$NIO Inc (NIO.US)$ NIO's urgency to capture volume and cut e...
NIO's urgency to capture volume and cut expenses finally here, says Deutsche Bank.
With NIO's broad price cuts and the rapid rollout of new NT 2.0 models, it could see a considerabe sales rebound in the second half of the year, paving the way for 20,000 units per month.
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ricko : I just picked some up
TeslaSmurf : IN OTHER WORDS: they are FKK’d
But no worry, they will be bailed out from the Chinese government (again) and financed for the expansion in Europe. Problem is the ODD battery swapping system and the fact that they don’t produce their cars (the state-owned JAC does it for them). Producing by themselves will be the final test…
I don’t see it ending well…
102095561 : Deutsche Bank cannot be trusted those follow their advice already lost 95%or become long time bag holders
102095561 : just do opposite when this analyst talk up nio just sell.think they pay for announcement this coverage so their fund can dump or short it
102095561 : market know how to manipulate small fish psychology so big fish can eat small fish