$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$
1. Apple dropped out of EV's two days after the NIO ET9 was showcased on CBS 60 minutes in March.
2. Tesla abandoned their sub $30K Model 2 in April a week after the first NIO ONVO spy shots came out.
3. The ONVO and ET9 will both be at the Shanghai Auto Show.
4. NIO's has 9 other EV companies signed for battery swapping and BaaS
5. NIO is 20% owned by a $3 TRILLION UAE wealth fund.
6. NIO's to be produced in UK, by Forseven under that brand which is owned by the same UAE wealth fund paying huge upfront and royalty fees.
7.NIO has more cash than debt and generates $150M plus per week.
8.NIO at $40 in Sept is 1000% upside.
9 NIO has $6 BILLION in cash and almost no long term debt
David Abitbol on X: "Mr P bought $Nio today https://t.co/aAWcXJBk1v" / X
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