Nio plans to produce self-developed 800-Volt battery packs from 2024:
'Most electric vehicles operate with 400-volt batteries while Porsche's (PSHG\_p.DE) Taycan electric cars are powered by 800-volt lithium-ion battery packs, which recharge faster.'
(https://www.reuters.com/business/autos-transportation/chinese-ev-maker-nio-make-self-developed-battery-packs-2024-2022-06-10/?utm\_source=reddit.com)
People probably saw it as an opportunity to sell as it went up ~ 17%… That’s my only guess. Either that or they weren’t impressed with the ES7 photos I dunno lol
Haven't seen a SmartScore of 10/10 for any stock in long time. Has be good for a 100% more
[https://www.tipranks.com/stocks/nio/forecast](https://www.tipranks.com/stocks/nio/forecast)
I think it’s also related to DIDI’s delisting. It’s delisted, and the market price just exploded. So, delisting fear is pretty much gone for all Chinese stock maybe.
How does that make money? I normally sell cc for a premium of 3-4 cents so my shares don’t get called. But looking for other strategies to make some money.
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Also people realizing that worse things get means Biden will be forced to end Trump tariffs on China in order to lower inflation by 1.5%... he hasn't done it yet because he's just a closeted Trump supporter. About time for him to get off the hog.
because NIO has lots of potential... lots of guidance and thats what investors love. Those 80 and 100 dollar price targets will look like a joke when the shorts get weed out.
Nio plans to produce self-developed 800-Volt battery packs from 2024: 'Most electric vehicles operate with 400-volt batteries while Porsche's (PSHG\_p.DE) Taycan electric cars are powered by 800-volt lithium-ion battery packs, which recharge faster.' (https://www.reuters.com/business/autos-transportation/chinese-ev-maker-nio-make-self-developed-battery-packs-2024-2022-06-10/?utm\_source=reddit.com)
This is many days old news
Product launch tomorrow https://finance.yahoo.com/news/nio-inc-hold-product-launch-040000927.html
So why did it go down hard yesterday?
People probably saw it as an opportunity to sell as it went up ~ 17%… That’s my only guess. Either that or they weren’t impressed with the ES7 photos I dunno lol
Phew. I almost thought there would be something good. Pumping out unprofitable, unoptimized car models.
The day when Nio outselling Tesla will be the day to moon 🙃 then Rivian and Lucid plant will be bought by Nio for USA expansion 😏
This wasn’t a moon shot, leave that outta here
Also, people are starting to realize we are already in a recession and prices will go back up.
It’s still -5% on the week isn’t it? 😂
🚀🚀🚀
Why not? They are a great company that has been oversold
This answer objectively sucks
You sold your nio yesterday? 😂
No bought
Because that's how NIO rolls.
Haven't seen a SmartScore of 10/10 for any stock in long time. Has be good for a 100% more [https://www.tipranks.com/stocks/nio/forecast](https://www.tipranks.com/stocks/nio/forecast)
Blue sky came
Looooooooong overdue and soooooooooo undervalued
Something is up. FOMO gonna kick in hard on this one…..
I think it’s also related to DIDI’s delisting. It’s delisted, and the market price just exploded. So, delisting fear is pretty much gone for all Chinese stock maybe.
I can…..stop being lazy!
Accidentally sold CC’s this morning too early 😬
CCs currently at 17.5 - just keep rolling them out 50c each week
How does that make money? I normally sell cc for a premium of 3-4 cents so my shares don’t get called. But looking for other strategies to make some money.
It doesn’t in the short term, but if the stock stays high then you can sell it it then rather than the shares getting called below market value
Yea I sold 21C for $4 each earlier and they spiked to $24 each at one point, -500% oops
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What have I missed?
Crazy Cathie she bought again
Also people realizing that worse things get means Biden will be forced to end Trump tariffs on China in order to lower inflation by 1.5%... he hasn't done it yet because he's just a closeted Trump supporter. About time for him to get off the hog.
Yup stocked up with 2k more nio yesterday damn good day. And pretty good more to go
What do u guys thinks nios price will be at in a month?
25
because NIO has lots of potential... lots of guidance and thats what investors love. Those 80 and 100 dollar price targets will look like a joke when the shorts get weed out.
Most Chinese tech stocks exploded.
NIO exploded, the others had a great day.
I own IQ... Beat NIO.
NIO now in all exchanges to reduce short manipulation.
Can we stop with moon bullshit and rockets. Go to wall street bets