$NIO Inc.(NIO)$ has potential to fill the gaps in the EV market for more affordable vehicles, however if I were NIO, I would be looking at a cheaper model or two for the single people who won't be able to afford to drive when/if the EV targets come into effect in various countries who have committed to deadlines, such as Australia. China is our close neighbour and it would make sense to import from China in order to try to have a range of EVs that the lower income earner can afford. I really worry that many people will just not be able to afford new or used EVs because I suspect the used EVs will be limited and hold their value due to demand. If the supply for affordable EVs isn't there, due to the lack of them within the market itself, and hasty policy changes/decisions that just are too premature for ALL, then only the rich will be driving period. 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.
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Looks like each time NIO attempts to gain, Motley Fool gets agitated and start negative analysis.
Nio's growth will accelerate significantly in the second half of the year, and that it still has a shot at meeting analysts' expectations for revenue to rise 30% to 64.23 billion yuan ($8.81 billion) for the full year.
Exactly! Tesla’s multiple is many times NIO’s multiple. If NIO had the same multiple, they would be selling for $35+ a share.
NIO stations has both(Battery swapping + super charge plugs) it’s good either way
there is a serious lag between what nio is doing and the stock price
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