$NIO Inc (NIO.US)$ It's a dead cat and probably will stay l...
$NIO Inc (NIO.US)$ It's a dead cat and probably will stay like that till ONVO launch. With negative QOQ growth for a couple of quarters and no new model launch this year, the NiO deliveries are expected to go down further, and the premium car business is basically failed. All hopes now on ONVO, a successful launch can boost the stock price and revenue, if the ONVO unable to sell like Xiaomi Su7 then NiO will definitely go bankrupt. So its wait and watch terriority till the ONVO launch.
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Shogun80 : There is no such thing as luxury EV. All EV companies position themselves as luxury based on their innovative designs and features. That’s why I dumped NIO long ago…
totototototo : It's impossible for someone to go bankrupt, and you can't keep embracing leeks all the time. He might go bankrupt there. Anyone who buys a stock is probably hundreds of times its market value.