. With the risk that subsequent news sinks it to $30 and below, it is best to continue staying away from this name.</p>\n<p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Is in the Eye of the Storm, So Avoid It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Is in the Eye of the Storm, So Avoid It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 11:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/nio-stock-eye-of-the-storm-avoid-it/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite hanging tight between $35 and $40, NIO stock could be ready to take another tumble.\n\nWith shares holding steady for the past month, should you buy the pullback in electric-vehicle (EV) ...</p>\n\n<a href=\"https://investorplace.com/2021/04/nio-stock-eye-of-the-storm-avoid-it/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/04/nio-stock-eye-of-the-storm-avoid-it/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183187087","content_text":"Despite hanging tight between $35 and $40, NIO stock could be ready to take another tumble.\n\nWith shares holding steady for the past month, should you buy the pullback in electric-vehicle (EV) makerNio(NYSE:NIO)? Not so fast. NIO stock still remains popular among investors, even after its more than 40% slide from its all-time highs.\nAs I detailed back on Apr. 9, investors were satisfied with itssolid March delivery numbers. However, that’s still not enough to sustain today’s valuation, much less a rebound back towards prior highs of around $60 and beyond. Upcoming news could put more pressure on this stock, which was one of 2020’s top performers.\nWhat sorts of new developments could hurt Nio? Mainly, the potential for April delivery numbers to fall short of expectations. March numbers, which showed a month-over-month increase of around 30%, may have been sufficient. But given much of that increase was due to the Lunar New Year falling in the prior month, this month’s sequential growth could be substantially lower.\nSubsequent developments could show that sales growth for 2021 will fall short ofanalyst projectionsof 107%. If Nio fails to deliver in the growth department, it’ll be tough for shares to maintain their still-premium valuation with a forward price-to-sales (P/S) ratio of around 11.8.\nSome may believe Nio’s upcoming expansion overseas — which I’ll detail soon — could move the needle again. However, it’s too early to tell whether that will be the case. With more at play to sink it than send it higher, continue to avoid NIO stock.\nNIO Stock and Rising Competition in China\nUntil we see April delivery numbers, which will hit in early May, it’s a bit premature to write Nio off completely. The companycoulddeliver blockbuster numbers for April, proving longtime bears on this stock (such as myself) wrong once again.\nYet, there’s still plenty at play to back up the idea that present and future results will fall short. How so? Namely, competition. I’ve previously detailed how not only competition from China-based rivals — likeBYD Company(OTCMKTS:BYDDF) andXpeng(NYSE:XPEV) — but also global competition fromTesla(NASDAQ:TSLA),Volkswagen(OTCMKTS:VWAGY) and others could affect growth.\nThis factor alone could negatively impact Nio’s delivery numbers in the near-term. The result? Much lower-than-expected growth in 2021, which in turn could drive a further retraction in the valuation of NIO stock.\nAnd in the long-term? Based on recent remarks from Deutsche Bank’s Edison Yu, there could beanother competitive threaton the horizon. That would be the possibility of non-automotive Chinese companies likeBaidu(NASDAQ:BIDU),Foxconn and evenHuaweithrowing their hat into the EV ring.\nIt may take years for these companies to enter the automotive space. However, that could nevertheless prevent Nio, which is still a small player, from growing into the major name its current $64.8 billion market capitalization implies. Because of this, Nio’s planned expansion into Europe really needs to go off without a hitch.\nGlobal Expansion May Not Save the Day\nAsInvestorPlace’sBrenden Rearick wrote on Apr. 16, Nio is making progress in its plans toenter the European market. On May 6, the company will complete its initial expansion there, with its first showroom slated to open in Norway.\nOf course, moving into Europe will help the company diversify geographically. On top of that, though, it could pave the way for Nio’s eventual expansion into North America. Most of Nio’s valuation hinges on its expected growth in its home market. But another factor in its high market cap is theexpectationthat it will become the “next Tesla,” a major force in the global EV market.\nIt’s still too early to tell whether this global expansion will pay off, though. Naturally, these new markets will be just as competitive, if not more, than Nio’s home market. For instance, Volkswagen will have a big advantage, with Europe being its home turf.Daimler(OTCMKTS:DMLRY) andBMW(OTCMKTS:BMWYY) could be formidable competitors as well.\nTrue, we may see shares get a short-lived boost on the heels of this European news. However, investors should wait for initial results to come in before pricing this factor further into NIO stock.\nNIO Stock Is Steady Now, But Could Drop Again\nMarch’s delivery results were enough to keep Nio shares steady. However, in the near-term, we could see more data that further damages the bull case here. This may result in more valuation contraction for this richly priced “story stock.”\nAnd, in the years ahead, rising competition in China coupled with the risk of its European expansion could sink NIO back towards prior prices.\nSo, while NIO stock is holding steady for now, this could just be the eye of the storm. With the risk that subsequent news sinks it to $30 and below, it is best to continue staying away from this name.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}