$NIO Inc (NIO.US)$ The risk analysis - even for NIO - funda...

$NIO Inc(NIO.US)$ The risk analysis - even for NIO - fundamentally changed last week after Evergrande, China’s largest property developer, missed another payment deadline and is now in default. If China’s biggest real estate firm can fail, so can many others. While NIO can be expected to make progress in FY 2022 regarding delivery momentum and new product launches, I believe macro risks related to the Evergrande debacle will determine the market environment in FY 2022!