$NIO Inc.(NIO)$
Investors would be wise to focus on the company's production ramp up of its more affordable Onvo brand, as well as its upcoming Firefly brand, which will be unveiled at Nio Day in late December and will target a much larger customer base.
These brands should be able to help the company reinvigorate sales, but investors will have to watch how margins respond amid the price war and introduction of more affordable vehicles.[Happy][Happy][Happy]
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.