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No, NIO is highly unlikely to become "the next Tesla" in terms of global market dominance, scale, or financial valuation. While NIO is often called the "Tesla of China" because it targets the premium luxury EV segment with high-tech software and sleek designs, their fundamental business models and market strategies have diverged significantly.
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Don't put Nio high up in the pedestal.
Just wait and see where it is by year end.
Nio is so diluted and management still thinking of diluting it further.
Year end can see $6 and I will be very happy already.
Consolidation is the way to go if really want to catch up with Tesla when Nio is profitable for a whole year but it's just a dream.
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Yes, NIO is technically oversold. Multiple momentum indicators confirm that the stock has entered oversold territory following a sharp sell-off that recently pushed its price down to new 52-week lows around $3.40 to $3.41
Let Sellers buy higher.
Buy low sell high.
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Stay safe and don't anyhow buy.
Congrats to those who sold above $3.70.
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It's a gamble. It can go either way at this point of time.
Manipulators working hard to maximise profits.
When will Nio run out of money again. Management is always trying to expand. This is a huge stumbling block.
Share price is likely to be in the trash level until end of the year.
Can a change in CEO help?
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Nio stock (NIO) is dropping
primarily due to
lower-than-expected third-quarter revenue guidance, ongoing macro cost pressures in the Chinese EV market, and a wave of prominent Wall Street downgrades.
Stay safe and aim low if really need to buy.
October may be dragging.
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Longs need to wait really long for their rewards whereas shortsellers are instantly rewarded.
Contra buyers are throwing down and down to reward shortsellers.
Buying now need to wait until end of the year but there's no hurry. October will be a bad month for Nio if sales number is lower than September.
Will management buyback in October. Wait and see.
Stay safe and buy prudently.
Cheap can be cheaper.
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Meanwhile Nio is under the control of sellers and will they start buying on 1st October is yet to be seen.
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Must really have patience.
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Overnight trade should go down to ensure.
I may be wrong.
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Tomorrow SG and HK very bloody.
Stay safe and don't anyhow buy.
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Don't sell so cheap
I'm waiting somewhere there.
Cash boost needed at this time.
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No more money so cannot buy.
Stay safe. Stay sideline.
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Stay safe. Buy cautiously.
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Bet should be down all the way.
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Sellers are coming in droves.
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