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$NIO Inc (NIO.US)$ Providing my 2 cents on why Nio is underperforming. Stock price is driven by sentiment and sentiment comes from news. Consistent good news drive the price up. One good news followed by one bad news won't cut it. This is exactly what Nio was doing the past few month. Before anyone gets into anti chinese stock theory, just take a look at how well xpeng and li auto have recovered recently. Moving forward, the good Nov deliveries together with Nio day should provide some positive sentiment. If followed by a good Dec deliveries and launch of ET7 on CNY, stock price should be much higher than 40 dollars.
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$NIO Inc (NIO.US)$ has delivered 10,878 vehicles in November 2021, up 105.6% Y/Y, and representing a solid monthly growth of 196.6% M/M from October's deliveries of 3,667 units.
The deliveries consisted of 2,683 ES8s, 4,713 ES6s, and 3,482 EC6s.
Total YTD deliveries reached 80,940 vehicles, up 120.4% Y/Y.
Cumulative deliveries of the ES8, ES6 and EC6 as of November 30, 2021 reached 156,581.
Last month, Citi boosted price target on Nio to $87 from $70 on expectations that the Chinese EV player will nab more market share.
The deliveries consisted of 2,683 ES8s, 4,713 ES6s, and 3,482 EC6s.
Total YTD deliveries reached 80,940 vehicles, up 120.4% Y/Y.
Cumulative deliveries of the ES8, ES6 and EC6 as of November 30, 2021 reached 156,581.
Last month, Citi boosted price target on Nio to $87 from $70 on expectations that the Chinese EV player will nab more market share.
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$NIO Inc (NIO.US)$
Even if NiO's delivery volume exceeds 10,000 again, it won't mean much. It will be good to stabilize the current stock price. Nio's main problem is not delivery but not enough orders for its older models. In the two consecutive quarters, the monthly delivery of more than 10,000 was maintained by sacrificing one month to spread orders from three months to two months. It is not that NIO has no room for growth, but there certainly is no room for growth in the high-end market. The main space lies in whether ET5 or even ET3 can compete in the middle end market with fierce competition. May even need to really low-end go amount of explosion. It's all very difficult, and niO is the first of the three to fall behind.
Even if NiO's delivery volume exceeds 10,000 again, it won't mean much. It will be good to stabilize the current stock price. Nio's main problem is not delivery but not enough orders for its older models. In the two consecutive quarters, the monthly delivery of more than 10,000 was maintained by sacrificing one month to spread orders from three months to two months. It is not that NIO has no room for growth, but there certainly is no room for growth in the high-end market. The main space lies in whether ET5 or even ET3 can compete in the middle end market with fierce competition. May even need to really low-end go amount of explosion. It's all very difficult, and niO is the first of the three to fall behind.
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$NIO Inc (NIO.US)$ This has dropped by that point, why? Did any bosses explain why it fell today
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Across the globe, the popularity of EV (electric vehicles) is overwhelming as the Eco Moment gains momentum. As car lovers, consumers will be having a field day attributed by the fierce competitions among several EV manufacturers such as $Tesla (TSLA.US)$, $NIO Inc (NIO.US)$, $Rivian Automotive (RIVN.US)$, $Ford Motor (F.US)$ $XPeng (XPEV.US)$
These EV companies have soared high in their valuations of shares' prices lately. Obviously, as investors our ultimate goals are to "have a good buy" and not to say a "goodbye".
In order to attain our goals we may have to compare the empirical history of automakers like giant $Tesla (TSLA.US)$ and $Lucid Group (LCID.US)$
There are two things that $Tesla (TSLA.US)$ and $Lucid Group (LCID.US)$ have in common. One is that they are both reigning Tittians and two, is that Peter Rawlinson, CEO of Lucid Motors was once an executive of Tesla and has helped to engineer the Tesla Model S. Therefore, by engineering Lucid Air sedan, Peter Rawlinson is directly posing a challenge to Tesla's superiority. Moreover, Lucid Motors has achieved its goal of "making the best car in the
world" when The Air was accorded the coveted award of "Motor Trends Car of the Year". Lucid has also plans of targeting its exports to China and The Middle East which sounds promising.
Lucid has a range of 520 miles which is more than Tesla's range of 405 miles.
Doubtless to say many people have considered Tesla as the leader in the EV evolution, as it is an iconic household name. However, of late there are factors that work against Tesla's image. They are:-
Recently CEO, Musk Elon has been
offloading big chunks of Tesla's shares.
Musk Elon's decision has not caused a
major picnic in the reckless selling of Tesla's shares yet. Nevertheless, it still poses a volatile market.
On 18th November, Tesla has recalled
7,6000 vehicles in the US, because of certain risks to safety issues caused by the driver's airbags cushions. Will this
issue cause a negative impact to its EV sales? Only time can tell.
Regardless of which EV shares we have in mind, we can envision a trend of EV race in Wall Street in the near future.
Perhaps we may focus on one of the EV companies as a promising long term investment.
Moving forward, as investors we will have to monitor the trading market very closely, and hone on our trading skills in order to make timely, shrewd choices.
$Sono Group (SEV.US)$
$General Motors (GM.US)$
$TOYOTA MOTOR CORP (TOYOF.US)$
$VOLKSWAGEN AG (VLKAF.US)$
$Arrival (ARVL.US)$
$Li Auto (LI.US)$
$Apple (AAPL.US)$
$BYD COMPANY (01211.HK)$
$Volta (VLTA.US)$
$ChargePoint (CHPT.US)$
These EV companies have soared high in their valuations of shares' prices lately. Obviously, as investors our ultimate goals are to "have a good buy" and not to say a "goodbye".
In order to attain our goals we may have to compare the empirical history of automakers like giant $Tesla (TSLA.US)$ and $Lucid Group (LCID.US)$
There are two things that $Tesla (TSLA.US)$ and $Lucid Group (LCID.US)$ have in common. One is that they are both reigning Tittians and two, is that Peter Rawlinson, CEO of Lucid Motors was once an executive of Tesla and has helped to engineer the Tesla Model S. Therefore, by engineering Lucid Air sedan, Peter Rawlinson is directly posing a challenge to Tesla's superiority. Moreover, Lucid Motors has achieved its goal of "making the best car in the
world" when The Air was accorded the coveted award of "Motor Trends Car of the Year". Lucid has also plans of targeting its exports to China and The Middle East which sounds promising.
Lucid has a range of 520 miles which is more than Tesla's range of 405 miles.
Doubtless to say many people have considered Tesla as the leader in the EV evolution, as it is an iconic household name. However, of late there are factors that work against Tesla's image. They are:-
Recently CEO, Musk Elon has been
offloading big chunks of Tesla's shares.
Musk Elon's decision has not caused a
major picnic in the reckless selling of Tesla's shares yet. Nevertheless, it still poses a volatile market.
On 18th November, Tesla has recalled
7,6000 vehicles in the US, because of certain risks to safety issues caused by the driver's airbags cushions. Will this
issue cause a negative impact to its EV sales? Only time can tell.
Regardless of which EV shares we have in mind, we can envision a trend of EV race in Wall Street in the near future.
Perhaps we may focus on one of the EV companies as a promising long term investment.
Moving forward, as investors we will have to monitor the trading market very closely, and hone on our trading skills in order to make timely, shrewd choices.
$Sono Group (SEV.US)$
$General Motors (GM.US)$
$TOYOTA MOTOR CORP (TOYOF.US)$
$VOLKSWAGEN AG (VLKAF.US)$
$Arrival (ARVL.US)$
$Li Auto (LI.US)$
$Apple (AAPL.US)$
$BYD COMPANY (01211.HK)$
$Volta (VLTA.US)$
$ChargePoint (CHPT.US)$
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$NIO Inc (NIO.US)$
4 more to hit 100 sales in norway!
4 more to hit 100 sales in norway!
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