Asked 4w ago
It is following in Tesla's footsteps, but of course still far from Tesla. However, they do seem to be delivering pretty solid results.
Nio's Record Run Continues As Deliveries Spike 121% In December
EV Maker Confirms Sedan Launch On 'Nio Day'
What are your thoughts on Nio?
If you have to ask, and everyone seems to be buying it, then it probably is. but then again every other stock seems to be trading at all time high and prices going up exponentially to the point where I don’t even know which are hyped and which are not anymore 🤣
Yes, for sure. It's a red flag when everyone gets super excited and buys into a stock. The share price will get super inflated and overpriced. NIO is not even profitable yet... Look at Nikola(Similar to NIO), the share was super hyped up and it crashed last year. There are lots of other examples. I will avoid this type of company due to the risk. I agree that you might be able to profit a lot but there is also a high chance of losing money.
The stock market is a place for investment, not gambling or speculations
Every new start up companies will be 'hype' at first.. I mean look at TSLA, CRWD... NIO have a bright future after seeing NIO day. They are currently the ONLY EV as of now that could go up to 1000km and i heard that they will be releasing a 200kwh battery i THINK arnd 2023. This is simply not hype. Listening to Chinese youtubers who purchase NIO vehicles, it seems that right after NIO day, many Chinese people have place their deposit on the new ET7. I believe NIO will be a pretty good investment if u ask me and idm at all, people disagreeing with me because if u ask me honestly, it is not as hype as TSLA. My recommendation would be that, if u think that it is hype and unsafe, u can always put down MAYBE 5-10% of ur capital into NIO. I believe that would be good enough, of course, u have to see whether u have sufficient capital. Thanks for the question, would love to hear other comments as well:) Happy NIO year!
NIO is not TSLA. Lot of red flag, lot of fraud.