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The market uses human psychology rather than hard facts for transactions and because of this movements tends to be more emotional than rational. NIO has a great vision and product but people cannot clearly understand what they are doing and the price is reflecting this. Here my take:
1) Cash burning: First is that Nio is burning its free cashflow which is the most concerning part. As Nio builds a network of batery swapping stations a lot of cash will be burned, this is ...
1) Cash burning: First is that Nio is burning its free cashflow which is the most concerning part. As Nio builds a network of batery swapping stations a lot of cash will be burned, this is ...
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