May. 15 at 5:52 AM
$XPEV Xpeng IPO 2020
$15
$NIO IPO 2016
$6.26
If you bought either company and held for 6-8 years, you would have made nothing and lost on 8 years of opportunity cost and inflation.
Nio just rolled off its millionth car, thousands of swap stations, xpeng has VLA 2.0 (more advanced than tesla FSD) and its own Turing chips.
Nio has moat on battery swapping and had its first quarterly net profit in March.
These companies are selling 35-45,000 cars a month and expanding globally. Yet, they remain stuck at or below IPO prices from nearly a decade ago.
Wall Street is a rigged machine, that’s all you need to know. No good news will do anything to move this stock because it’s Chinese.
