"Wobbles the Mind" (wobblesthemind)
09/24/2019 at 07:11 • Filed to: Nio

Heads up, I’m on my way into work but saw the Q2 ER for Nio. I said I was looking for an average of 2,500 deliveries per month but these guys did 1943 for August and September’s guidance is looking to be about 1,500. Golden Week happens the first seven days of October so that would mean October deliveries may be around 1,100. Deliveries can’t go down this time of year.

I had to sell my shares (16, 664 total ) yesterday so there goes my premium , but I’m still going to trade the stock through the end of the year . I would need the Q3 earnings to tell how many cars they need to deliver in order to breakeven on costs now that they will have seemingly cut their expenses by half going into Q4.

Still a great brand with great products, but the business lost its stability over the last few months and the US stock market is likely to have a 10% drop relatively soon so I need cash on hand to be ready for that time.

DISCUSSION (4)

Ready for an adventure! > Wobbles the Mind
09/24/2019 at 07:43

Thanks for the heads up!

CompactLuxuryFan > Wobbles the Mind
08/12/2020 at 13:44

Hey, any NIO updates from you? Still expecting a ride up this fall-winter?

Wobbles the Mind > CompactLuxuryFan
08/17/2020 at 10:24

I had no idea anyone was still interested in this! Yeah, a nything up to $14.50 should be a good buy since Nio will likely be hitting a production top of 60,000 vehicles annually (5,000 average per month). That should push them towards a global EV market share of around 3%, maybe up to 4% if their deliveries grow but total EV market sales lag this year (effectively pushing Nio closer to a 5% market share) .

This true for Tesla and any other EV automaker. Market share is what is being priced, plain and simple.

CompactLuxuryFan > Wobbles the Mind
08/17/2020 at 13:50

Haha well I ended up buying some back in October but I completely ignored it and did not sell in February. So now it’s ballooned and I’m just wondering what to do.