It was even said by the new intel CEO “most chips are made in Asia” they should fight for that
lazarofgomez
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Looks like we can’t have 2 consecutive green days in this stock. Something always has to happen
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Looks like it’s not gonna be a good day for NIO with the semiconductor shortage. Once the news spread. Hopefully people realize that it’s not their fault and take advantage
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I keep buying the dips and it keep dipping. It looks like it’s gonna get back to $2.50. Every time China sneezes or any country mentions China the stock drops. I’m getting tired of this bs.
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Nio is really becoming a fkng pain in my ass. I’m losing my patience with my calls.
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$NIO 4:29 EST. Pre-Market. $39.55 Down -$1.97 after Hours
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I just read the full ER and fundamentals look very nice. I completely understand that they missed earnings but we have to understand that this still a very new company. Tesla took +10 years to be profitable. The bottom-line miss isn’t all that big a deal. Sales are a bigger deal, and the reported number was slightly better than projections. Still, NIO ADRs are down about 4% in after-hours trading. Vehicle sales guidance for the first quarter of 2021 appears to be what’s shaken confidence.
NIO says it should deliver 20,000 to 20,500 cars in the first quarter. That’s growth. NIO delivered more than 17,000 vehicles in the fourth quarter. But the company delivered 7,225 vehicles in January 2021, so February and March look a little weaker compared with January.
Investors, however, should remember the Lunar New Year holiday began on Feb. 12, and consumers typically hold back on big-ticket items such as cars during the festivities. NIO delivered 5,578 vehicles in the second month of 2021. The company expects sales to rebound in March.
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