Got rumours stating CYVN increase its stake to over 20%, not sure is it 200 million or 2 billion USD. Rumour out that Nio need new fund injection or what?
XPENG delivered a speech titled "Scaling up Autonomous Driving via Large Foundation Models". On the same day, XPENG announced the launch of the world's first AI-powered car, the G7, equipped with an L3 computing platform, in China What happen to Nio Autonomous Driving? No news just spending on R&D and not ready yet? Still behind XPeng again? [Cry]
$NIO Inc.(NIO)$ Xiaomi Gets Over 200,000 Pre-Orders Of YU7 SUV In 3-Minutes. This is a real setback for Nio even Onvo and Firefly. Non of Nio model can compare with Xiaomi. What went wrong with Nio? Incompetant do not know what the market wants the most? Only can trial and error and making a lot of assumptions which are not accurate at all?
$NIO Inc.(NIO)$ Will Nio break 3.50 again? With Israel Iran war escalating further and market jittery willake Nio share price look even more vulnarable. HS tech stock under selling pressure and Nio will be affected too. Pray hard it will not test the recent low again. [Cry]