HK Nio closed down and the outcome of the CEO speech in the ...
HK Nio closed down and the outcome of the CEO speech in the main event is not good as expected. Not everyone is bullish with the outcome after the Nio Day launching of Nio luxury model ET9 and Cheapskate model Firefly. Both also targeting the Angmoh brands. Tonight is the real test whether Nio prices can go up or not. Hope lah. Hope it still can stay above the middle ground 4.50.
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CTradingWallet : Today and tomorrow dip 7%-12% maybe
Dragon Fish OP CTradingWallet : So bad? Not really so bad. Nio is wasting money on the grandest Nio Day like a carnival but the share price is red one is so demoralising to the shareholders. Shareholders forked out the money and those people enjoyed the carnival only. No benefit to the shareholders.
103027647 : got et 7 to penetrate the high end market of BBA .and firefly to penetrate low end market .mean more revenue for nio .firefly can easy sell world wide due to it cheap price
103027647 : got many put option at 4 expiring 27dec.shortist like Barclay or Goldman will be shorting down to make money .see if can hold
Dragon Fish OP 103027647 : Talk is easy. Execution is difficult. See the timeline of each model available for delivery. Production constraints until the 2nd half of 2025. Other EV makers don't have such problems leading the way in 2025. Nio is struggling in the first half of 2025. Average 37.5k per month for 2025 is a very tough target for Nio to achieve. Sad to hear the CEO said hoping to get 1000 units per month only for ET9.
103027647 : et9 for high end market so selling less but price higher .they gotta eat Porsche ,maybach ,market