NIO is a good stock worth investing in the long run
Why I invested in NIO $NIO Inc (NIO.US)$ 1. In densely populated cities with increased difficulties in charging piles and parking spaces, switching power is the best solution 2. Battery rental model In addition to significantly reducing the burden of buying a car in advance, customers do not have to worry about the problem of battery wear and tear, it is a sales model in line with modern society 3. NIO cars are never cheap, but customer satisfaction is excellent and user loyalty is high. 4. As with Tesla, customers are willing to show that they have a grasp of market demand. 5. China's drive for electric cars is unlikely to make Tesla a leader, and the next 10 tram-car companies won't have to eat enough.
Still think NIO is expensive? If you are patient and willing to wait, I think this is a good stock with prospects. If you just want to make a quick buck, buy BB, BNGO stocks like this will be fast.
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