Nio Inc. If you were converted into a bagholder by NIO tod

Dio Brando11/10/2020 15:14

$Nio Inc. If you were converted into a bagholder by NIO today, just sell for a loss and come to $Xpeng Inc to recoup. NIO is NOT backed by the Chinese govt, it's backed by the Tier 2 city of Hefei. They primarily sell luxury cars worth more than Tesla's in a country with not that many rich people while XPEV captures the middle and lower class. NIO might be a hot topic, but it's going to get dumped at earnings because it's value is propped up by lies and hype.

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