$NIO Inc (NIO.US)$ I guess the stock will run sideway until...
$NIO Inc (NIO.US)$ I guess the stock will run sideway until the earning report. At the earning report, NiO will show a good margin, which will increase the stock price. As soon as the stock price goes up, NiO will raise more money to build a new factory, and the stock price will nosedive again. Only because of the low price the NiO unable to raise more money currently.
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103027647 : not much down side at 4.5 .if onvo successful can go up to 10.
VIVEK SURANA OP 103027647 : Agree with your first part that not much downside. But ONVO will be loss-making for at least a couple of years. There is no chance for stock to go 10. CEO already mentioned that ONVO needs to sell 20k per month to breakeven. NiO doesn't have that capacity. As soon as stock goes up slightly, the CEO will do a heavy share dilution to build a new factory for additional capacity.
103027647 : 20k will be easy as it is price 170k with swap .there will be huge demand as got 1300swap station available .buyer can earn money with v2g with no battery degradation like Tesla .
VIVEK SURANA OP 103027647 : Who will manufacture it ? NiO is unable to sell more than 20k on its original brand even when demand was higher. The ONVO car is so cheap that the margin will be very low. Next year, NiO will start building another power swap network for firefly cars. So NiO needs to manufacturing capacity and new power swap network , NiO not going to earn any money for at least next 5 years.
103027647 : they can work double shift.now some capacity in F2 is use to build onvo that why nio output is reduced
103263621 VIVEK SURANA OP : Why not u just short or sell it? Why keeping negativity in ur mind? Just let go n enjoy life
CoolWaterCoolWater : And the CEO will light up his cash burner again.
ZnWC VIVEK SURANA OP : The question is about demand not supply. The China EV market is very competitive not easy to increase market share with new model. Nio plans to export the new model to US and EU but it was thwarted by the new tariffs imposed by the US (100%) and EU (38%). We need to observe what impact it has on Nio Q3 delivery.
The best solution for Nio is to cut cost but the CEO suddenly announced building a new factory which is worrying. I won't blame the market speculating a new round of selling convertible bond to raise fund and risk diluting the stock value further.
Why Nio Stock Plunged 54% in the First Half of 2024, but Could Recover | The Motley Fool