NIO Fair Price
My Notes
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It's nice how Nio is holding up despite the results, that's a good sign! :)
I just expanded my position at Nio $NIO. The results have been poor as expected, but that doesn't change the longer term vision. The number of deliveries will slowly start to stabilize, what will be more important for me is the results in the coming years, new products (cars, mobiles and infra expansion) and expansion. Possibly even possibly partnerships, there has been...
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I can't really imagine a partnership with BMW, that's pretty wild :) but I still share the same feeling and look forward to the future of this company :)
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So the $NIO results didn't turn out so well. Let's see how the market reacts to them.
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Did you see this news about $NIO yesterday?
In response to the upcoming requirement that all taxis in Oslo operate as electric vehicles by November 2024, Oslo Taxi has made a significant choice. The company has decided to partner with Nio Norge as its primary EV provider, marking a significant step towards a more sustainable transport future.
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As you write about the battery changes, that's why I love the Nio. It really solves practical problems. Until those batteries can be recharged as fast as you fill up at the gas station (and I'm sure they won't be for many many years), it's going to be massively unusable... and that's what the Nio solves brilliantly...
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Have a great start to the investment week folks. 😊
There's certainly a lot coming up this week, I'm looking forward to more summaries as well, anyway what caught my eye were the short numbers around $NIO, which I noticed is quite popular here. I'm not personally invested because I'm scared of the environment in China, but I understand that some see the potential here and this...
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So those are great numbers, and it looks like the company is going to do better and better.
Thanks for the summary :D
Electric vehicle (EV) manufacturer $NIO seems to be enjoying the fruits of a particularly generous Chinese government of late. China's National Development and Reform Commission "urged local governments to ease restrictions on car purchases and introduce measures to encourage new car purchases."
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- Another catalyst for the stock's rise is Tim Hsiao, a Morgan Stanley analyst who takes a more bullish approach to Nio stock. Hsiao raised his price target on Nio stock to $18.70 from $12 ->I like this one a lot
NIO Europe now has 21 battery swap stations $NIO-0.5%. ->not so much because it's woefully short...
So I finally found the reason for yesterday's rise in Nio $NIO.... In a bid to revive its lagging economy, the National Development and Reform Commission (NDRC), the government agency responsible for economic development in China, has said it is keen to bring in private capital to help in the development of major projects across the country, including EV and infrastructure...
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I'm a silent observer, somehow I'm not interested in the country of origin:) but otherwise I'm rooting for them
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So I need 8$ more up on the green nio... but still, it's a pretty promising way to go :)
Yesterday, we saw $NIO stock shoot up more than 11%.
This is because the company's CEO, Li Qiang, predicted at the World Economic Forum on Tuesday that China's economy will grow faster in Q2 than the 4.5% rate it grew at in Q1, and further claimed that it is on track to achieve annual growth of around 5%.
In addition to Qiang's overall bullish view on the Chinese economy,...
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Isn't the market's reaction a bit overdone? -17.14% is quite a hit.