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$NIO overbought was up from $1.20 last year
Cathie Wood-led Ark Invest appear to be shorting $NIO
$NIO trading lower amid continued regulatory concerns and COVID-19 Delta variant pressures.
Man that was close I almost got out whew! I am NOT selling this for a LOSS mark my words lol
Don't understand why the price is dropping after a strong earnings report. Beat all the estimates. Tesla went up afterwards
I am +1.04% I am not going to allow myself to loose a dime to the Chinese lot now not ever
NIO It is a fabulous investment. As always every earnings produces higher vs previous earnings. NIO is an amazing investment. NIO is a True investment.
NIO Stock: EV Maker's Second-Quarter Loss Narrows as Revenue Rises
By: TheStreet | August 11, 2021
• NIO beats Wall Street's expectations as second-quarter vehicle sales surge 127%.
NIO (NIO) posted better-than-expected second-quarter earnings Wednesday as the Chinese electric vehicle company reported a jump in revenue and raised its guidance.
Shares of the Shanghai company were essentially flat at $43.99 in after-hours trading.
NIO reported a net loss of 7 cents a share. The adjusted loss coming to 3 cents a share. Analysts surveyed by FactSet were calling for a loss of 9 cents a share.
Revenue totaled $1.31 billion, up 127.2% from a year ago. The FactSet consensus called for revenue of $1.30 billion.
Vehicle sales came to $1.23 billion, up 127% from a year ago.
The company said the increase in vehicle sales in the quarter was mainly attributed to higher deliveries achieved from more product mix offered to NIO's users.
NIO delivered 7,931 vehicles in July, up 124.5% year-over-year, but down 1.9% from 8,083 in June.
For the third quarter, NIO said it expects to deliver between 23,000 and 25,000 vehicles, up 88.4% to 104.8% from a year ago.
Revenue for the third quarter is expected to range from $1.38 billion to $1.49 billion, up 96.9% to 112.8% from a year ago. FactSet is calling for revenue of $1.32 billion.
William Bin Li, NIO's founder, chairman and CEO, said in a statement that the company achieved a record-high quarterly delivery of 21,896 vehicles in the second quarter of 2021:
"While the global supply chain still faces uncertainties, we have been working closely with our partners to improve the overall supply chain production capacity," Bin said. "We aim to deliver three new products based on the NIO Technology Platform 2.0 in 2022, including ET7, a flagship premium smart electric sedan."
Steven Wei Feng, NIO's chief financial officer, said vehicle margin and gross margin reached 20.3% and 18.6% respectively.
The increase of vehicle margin was mainly driven by the increase of vehicle delivery volume, higher average selling price, as well as lower material cost, the company said.
Last month, NIO said that by the end of 2025 it planned to add 3,700 battery-swap stations, which would give it 4,000.
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NIO EPS beats by $0.08, beats on revenue, boost Q3 delivery numbers
Aug. 11, 2021 5:31 PM ETNIO Inc. (NIO)By: Gaurav Batavia, SA News Editor40 Comments
NIO (NYSE:NIO): Q2 Non-GAAP EPS of -$0.03 beats by $0.08; GAAP EPS of -$0.07 beats by $0.04.
Revenue of $1.31B (+127% Y/Y) beats by $20M.
$NIO Descending triangle setup with a monster volume shelf forming around price
By: StockChartArt | August 11, 2021
• $NIO Descending triangle setup with a monster volume shelf forming around price. Earnings around the corner and once the fire Fire starts this one could really get rolling!
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Supposed to show filings after close tomorrow afternoon
NIO Earnings Report Is on Tap. Will Stock Rally as Tesla Did?
By: TheStreet | August 10, 2021
• NIO stock lately has been surprisingly calm, but that may change when the EV producer reports earnings. Let's look at the chart ahead of the report.
NIO (NIO) is set to report earnings on Wednesday after the close.
So far, it’s been a mixed bag for automakers.
Ford (F) rallied on its earnings report but failed to generate lasting upside momentum. It didn’t help that General Motors (GM) fell relatively hard on earnings, shedding about 9%.
For NIO, though, its closest comparison is often Tesla (TSLA), which is up 8.7% since it reported earnings. Even though it’s up now, Tesla stock didn’t have an easy ride despite strong results.
In fact, Tesla stock fell in its first post-earnings trading session and was still down 1.6% two days later. Only after a few days did bulls start to bid the name higher.
With NIO’s relatively muted price action lately (and struggles across the board for most EV stocks), can bulls expect a similar “delayed rally” from NIO, or should they watch for something else?
Trading NIO Stock
Daily chart of NIO stock.
Chart courtesy of TrendSpider.com
NIO stock has been surprisingly quiet lately, with the shares continuously chopping around $45. Several key moving averages sit around this area as well, including the 21-day, 50-day and 200-day moving averages.
Pressure in the form of resistance is slight, but now we’re just splitting hairs. What we really need with NIO is clarity.
We either need to see NIO stock rally on the earnings report and turn this “chop zone” into support, or we need it to pull back and turn this area into resistance.
If the shares rally, let’s see whether NIO can clear the $46.50 to $47.50 area. Above that puts $50 back in play, followed by a push up toward the $53 to $54 zone.
In that event, a rally over $47 will hopefully turn this $45 area (and these key moving averages) into support, giving bulls a new uptrend to trade and dips to buy.
If the earnings reaction is lower, keep a close eye on the 21-week and 50-week moving averages.
Investors will want to see these measures hold as support. If they don’t hold, the July low is in play at $38.66, followed by a potential decline into the $34 to $35 area.
Regardless of whether it’s a delayed reaction like we saw with Tesla, keep these levels in mind with NIO when it reports earnings.
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NIO EP9 first drive: the fastest, most expensive EV ever built:
https://electrek.co/2021/08/05/nio-ep9-first-drive-the-fastest-most-expensive-ev-ever-built-video/
Cheers to a strong week ahead for NIO!
I believe wednesday
when are fins due?
Not a good day. I was hoping we could approach $50 before filings came out. See what happens
Old news we already know this. Thanks
***NEWS***XPENG & LI AUTO OUTSOLD NIO IN JULY***
Li Auto (LI) and Xpeng Motors (XPEV) outsold Nio (NIO) in July for the first time amid supply-chain disruptions and competitive price cuts. Xpeng stock jumped as the Chinese EV startup announced strong presales for a key new electric vehicle.
Year over year, Nio sales leaped 125% to 7,931 electric vehicles in July. But month over month, Nio's EV sales fell 2%, on the back of declines for its ES6 and EC6 SUVs.
Xpeng's July sales jumped 228% year over year to 8,040, also rising 22% from June.
But last month's sales leader was Li Auto, whose sole EV, the Li One, is a hybrid SUV. Li's July sales vaulted 251% year over year to 8,589, growing 11% from June.
On Monday, Xpeng said it's forthcoming P5 electric sedan is generating "enthusiastic" consumer response in the presale phase. That comes after Xpeng priced the P5 aggressively, to compete with Tesla, which dominates the EV market in China. Model. Deliveries of the P5 — Xpeng's third EV, capable of lidar-enabled, highly autonomous driving, and a challenger to the Model 3 sedan — will start in Q4, the company said Monday.
Citigroup analyst Jeff Chung tied the sequential decline in Nio's July sales to Tesla (TSLA). The "trend for ES6 and EC6 is likely due to the recent price cut of Tesla's Model Y," Chung wrote in a Monday report. Against competition from Chinese EV startups, Tesla launched a cheaper version of its Model Y SUV with a shorter driving range in China last month.
Tesla cut its made-in-China Model 3 price last week.
Meanwhile, local Chinese media cited floods in Germany that affected the supply of air suspension shock absorbers and, in turn, Nio's production. Nio reports for Q2 on Aug. 11.
July sales for China's BYD (BYDDF), one of the world's largest electric vehicle makers, are awaited. In June, Warren Buffett-backed BYD's EV sales soared 207% year over year to 40,116 units, also increasing 27% from May.
Nio Stock, China EV Stocks
Shares of Nio rose 2.6% to close at 45.85 on the stock market today, above the 50-day line. Xpeng stock and BYD popped 7.1% each Monday. Li Auto and Tesla trimmed gains to 0.9% and 3.3%, respectively. Excluding BYD, China EV stocks remain in a bear market with no buy point in sight, according to MarketSmith chart analysis.
Nio and Xpeng are looking to bring their most advanced and technically ambitious EVs yet to market, hoping to shake Tesla's dominance in China. Li Auto also plans to expand its vehicle lineup with new pure electric and hybrid EVs.
Nio's ET7, its fourth EV and first sedan, will arrive in Q1 2021. The ET7, like Xpeng's P5, will be capable of highly autonomous driving.
https://www.investors.com/news/nio-stock-li-auto-xpeng-july-2021-ev-sales/?src=A00220
$NIO Falling wedge setup with a large volume shelf forming around price
By: StockChartArt | August 3, 2021
• $NIO Falling wedge setup with a large volume shelf forming around price. Watching for a high volume break out.
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$NIO Shares of Chinese companies are trading lower amid weakness in Tencent, which comes after a Chinese state-owned newspaper criticized the online gaming space. A Q1 sales miss from Alibaba has also moved Chinese stocks lower.
Maybe I am just hopeful but it seems NIO is in coiled spring mode.
A good time to expand production facilities during chip shortage.
Chip shortage wanes, production rises, then the spring pops. Good luck to all!
Good here. Where do we go from here till next week
Fins out on Aug. 11. Hope they re juicy
GREAT numbers for July... up 125% when compared to last year!
Thats actually 150 less vehicles than june but with the current chip shortage, its pretty good. Shortage should be over in the Fall and we should see some impressive numbers
NIO delivered 7,931 vehicles in July 2021, increasing by 124.5% year-over-year
Cumulative deliveries of the NIO ES8, NIO ES6 and NIO EC6 as of July 31, 2021 reached 125,528
SHANGHAI, China, Aug. 02, 2021 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market in China, today announced its July 2021 delivery results.
$NIO Delivery numbers Overnight.. see how it reacts
By: Options Mike | August 1, 2021
• $NIO Delivery numbers Overnight.. see how it reacts
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Nio Gears Up To Launch Mass Market Brand In 2022: Report
What does that mean? Thanks
$NIO Possible U & R play. Price coming back through the KMA’s on above average volume
By: StockChartArt | July 30, 2021
• $NIO Possible U & R play. Price coming back through the KMA’s on above average volume.
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$NIO Last time we had a ugly red Raindrop after a Blue one, a large rally followed
By: TrendSpider | July 29, 2021
• $NIO Last time we had a ugly red Raindrop after a Blue one, a large rally followed. Will history repeat itself?
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Who cares! Good luck
DiDi Might Not Go Private, but the Risks Are Real for Chinese Stocks -- Barrons.com $NIO
Nio should continue up till filings come out next week. Then it becomes a tossup
bib boys cleaning up the street before it makes its big move.
Nio Inks EV Supply Deal With Chinese Government: What Investors Need To Know
Covered my short on that last new low break if it rallies I will put on a another short.
NIO Power is a mobile internet-based power solution with extensive networks for battery charging and battery swap facilities. Enhanced by Power Cloud, it offers a power service
the system with chargeable, swappable, and upgradable batteries to provide users with power services catering to all scenarios.
NIO News
NIO's Game-changer: Unveiling the 1,000 KM Range Electric Vehicle Battery | New Era in EV Technology! | |
NIO featured on CNN |
Company Contact Information:
NIO. Inc. (China) P:862169083306
No. 56 Antuo Road Investor
Jiading Shanghai 201804 Relations
Website: www.nio.com
Twitter twitter.com/NIOGlobal
Instagram www.instagram.com/nioglobal
Facebook www.facebook.com/NIOGlobal
News www.nio.com/news
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