@narwhalosaur@StonkChris I have seen Stocks that were Dead for 10 years and then created multi-millionaires; If you have patience and dead money, then you can be a millionaire; Imagine someone buying tonnes of Shares of #CELH on April 15, 2011. Where would he be today? Same is with #NIO Buy and HODL $NIO
@narwhalosaur@StonkChris#NIO sold 18k cars in June. Let's say $40k on avg. per car price, the revenue would be $720 million. And You are saying the stock will go below $1. For me, That will be Like a Dream Come true. I'll add 20k shares. Thanks for the chart.
@Luke18602788@StonkChris Sir/
1. I am not making this up. It is factual info. available on the internet. Cumulative deliveries of NIO vehicles reached 449,594 as of December 31, 2023.
2. 17+ trillion is what the Chinese economy is worth as of today. 18.53 trillion to be precise.
https://t.co/gNbDVlN4dV
@NIOSwitzerland@asingc@TinyRebel505 Only thing that could lead to sudden demise of NIO is advancement in battery, which may let battery remaining charged for say 2-3 days.
Which I strongly doubt is possible. Considering, even after 25yrs of using a mobile phone we are still using the charger to charge it every day.
@NIOSwitzerland@asingc@TinyRebel505 Correct, but you are not accounting for the partnerships NIO is forming with other EV manufacturers. These partners joining BaaS services will increase the adoption rate and demand for BaaS swap stations will also shoot up. Then achieving 60 swaps per station/day would be V. Easy
@asingc@TinyRebel505@NIOSwitzerland Totally agree, I also see their BaaS reaching Break Even in China @ 7.5million NIO cars sold. BaaS could stop leaking money there on and this could be a turning point. If their BaaS can not become a profitable venture then the whole co. is just another Chinese BEV Manufacturer.
@BeijingDai @banana_sethh Mr 'I'mSoInnocentCryBabyChina' Dai, What about the attack on our border, capturing our land in J&K, Depsang Plains, forcefully occupying Tibet, ruining Hong Kong, attacking Taiwan, capturing Philippines islands, Hambantota Port in Srilanka, Your govt was fair in all of them??
@TinyRebel505@NIOSwitzerland A 9-year-old company, doing $50B in revenue & now selling 4700 cars a WEEK? What is Disappointingly Low in that?
It is one of the most high-growth & still highly Undervalued companies in the world. A company generating revenue of over 40B normally has 200B as MC. Nio has 10B MC.