NIO registration does not matter in China. They also sell in Europe. Over 20,000 deliveries
$NIO Inc (NIO.US)$ This stock is as cheap as it will get.
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OptionsKing OP : NIO is already profitable morons....they spend it on research and development. Simply put, they can cut research and be profitable, but they spend it to advance the technology. $4.50 is as low as you'll get.
74216494 OptionsKing OP : Wrong. Obviously. And not enough buyers willing to pay for NIOs research, but pick a XIAOMI, for example. BTW, do you consider NIOs spending for a French vineyard, for a mobile phone or the rent of the terribly expensive, but empty NIO houses in Europe an investment in research and development ? At least, the expenses for free coffee and drinks in the empty NIO houses in Germany are not too high, because simply no visitors there.