My sentiments on NIO
Since my last post, NIO value has declined slightly over -23%, a decline purely based on fundamentals such as GM's patnership plans with LG energy to open a 2.3B batterycell gigafactory
I still believe the Stocks intrinsic value is unmatched in the industry all factors considered.
Also, since my last post, the company has unveiled 5 new models adding to its EV production line, a big boost for investor confidence.
We could still see the stock decline in price (short term) but overall, this creates value as it's expected to rally up eventually.
I still believe the Stocks intrinsic value is unmatched in the industry all factors considered.
Also, since my last post, the company has unveiled 5 new models adding to its EV production line, a big boost for investor confidence.
We could still see the stock decline in price (short term) but overall, this creates value as it's expected to rally up eventually.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.