$NIO Inc.(NIO)$ NIO's delaying its Firefly EV launch in Europe to Q3, but that's just them ensuring quality. They're also expanding their battery swap stations, making EV ownership more convenient. NIO's commitment to excellence keeps me optimistic.
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Comments
Firefly sales target number is very low for such high quality.
Just afraid the profit margins might be low and cannot sustain production cost.
Delaying sales numbers is considered as a loss of income.
Management must really sell more cars if they really want to stay above water.
Stay safe. Stay focus and don't buy without your eyes open.
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Have a backup plan in case things don't work out.
Stay safe without using margins.
Sellers can't touch anyone who only utilise 15% of their reserve.
There is no need to increase your stakes if you think Nio share price can accelerate in the next six months.
Add more (15% recommended) only if the share price have gone up substantially and you're in it for a really long time like ten years.
All this can work only when global economy is in good shape and you got it cheap like below $4.
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