There's a lot of investor hype behind NIO and that can be a worry. Hot headed sentiments aren't going to give us accurate pictures but the market has spoken on NIO so far. I prefer the XPeng sedan as well and would purchase one in a heartbeat if it were available and had supporting infrastructure and networks. China's got a handful of Teslas in the main EV players on the mainland. NIO seems more impressive to me simply from their more aggressive pursuit of brute force accomplishments. There are some other makers with more quiet but arguably more important battery tech advancements than NIO has but all of it suppliable if it is Chinese.
Chinese Economics Thread
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There's a lot of investor hype behind NIO and that can be a worry. Hot headed sentiments aren't going to give us accurate pictures but the market has spoken on NIO so far. I prefer the XPeng sedan as well and would purchase one in a heartbeat if it were available and had supporting infrastructure and networks. China's got a handful of Teslas in the main EV players on the mainland. NIO seems more impressive to me simply from their more aggressive pursuit of brute force accomplishments. There are some other makers with more quiet but arguably more important battery tech advancements than NIO has but all of it suppliable if it is Chinese.
hi ougoah
Same here, XPeng ROCKS. Its a little bit pricey, but hopefully with scale the price will come down.
Was in Costco last week. Saw a pallet of surgical face mask. 3-ply, no agency rating, 50 per box for US$19.99. Upon closer look, it was manufactured by BYD, the auto company.
BYD started making face mask early this year as a national service. They must find it quite profitable and the demand is still there to keep their production lines going.
BYD started making face mask early this year as a national service. They must find it quite profitable and the demand is still there to keep their production lines going.
BYD signed a few contracts to provide N95 masks for various countries, companies and government including a billion dollar contract with California. Although the masks sell at Costco are just regular surgical face mask that only good for outdoor. Last I checked BYD has become the biggest manufacture of face masks.
CALLS CALLS CALLS. NIO UP 3% AFTER HOURS. ITS GONNA OPEN HUGE!
ITS NOT TOO LATE!
ITS NOT TOO LATE!
I don't think NIO stock will ever dips below 10$ after market open on monday, unless there is some accounting fraud issue. NIO is also reported to be profitable by EOD. and What the hell is options stats for NIO. All the calls are showing 80%+ chance of profit in Robinhood. Looks like some sort of rebalancing in option pricing and stats will happen morning morning.
EOY not EOD. correction.
After Kanye West announced he is running for presidential election, stock market all over the world is up massively. All asian markets are up 3-5 %. US futures market is also up 1-2% . I think its all about kanye splitting democratic votes by eroding black voters vote and make easier for trump to win election for 2nd term. US as well as Asian businessmen want trump to win his 2nd term so badly.
Kanye is a MAGA spitting Trump boy. Everyone knows that, so I am not sure how he will split democratic votes.