$NIO Inc.(NIO)$ $Tesla Motors(TSLA)$  Went down to Tesla, NIO and ONVO stores today to check out the cars in person. Managed to experience the all new Model Y L, ES8, Firefly, L90, L60 and test drove ET9. Here are some of my thoughts.

1. Tesla Model Y L is really underwhelming compared to the 6-seater competition in China. Interior is really bare. The 3rd row is relatively cramped, floor is raised. My head was 1-2 fingers away from the glass (I'm 1.8M)

2. ES8 feels premium and spacious. The interior feels very welcoming. The sound system is amazing. Third row is more roomy than Model Y L. Frunk is huuuuge.

3. Firefly looks a lot better in real life. It's a lot more spacious than the mini.

4. L90 feels like the stripped-down version of ES8 with less premium interior. But third row is more spacious than ES8 and the frunk is more practical imo. I would buy this for the cost-performance.

5. L60 feels like the smaller version of L90. The 2nd row feels like a large comfy sofa. Super spacious. Downside though is the lack of roof screen option.

6. ET9's fly-by-wire steering is game-changing. Driving it was a joy. More relaxing than driving a gas car. Interior though didn't feel as premium as the ES8. I preferred the central big screen than the individual back seat screen. 

I also tried out the ET5T and ET7. Imo, after experiencing ES8, they felt smaller. Probably less suited for families. 

Overall, I can feel the competition in China is really red-hot but NIO's new product line-up makes it really a serious contender and gives me more confidence in my investment.

# NIO Stock Rating and Price Target Update by Freedom Capital Markets

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  • Enid Bertha
    ·09-10
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    I been holding NIO since 2021. Holding 31k shares at $12. Longs need to wake up and see that the executives are doing a horrible job running this company. I will hold till it hits zero or $25. I held for 4 years, I’ll keep holding for another 4 more.
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    • fibance
      Started with 1k shares. Now at 75k shares @$5.5. Target 100k shares. They have made mistakes in the past but recent moves have been encouraging. This dilution is inevitable.
      09-10
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  • Mortimer Arthur
    ·09-10
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    This is clearly stock manipulation from rival sector, no reason to drop at all with growing sales/ cash on hand 3B+/ partnership.

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  • SiliconTracker
    ·09-10
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    NIO's ET9 steering tech is next level! ES8's premium feel vs Model Y's bare interior makes me bullish on their lineup
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  • Reg Ford
    ·09-10
    NIO’s ES8/ET9 crushed Tesla Model Y L,my investment confidence soars!
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  • William85
    ·09-10
    Great insights
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  • good
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