$NIO Inc.(NIO)$ $NIO-SW(09866)$
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- AnaiAnai·12-19TOPNio mistake was started with luxury Nio brand then going for mid and cheap brand. The failure to capture market share is the main problem and now has to compete with more strong competitors in the China EV market. The pioneer in EV and ended up the last in the race. Xiaomi just took 7 mths only can beat Nio 10 years sales in the monthly sale number. Nio need to buck up like the CEO said Nio cannot fail in the competition and must be profitable in 2026 else Nio will be in deep trouble as China E market is not going to grow further and beed to depend on export market from 2027 onwards for growth.LikeReport
- AnaiAnai·12-19TOPDont dream too much can get usd100 for Nio. Be more realistic a bit and 2025 will be a very stiff competition as more China EV makers are on expansion mode and want to capture the market share. Who ever lose the competition will be out from the EV race and will be the end of the company. Nio is without much success story to boast at all. Only failure to achieve the target set by the CEO and he even said today result should be achieved in 2022 not 2024. At least he knows Nio will be in deep shit if by 2026 Nio is unable to turnaround with profitable. Thats why setting the 2025 target to achieve double of 2024 EV sales number which is quite tough if Factory 3 is not ready earlier in Q3 even can delay until Q4 as he adjusted the Q3 2025 to Q3 or Q4 2025 in last week announcement.LikeReport
- Mazen·12-19TOPbut it's gonna take time longer than ai stocks which r moving quickly, that's the reason why banks reduced its stocks, not the company is bad but the money invested in these stocks can be used to generate some profit from other stocks in the mean timeLikeReport