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
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