$NIO Inc (NIO.US)$ Providing my 2 cents on why Nio is underp...

$NIO Inc(NIO.US)$ Providing my 2 cents on why Nio is underperforming. Stock price is driven by sentiment and sentiment comes from news. Consistent good news drive the price up. One good news followed by one bad news won't cut it. This is exactly what Nio was doing the past few month. Before anyone gets into anti chinese stock theory, just take a look at how well xpeng and li auto have recovered recently. Moving forward, the good Nov deliveries together with Nio day should provide some positive sentiment. If followed by a good Dec deliveries and launch of ET7 on CNY, stock price should be much higher than 40 dollars.