Watch out, you might be catching a falling knife
$NIO Inc (NIO.US)$ Nio profitability is still no where to be seen. If the luxury segment is making a loss with each car they are selling, the lower end will just make a bigger loss with more sales. All existing partners has yet to build vehicles that are batt swappable. With the current numbers of vehicle delivery, and a vague outlook of partners embracing swap tech on their vehicles, nio is just another EV maker.
I am not saying it does not have potential. Rather, it is still not time yet.
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