There are many, many good news and developments from Nio on the horizon (May deliveries, FSD, onvo launch, battery tech). In my opinion it is one of the most dynamic EV out there and I am tempted very much to open and hold a position.
Question is wether to buy now to catch possible upwards move after earnings and in my opinion its risky...may deliveries do not make up the loss of the quarter and profitability/margins can be impacted by the pre investment needed for all the good initiatives ongoing. Onvo will not add to the bottom line yet but re-tooling of the factory which costs money need to be done now.
6,- possible on forecast but I decided to monitor closely the earnings and see where it settles before jumping on board
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