NIO Cash Strap
$NIO-SW (09866.HK)$ NIO cash can last for 2-3 years, but it will need another $3 billion(usd) to fund it operation for onvo and every year new model release. Next model is Firefly. Either Abu Dhabi which had already owned 21% of NIO stock with usd$3billion or sell more shares. NIO is good but for long term. In short term it need to solve this cash funding issue, if Abu Dhabi investor fund another $3 billion, stock price will shoot up or if NIO management decided to release more shares, stock price will go down. This moght happen in this quarter
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