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$NIO Inc (NIO.US)$ looks like Chinese market was hot 🔥 im...
$NIO Inc (NIO.US)$ looks like Chinese market was hot 🔥 im in
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010010010 : 2000 more swap stations in next year? Looks like too much capex spending, money burning is main hobby of CEO.
EZ_money OP 010010010 : nah, it's good to have the infrastructure for people to use before spitting out all these EVs, otherwise you'll have a lot of upset customers
74216494 010010010 : Correction: ... to burn investors money is main hobby of CEO. Interesting enough, that he does not personally buy NIO shares for such a low price. Demonstrates his optimism in NIOs success ...
74216494 EZ_money OP : Bull ... You can also charge NIOs the traditional way. But, I would also prefere to buy a sexy XIAOMI SU7 compared to the boring NIOs or L60. Such a low demand for NIO/ONVO, that such increase of swap stations one more example of cash burn. Although, NIOs management is (in-)famous for overpromising, and underdelivering.