$NIO Inc (NIO.US)$ Shouldn't have much impact on NiO as it ...
$NIO Inc (NIO.US)$ Shouldn't have much impact on NiO as it doesn't sell to Canada yet https://cnevpost.com/2024/08/26/canada-to-impose-tariff-chinese-evs/
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Dragon Fish : All chinese EV makers are not welcome into North America and Europe.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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103027647 : excuse to short nio
Dragon Fish 103027647 : Not an excuse but a hurdle for Nio to sell to Western Countries. Nio needs both local and oversea market to achieve minimum Order Qty to breakeven.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
VIVEK SURANA OP Dragon Fish : That is because it's not fair play. Most of the companies are getting state subsidies, and all the financial reports are unaudited, which raises more doubts. If these companies are not funded by state, then they should get their books audited by trusted auditors, and then European counties will reduce tariff.
Dragon Fish VIVEK SURANA OP : Westerners cannot accept China leading in the EV. So they can anyhow increase the tariff to make the Chinese EV not competitive in the Western Countries to protect their own Auto Industry.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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VIVEK SURANA OP Dragon Fish : Why are these companies not getting their books audited?
Dragon Fish VIVEK SURANA OP : Not sure.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")