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Nio Inc Class A ADR (NIO)

NYSE
Currency in USD
Disclaimer
4.120
-0.030(-0.72%)
Real-time Data

NIO Price Commentary

what is happening...why is it dropping? Is it buy opportunity or sell?
only new cars, also may see more hybrids too until 2035, im generally bullish on EV’s and it is clearly the futire,I just fear this recent rise has been very quick and in an already over inflated market, Nio and most of the EV market is already down 30% from recent highs, I guess the question is will it fall another 30%-50% from here or level at 40ish before reversing the trend.
agree things may be overvalued, however NIO I feel is agressive in their growth, and I see news almost every month that gives me confidence.
very true, I think they need to get a good foot hold into the market before the big boys get up to speed, it will be harder to compete against major established brands once they move focus from ICE to EV, it will become a crowded market, look at the mark cap of the big brands (ignore Tesla though lol) they will all want a piece of the pie, how big is that pie I wonder in 10 years, I wish I knew :)
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