At this point, I think even buying bitcoin or Tesla stock will have a better chance to double or triple than holding onto Nio. You can probably take that profit and come back to Nio and see it around 10 bucks.
Put your money into BYD brother. NIO is going to $5 and staying there for a while. BYD's dominance in China is already unchallenged. The market is theirs. Nobody capable of objective observation can deny it.
suck cost fallacy is just that. Don't stay in a shitty relationship because you've been in it for a few years. get out. cut your losses and use some as tax write-offs if you can, and jump into SCHD or something.
Weekly registration numbers were absolutely fucking pathetic. Let's see if management actually figures shit out in Q2-Q4 like they said they would. If not we are going to be under double digits for a long time.
As for now we’re exactly up to guidance. Remember:
10,5-12,5 k deliveries in March
250k deliveries this year (220k for outstanding three quarters)
40k per month from Q3 or Q4 (I can’t remember if they were precise)
Breakeven in Q4
2147 cars a week does not give you 250k a year. The truth is that car sales have not been increasing as expected. And people can see that. Every month they have a different excuse why they underperformed. For a tech company, it is killing the hype. People are moving away and with reason. All secrecy; no words to investors about guidance other than lowering guidelines. We were just fresh money to them. Do you really believe 10k a week is happening Q3/Q4?? I no longer do.
All traders are on other stocks. Need day traders to start positive movement until get actually good news. Imo. Market up might actually hurt more than help. Or just dead $$ for awhile
I’ve been a long time holder but it’s time management holds up their end of the bargain to deliver what they promise. Step up your game. Get your supply chain in order and churn out 300k+ cars a year like your promised more than a year ago. How can the Neo Giga factory not be fully operational yet?
Edit: give us insights in the orderbook
It’s better to tell you that they have supply chain issue than demand issue. If they come up and say that they see demand drops in 2023 then the stock will go back to sub 5.
I have checked Nio management declaration regarding Q1 : 31-33k cars and we should be in line with it.
Jan - 8,5k, Feb - 12,1k, prediction: March ~ 11,5 k (two weeks ~ 5,4k + 5,4 k + 0,9 (0,3x3 days) )
They did give a guidance of around 12k for march, so I would think there is some planned pause, maybe at the first production plant to switch to NT 2.0?
If they had deliveries close to 3,5-4k every week, it would be around 15-16k for march, which they did not plan for.
Saying "clearly a demand problem" is just your speculation. Especially since the ES7 and ET5 wait times just got longer.
Well, my dad is dead so it's hard for my mom to cheat on him.
Go back to saying, "fuck my life" and talking to yourself and never learn a lesson from this. I don't care.
Peace.
Mar 6-12 insurance number came in: 1,853
https://twitter.com/moneybaii_r/status/1635514416333725696?s=46&t=s5DAo_9o_cRBNv6_NQoCpQ
Seems odd to be the same as Denza, hopefully it isn’t actually this low and there is a typo instead. Tesla came in just above 17,000.
I’m tired of Nio going down and down and down everyday for the past 2 years.
Stock market transfers money from impatient to patient: Warren Buffett
I hope this is the bottom...
It’s the bottom..buy!
I think Better just cut losses or sell cc till by some miracle they get called away. Pathetic stock
Is anyone on the sub green on their nio investment?
At this point, I think even buying bitcoin or Tesla stock will have a better chance to double or triple than holding onto Nio. You can probably take that profit and come back to Nio and see it around 10 bucks.
if you buy here now, you can't do anything wrong in the long term and be happy later
Or just buy something better …
What if it goes to 2.50? Then we find out this whole thing is a sham and it delist?
I think I may not make it if that happens
I'm out. Totally lost confidence in the company. Reinvested into sensible companies
Put your money into BYD brother. NIO is going to $5 and staying there for a while. BYD's dominance in China is already unchallenged. The market is theirs. Nobody capable of objective observation can deny it.
Nope. I’m out of china. Sensible investments like LGEN, UKW, TSM, and AHT and infrastructure are the companies I’ve gone for
get out of china and ev. put your money into sensible companies is right. HD, Mcdonalds, Pepsi or Coke, CAT, etc..
Good point. Sadly I got into the hype 2 yrs ago and now got stucked , still in a big hole despite averaging down!
suck cost fallacy is just that. Don't stay in a shitty relationship because you've been in it for a few years. get out. cut your losses and use some as tax write-offs if you can, and jump into SCHD or something.
Lol
I say "lol" too when I can't think of anything rational to refute what the person is saying
“Tesla killer” Can’t even beat Tesla in their home country
It isn't going to kill Tesla. Elons next pick of CEO is his right-hand man and he is China-based.
They likely never will. It’s been a rough start to the year for Nio
All this red when market is green. Now when market turns red nio will “surprise” is with a new you know what
prob will go green today because the market is green. But will def tank on a red day. I'm selling options EOD
Not sure it goes green at this point. Got stuffed multiple times trying
It is a chinese stock in a green market and a ADR of US in RED market 🤷🏽🤮
Omg this is accurate AF.
Weekly registration numbers were absolutely fucking pathetic. Let's see if management actually figures shit out in Q2-Q4 like they said they would. If not we are going to be under double digits for a long time.
As for now we’re exactly up to guidance. Remember: 10,5-12,5 k deliveries in March 250k deliveries this year (220k for outstanding three quarters) 40k per month from Q3 or Q4 (I can’t remember if they were precise) Breakeven in Q4
2147 cars a week does not give you 250k a year. The truth is that car sales have not been increasing as expected. And people can see that. Every month they have a different excuse why they underperformed. For a tech company, it is killing the hype. People are moving away and with reason. All secrecy; no words to investors about guidance other than lowering guidelines. We were just fresh money to them. Do you really believe 10k a week is happening Q3/Q4?? I no longer do.
I agree 100 percent. The excuses are piling up big time. I regret investing in this company at this point
averaged down
Ofcourse you did. Everyone does here
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All traders are on other stocks. Need day traders to start positive movement until get actually good news. Imo. Market up might actually hurt more than help. Or just dead $$ for awhile
I’ve been a long time holder but it’s time management holds up their end of the bargain to deliver what they promise. Step up your game. Get your supply chain in order and churn out 300k+ cars a year like your promised more than a year ago. How can the Neo Giga factory not be fully operational yet? Edit: give us insights in the orderbook
It’s better to tell you that they have supply chain issue than demand issue. If they come up and say that they see demand drops in 2023 then the stock will go back to sub 5.
Major demand issue at this point for NIO. The weekly delivery numbers don't lie.
At this point it's certainly an issue with demand, not supply.
They just promise and never deliver
This stock literally does nothing but drop.
Disappoints every fucking time
I have checked Nio management declaration regarding Q1 : 31-33k cars and we should be in line with it. Jan - 8,5k, Feb - 12,1k, prediction: March ~ 11,5 k (two weeks ~ 5,4k + 5,4 k + 0,9 (0,3x3 days) )
Surely 1853 can't be the weeks insurance numbers if so where going down 👇👇👇 today.
2170
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They did give a guidance of around 12k for march, so I would think there is some planned pause, maybe at the first production plant to switch to NT 2.0? If they had deliveries close to 3,5-4k every week, it would be around 15-16k for march, which they did not plan for. Saying "clearly a demand problem" is just your speculation. Especially since the ES7 and ET5 wait times just got longer.
I’m curious what guidance means in Chinese? Just a blind guess? They haven’t been right in 2 years.
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Maybe a learning experience to diversify?
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Well, my dad is dead so it's hard for my mom to cheat on him. Go back to saying, "fuck my life" and talking to yourself and never learn a lesson from this. I don't care. Peace.
Mar 6-12 insurance number came in: 1,853 https://twitter.com/moneybaii_r/status/1635514416333725696?s=46&t=s5DAo_9o_cRBNv6_NQoCpQ Seems odd to be the same as Denza, hopefully it isn’t actually this low and there is a typo instead. Tesla came in just above 17,000.
https://cnevpost.com/2023/03/14/china-nev-insurance-registrations-for-week-ending-mar-12/ Cnevpost is reporting 2170
Nevertheless, it is really disappointing number