Note
Morgan Stanley price target $5.90 ; Rating : OverweightNote
NIO -> Technical Breakout + Fundamentals Improvement should lead to bottom formation in the stock. NIO's idea of battery swap is the right way to solve charging problems for EVs. Note
- NIO onvo is priced at 193,000 YUAN = 27053.61 USD- Car is more luxurious than Mercedez, BMW, Porsche and priced at a price of corolla
Note
- Personally, I hate electric cars especially because of charging thing and Tesla looks ugly with poor build quality. - However, After seeing
NIO Onvo L90, I would love to buy this car with a blink of an eye at this price point. I wish We could get these cars in North America. We are buying shitty cars at 50K USD and companies are selling their trash to us meanwhile the chinese EV makers are making cool things and these cars have awesome road prescenceNote
Point Targets:PT#1 , FIB 0.236 : 4.40
PT#2 , FIB 0.382 : 5.04
PT#3 , FIB 0.5 : 5.56
PT#4 , FIB 0.618 : 6.08
PT#5 , FIB 0.786 : 6.82
PT#6 , FIB 1 : 7.76
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.