Dec. 4 at 6:34 PM
$NIO is selling more cars, selling chips, seeing growth in swap station usage, etc. I am buying more shares. There is no rational reason for the slump on the stock price other than continued market racism against China, the general market pullback, and ever so tiny miss for estimates.
No other time have we seen NIO so focused on execution, aiming towards profitability and otherwise reaching records of deliveries.
Soon to celebrate 1 million premium cars delivered.
As I have mentioned before, I don’t care about interim stock price. William Li might not be the sexy CEO we want, but he has delivered this company to where it is today… a technology behemoth, waiting to explode.
I’m patient. Losses aren’t losses until you’ve sold. Unless you are overleveraging with margin or options.