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.
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