$NIO Inc (NIO.US)$ Nobody understands how important lithium ...
$NIO Inc(NIO.US$ Nobody understands how important lithium crashing is for $NIO the lower it goes the faster we can get back to 18-20% margins. We were sitting at around 600k and you wonder why we had 4% margins. All the stars are lining up to have a good end of the year. Send lithium to 0
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102543645 : true
102543645 : will reduce cost
b34r : Lithium going to zero doesn't help NIO much - all the other competitors will also buy it at zero, and all the EV prices just go down together - the recent EV price wars demonstrated this. Everyone is willing to cut prices to move their inventory.Being able to get lithium cheaper than others is what counts.
72734102 : Nio is crashing ! Just saw Tesla’s margins even after dropped prices! Amazing! Tesla is showing the World how it’s Done!