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Mag-7 earnings: A critical juncture leading to where?
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$NIO Inc (NIO.US)$ Tesla Pure Electric's only competitor in ...

$NIO Inc(NIO.US)$ Tesla Pure Electric's only competitor in China is NIO. Tesla sold more than 500,000 units in China last year, while NIO sold 0.16 million units. Take into account the difference in price. If NIO continues to cut prices, the gap will get smaller and smaller. If Tesla didn't cut prices in the first 2 years, then most people would choose NIO over Tesla. So I'm not worried about NIO, the cheaper it is, the better
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