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Still doesn't work.
Get over it.
Um ...
That "news" is TWO MONTHS OLD.
Look at a NIO chart on that date. You'll see a very tall RED candle on that date, then a much smaller red candle on the following day. Then on the third day, NIO was trading at the same price as the day before that news came out.
China EV Subsidies ...
They go to ALL EV manufacturers in China.
As far as I can tell, the subsidies don't favor one company over another. Therefore, NIO has no advantage over other EV manufacturers in China.
That said, Tesla (which also received financial incentives from China) has the competitive advantage in numerous ways.
The main way is that Tesla does their own manufacturing whereas NIO must pay another company to make their cars and that alone guarantees that NIO cannot make a profit until NIO gets its own factories, which means NIO must put on a very large debt as they finance those factories.
In my opinion, NIO's best chance at making a profit on their shares is for NIO to be bought out by the company currently manufacturing their cars. That may not be possible in a way that benefits current NIO share holders as the purchaser would have to also assume ownership of NIO's current debt. Add all that up ... current open-market share holders lose while insider-shareholders win big time as their shares were purchased (and often gifted) at prices far below market.
Your link doesn't work.
NIO Sup/Res Levels
NIO's Friday Close was at the top of the Support range (at $2.94), and that was after four consecutive days of testing support just above $3.00. Does that mean that NIO trades lower? Not sure -- maybe traders were merely afraid to hold shares over the weekend.
If NIO closes lower on Monday, does that mean it trades lower into that support range during the rest of the week?
I think it will try to bounce higher on Monday, but I wouldn't use that as a buying opportunity.
Using 5-min candles, NIO shares are trading below its SMA(20) which just bounced lower off its SMA(50) which traded below its SMA(200) late last Thursday; and that general downtrend has been continuous over the last 5 trading days (starting one-hour into last Monday). In fact, NIO spiked higher last Monday (and the prior Friday and Thursday), but gave everything back during the rest of those three days -- every attempt to go higher resulted in profit-taking by day traders. Day Traders win -- Swing Traders lose.
In that article,
nothing said about battery swap.
The article also does not show preferential treatment toward specific electric car companies. Therefore, all electric vehicle manufacturers located in China get Chinese subsidies.
That is consistent with historical behavior as Tesla received Chinese government subsidies to build their electric car construction facilities in China.
Invalid link.
Article is 14-months old.
Thank you very little.
The “Tesla Killer” Is Here ...
[And therefore NIO killer]
American-Made "Blue Gas" Has Elon Musk Furious!
Plus: The tiny stock behind the engine technology that’s making it possible. And why it's set to trade higher than Tesla within the next few months.
I say “unusual” because unlike the gas stations right down the road...
It doesn’t pump oil or fossil fuels.
It costs next to nothing to fill up your tank.
And 18-wheeler semi-trucks from the port now stop here every day to fill up and go.
All without a single carbon emission.
This is completely clean, zero-emission fuel.
Funny enough...
On the road out here you’ll see more Priuses and Teslas than in any other city in America. But this has nothing to do with either.
In fact, here at this unknown site, salt-of-the-earth truck drivers are making the carbon-free energy revolution possible.
You see, this gas station is at the epicenter of a $2.5 trillion revolution in energy.
One that involves a weird form of fuel known as "Blue Gas."
And the thing is...
It doesn’t involve lithium or batteries or rare earths.
https://www.outsiderclub.com/batteries-now-obsolete-the-tesla-killer-is-here/94554
Already saw that.
Problem is: Each car that NIO sells is sold at a loss.
One would think that there must be a break-even threshold number of cars sold after which profits are generated, but I've never seen that expressed.
Thanks anyway.
They don't say much about it.
And when they do, they don't say much about it.
You must know that's an error.
That's been on the Yahoo page forever.
There's also a lot of other old junk in the Yahoo data for NIO. You have to assume Yahoo doesn't care because it's a penny stock, so they don't put much effort in updating information.
Now, at https://finance.yahoo.com/quote/NIO/ look to the lower left to see this regarding NIO:
In a table on that same page:
Current year's ending earnings estimate: -10.63
Next year's ending earnings estimate: -6.95
With those numbers, NIO will forever be looking for more funding, or be bought out (and not for a premium).
To tell you the truth, those are old numbers and likely won't be met because they don't account for the fact that NIO has recent competition in China: Tesla.
Base model starts at $140,000.
Uh, I think I'll pass that up.
China’s Year of the Electric Vehicle Is Now Year of the Shakeout
Updated on April 10, 2020, 1:52 AM PDT
The outlook is particularly clouded for local EV makers, which have most of their sales in China. Warren Buffett-backed BYD Co.’s earnings plunged more than 90% in the last six months of 2019 vs. a year earlier—before the impact of the coronavirus hit. NIO, WM Motor, and Xpeng Motors—startups with backing from technology behemoths Alibaba Group Holding, Tencent, and Baidu—may struggle to survive as their funding lifelines run out. And things could be even more dire for the scores of Chinese EV startups that lack the backing of a high-profile investor or partner.
“An EV shakeout is inevitable,” says Michael Dunne, chief executive officer of ZoZo Go, an industry consultant based in Hong Kong. “The coronavirus shock has driven investor appetite to nothing, so all EV startups are scrambling for cash.”
Even before the pandemic, the days of fast growth for China’s automakers were ending. Sales fell in 2018, the first decline in more than two decades, and dropped again last year as the U.S.-China trade war hit the economy. In 2020, China auto sales may decline as much as 10%, according to S&P Global Ratings. One reason for the dour outlook: China’s gross domestic product growth is forecast to be as low as 1.4%, compared with a pre-pandemic estimate of 5.9%, according to Bloomberg Economics.
Compounding EV makers’ woes in China are global supply chain interruptions, the plunge in oil prices, and China’s rollback of some emissions standards, which had helped spur interest in electric cars in recent years. Plus, the government last year started cutting back on subsidies for buyers that EV makers had relied on to be price competitive with traditional cars.
****
General Motors in February introduced the Menlo, its first electric Chevrolet in the country. Daimler started making the electric Mercedes EQC at its sprawling Beijing factory. BMW is scheduled to begin producing its iX3 electric SUV in China soon, and Volkswagen is starting production at two new Chinese plants. But as more cars roll off the country’s gradually reopening assembly lines, it remains to be seen whether consumers will race to buy them. “In terms of the automobile industry, it is still facing great difficulties and problems, especially the problem of weak consumption demand,” says Xin Guobin, vice minister in the Ministry of Industry and Information Technology.
https://tinyurl.com/y932zc89
Nio is like Johnny Cash ...
Really?
Stupid metaphor.
The Coronavirus is not done with China.
Below is a link to an application that uses your browser to monitor the status of that virus anywhere on the globe. It was produced by Johns Hopkins University and is free for anyone to use.
https://coronavirus.jhu.edu/map.html
Using that application, you will see that COVID-19 is still very active in China.
In terms of using that application, look at lower-left tabs:
Admin0 provides for choosing a country.
Admin1 provides for narrowing the location within the selected country.
Admin2 provides for selecting cities within Admin1.
Chances are probably high that data from China are not accurate.
Not surprised you were surprised.
Hey, TSLA was brand new to China and just completed the construction of a car factory in China in record time, and which is now up and running; and now the sales of TSLA cars are taking off and exceeding what NIO can do in the same time frame.
On the other hand, the CEO of NIO spent a lot of his time playing around with his race car (funded by his company -- the playboy idiot) when he should have been putting all his energy and time and money into his fledgling car company.
And now NIO has to play catch-up with TSLA, and that's a battle that NIO under its current organization and leadership is not going to win.
NIO has no car factory of their own, and that is a very big deal.
That's a pretty bad metaphor.
But if I were to continue duh metaphor, NIO wouldn't be in the Top 40, and therefore wouldn't even be played over the radio because it is too insignificant.
On the other hand, Tesla is not only in the Top 40 but it is near the top of that group and that's why its share price is so freaking high.
I'm not sure what you're saying.
Or that it should have anything to do with Tesla or Jeff Bezos, or NIO.
But I do know this:
Tesla sales surprise in China amid crisis, owns about a third of the EV market
According to Cui Dongshu, secretary-general of the China Passenger Car Association, Tesla delivered 3,958 cars in China last month — 400 more electric cars than during the previous month.
Doing the math here: 3,958 cars last month plus 3,558 for the previous month equals 7,116 Tesla cars in just two months. Wow, go Tesla!
The China Passenger Car Association also notes that Tesla sales represented about 30% of all new-energy vehicles, which is how China refers to electric vehicles.
https://tinyurl.com/ya5xx2by
What about NIO?
NIO's February sales decline was surprisingly modest in context, as overall sales of passenger vehicles in China fell about 80% in February. In a statement, NIO's CEO, William Bin Li, said that most of the company's stores were able to stay open at least part-time through February. Customers were also able to take advantage of online ordering, he said.
Li said that NIO's production has been ramping back up since the middle of February, when strict quarantine measures were eased, but not everything is back online. In particular, "Supply chains have remained challenging," he said.
Through the first two months of 2020, NIO delivered a total of 2,305 vehicles, down 11.9% from the same period in 2019.
https://tinyurl.com/y8lfa39r
Would you guess that NIO's poor performance -- drop in sales -- had something to do with competition from Tesla?
TSLA earnings, last two quarters:
09/29/2019 = $1.86
12/30/2019 = $2.06
Current Year (2020) Annual Estimate: $2.95
Next Year (2021) Annual Estimate: $11.08
https://finance.yahoo.com/quote/TSLA/analysis?p=TSLA
Even when TSLA doesn't have earnings, that is because the money went into infrastructure (such as assembly plants and production machinery and office buildings) ... something that NIO does not have, and has no plans for.
Assembly plants and production machinery is something that NIO doesn't have, as NIO has chosen to pay other assembly plants to build their cars -- and that expense goes on forever until NIO wises up and builds their own plants (with borrowed money, of course). As NIO has no plans for that, its only value is in stuff called Intellectual Property, Goodwill, and Intangible Assets (all being very blurred things).
If you want to see the same numbers for NIO, use the links below:
(Use caution, it's very ugly.)
https://finance.yahoo.com/quote/TSLA/analysis?p=TSLA
https://finance.yahoo.com/quote/NIO/balance-sheet?p=NIO
Well, sort of.
I think it was 2001, but maybe that's splitting hairs.
Sometimes, particularly with stock trading, learning the right lessons often takes decades. Emotions get in the way of logic derived from history.
For instance, just because a stock trades for only a few dollars does not mean it's cheap. Usually, the opposite is true, and that's why a particular stock carries such a low price in the first place. And at that low price, without earnings in sight it's overpriced -- as its debt usually exceeds its liquidation value including intellectual property value, often expressed as the value of its patents.
Stocks should be valued by their positive earnings potential, and that takes more than imagination to determine. The way NIO is structured, and because of their current debt which is very large, I can't imagine when it will ever be profitable. For that reason it makes more sense to trade stocks which are already profitable, but they are going to cost more than a few dollars.
Same article implies ...
other electric car makers did much better in China:
Reuters reported the electric vehicle maker's car registrations in China rose 450% to 12,709 units in March.
And there just happens to be something about Tesla at that link.
That link is a year old.
And boy, was that an expensive place to build! No wonder NIO can't make a profit.
How's it working?
Considering you're here,
possibly investing in a penny stock named NIO (a perfect name for a dog), this might have more to do with why you lost that money.
Falsehoods?
One slight one, sort of: I don't live in China so I don't really know what the vast majority of the people living there think of NIO's business or why, but under current circumstances, NIO is always going to show a business loss.
NIO designs cars (and that is a total expense as nobody pays NIO to do that). NIO also subcontracts the construction of the cars, so those overhead costs are a total loss for NIO. NIO has showrooms, which is a cost; and NIO does advertising, which is a cost.
NIO customers who opt to lease the battery reduce the cost of their EV by $14,476 US, but that costs the customer a subscription fee, of either $142 US per month or $1,570 US annually, to access NIO’s battery swap stations and other “Power Express” services, like a public charging network and the use of NIO’s Power Mobile charging trucks.
Did I mention that the NIO ES8 Battery Recall Cost NIO Over $49 Million? Guess I forgot.
Advertising? NIO pays for that. No independent dealers.
Showrooms? Yep, NIO pays for that. No independent dealers.
Well then, how does NIO ever make a profit?
Answer: NIO must develop the ability to manufacture their own cars, thus eliminating the added costs associated with paying others to do that work for them. And they probably ought to do that not just in China, but also in Northern Africa, India and Mexico, where labor is cheaper and they are manufactured closer to their customers, thus significantly reducing transportation costs of finished product.
Oh, almost forgot, the NIO board of directors needs to find a new, seasoned, CEO that has a history of knowing how to run a successful car company. Eh -- take that back. Just sell NIO to TSLA.
Everything in the post was true.
Not liking it doesn't make it false.
It's a shame that a great product is being made and sold by a company with such bad leadership.
Therefore to invest in the company, it first needs new leadership and reorganization which cannot be done by current leadership. In other words, there needs to be a takeover by some entity currently outside the company.
Call it a hostile takeover but with good intentions.
Sorry to hear that.
All you care about are battery swaps, while all I care about is company profits.
That's the worst site for estimates.
They don't strive to do a good job, and they say nothing about their process, and don't even name the analysts, but it's free. And you get what you pay for.
The best site is TipRanks but you have to get a membership. But you can get a little free information as a tease.
TipRanks also only uses current analysts of high quality and reputation, and they will have a complete bio of every analyst and show you their picture and their historical performance on the stock of interest or any other stocks they rate. So there is a lot of credibility and reputation contained in TipRanks' numbers. That said, there are only two analysts worth mentioning following NIO. Not surprised. Better stocks have a lot more analysts -- of course.
And for April 2021 (the end of the next twelve months), here is the TipRanks estimated upper (not High-Low range) price target (through that 1-yr period) for NIO:
High: $4.30
Low: $3.90
Of course, they will change those estimates as the conditions change.
So, if you really want to grow your money over the next year (or three) while investing in NIO, buy the stock then sell its weekly Calls week after week after week. You will grow your wealth by selling those Calls, and sometimes allowing your stock to get assigned. Buy the stock back and repeat over and over. It's boring but it works ... over and over.
https://www.tipranks.com/stocks/nio/price-target
I wouldn't go that far,
and I don't think it is a fair appraisal.
I'm as white as white can get, freckles and red hair, and most of my ancestors stemed from France and all the way up through Ireland, yet most of my adult friends have been Asian, from South Korea and Vietnam and all the way up into Japan and China, as they came to this country on H1-B work visas.
And as a child in Colorado, most of my friends were Mexican or were from farther south as most of them came to school from farm labor families, got their 8th grade education here and worked on the farms the rest of the year. They couldn't afford the luxury of getting an education beyond the 8th grade. In that way, they were no different than my dad, who was raised on a farm, so he didn't go to school beyond the 8th grade either, as he then had to spend all his time on the farm. Oddly, it seems, my father married a white woman who never received anything less than an "A" grade all the way up through college, then became the Principal of the school I went to.
Everything considered, all those "people of color" I grew up with and worked with as an adult are of finer character than the group of "others" I've known.
Truth?
Though you might not like my opinion, and probably don't, I haven't lied about anything.
What's more, NIO's current car is advertised as an SUV. It could be called that since it has so many seats in it, but it is a lousy SUV if you drive it as one because it has way too small of a ground clearance and could easily get damaged on a gravel or dirt road that an SUV would normally be expected to drive on, so in that sense the advertising of that car is itself a lie -- or just plain ignorant, which is probably the actual case. In my opinion, since it has so many seats and has low clearance from the road, it should be called a station wagon.
Now, after doing a little more research, I see that both the ES6 and the ES8 have five (5) doors. Could that fifth door be at the back of those cars? I'm guessing those cars open at the back -- the fifth door. Well there you go, they are for sure station wagons, and they are so low to the ground so little old Chinese ladies can get in and out a little easier.
As far as the quality award goes, I read about that (assuming we are referring to the same thing) and was not impressed as it was a new-owner opinion survey during their first few months of ownership, and there was no list of all the questions.
Furthermore, the "study surveyed 2,770 owners who bought new electrified vehicles from September 2018 through March of the following year. It covered 41 models from 21 brands and was carried out from March to May in 30 provinces in China.
Now, from that last paragraph above, how many owners reported on a NIO car? There is no accurate answer. And where is the list of questions? Don't you even want to know what those are?
I think we should suggest to NIO that they call in Road & Track to come over and do a proper road test and survey.
Since you are asking me to stick to the truth, show me a lie that I wrote. You should do that or you should apologize for calling me a liar. I have typos sometimes and I have opinions but neither of those are lies.
Lithium IS a problem.
Always will be. I never said it wasn't.
But there are new battery technologies being developed for cars which do not use lithium.
I know very well how long things last -- as I worked for decades as an electronics design engineer as an employee then later as a consultant to companies with annual revenues well over a Billion Dollars per quarter. And for many years I was a voting member within IEEE standards committees, a group wherein one negative vote could stop the passing of a regulation. I held up at least one.
So I know electronics, mechanics, dynamics, and thermodynamics better than you know the palm of your hand.
NIO is run by a playboy CEO who wasted a bunch of money developing and playing with a race car funded and built through NIO. For that alone, he should be replaced.
....................You might want to know that Elon Musk considered robot swappable battery technology long ago and rejected it......................
At the company's recent shareholder meeting, Musk told investors that few Tesla owners have used the company's swapping station at Harris Ranch, California, located between Los Angeles and San Francisco.
"We've invited all the Model S owners in the area to try it out, and of the first round of 200 invitations, only four or five people were interested," Musk said at the meeting. "Clearly it's not very popular."
An independent survey of 145 Tesla owners conducted by Jefferies supports Tesla's findings.
According to Jefferies auto-analyst Dan Dolev and his team, the majority of respondents (54%) said that they weren't interested in the battery-swap technology.
Dolev believes this lukewarm reception to battery-swapping signals that the development of a faster charging option is a more "compelling solution" for consumers.
Those Calls were assigned.
Therefore, bought back TEVA shares today within two accounts. All in. Had to settle for getting the shares between $10.20 and $10.34, but would have preferred $10 or lower, but the stock couldn't stay there long enough for me to do that in two accounts. I wanted that so I could sell (a little later as the stock tries to rise) this week's $10 Calls.
It's often pretty difficult to trade both stock and options in two accounts and within the same small time frame get the best prices on the stock then follow that by waiting for awhile then selling Calls in two accounts while the stock is trading a little higher, and at the same time get good prices for those while most of the market it dropping but the stock of interest is not dropping as all this is going on. If that sounds like a pretzel trade, that's because that's what it was.
I probably shouldn't complain because, despite the dropping market, TEVA (at least for now) wants to go higher. So my plans changed and I sold the $10.50 Calls for this Friday. Those averaged a little over $0.18. But I would have preferred selling the $10 Call and getting nearly $0.50 for those.
I stopped reading your post,
when you mentioned batteries.
Why? Because there are new battery technologies in the process of being developed specifically for electric cars and they will have very different chemistries and physical form factors which will make existing batteries obsolete. And if you've ever repaired a car then you must know how expensive it is to go to an auto parts store or dealer to buy automobile repair parts. Replacement parts for vehicles is a gold mine for auto manufacturers, and all the burden is placed on the buyer of the parts.
And, by the way, those battery swap thingies are very expensive to install and maintain by NIO and will go a long way toward keeping NIO unprofitable well into the future, especially as battery technology changes will probably require modification of the battery swap thingies everywhere, all over the country. All that financial burden falls on NIO and therefore on their customers and all that further helps maintain NIO as an unprofitable business well into the future.
Profits for NIO are over-the-horizon far away.
My move is not to use NIO.
The problem with NIO is that the spread on NIO options (at $0.50 per step) is too wide for the underlying price of NIO.
So I will be using something which is trading at a higher price. If you search my posts, you'll see what I am using.
But you can try NIO if you want to. Your first step is pretty obvious: you have to buy the stock before you can write Calls.
I think you should try CCs immediately.
Learn the rest as you go, and I'll try to help.
Why CCs now?
First, you will not be allowed to sell Calls unless you already own the stock. If you already own a stock, then you must have a good feeling about which way the stock is going to move, and we have to assume your direction is up or you would not have bought the stock in the first place.
Selling Covered Calls against shares you buy gives you immediate income seconds after you enter the order if you picked a reasonable price. After that you can do whatever you want with that income. What you cannot do after selling Calls is to sell the underlying stock -- you will always have to hold the stock as long as you have sold Calls against that stock.
If when selling CCs you picked a Market order, the Calls will be sold immediately at the lowest price within the current Bid-Ask spread -- the Market Maker gave you that low price because he is going to flip the Calls at the higher price (as the difference between Bid and Ask is always his profit minus some tiny fees). If you want a better price then you either have to wait for that higher price (which is in itself risky because the underlying stock may not rise in value) or you could try the sale as a Limit order at the price you want, but you run the risk that the order doesn't get filled as you picked a price that is too high.
Sometimes you will want to buy the Calls back for various reasons (such as the stock came down a bit so you may want to buy the Calls back more cheaply than you sold them, then sell them again after the stock goes higher, assuming they do). That's a risk. May not happen.
Stated differently, when you sell Calls, you are essentially selling risk to someone else (the Market Maker, as the buyer of those Calls). But he doesn't lose money because he is also on the other side of the trade, selling Calls to you or anyone who is interested in buying Calls and he does that at the high end of Bid and Ask range. So his profit is always there, as the spread between Bid and Ask -- that's his income.
The current market is in a correction which means the stocks are trading at high volatility (a major input when determining options prices, while the other major input is time value). Monthly volatility and stock prices are direct inputs when determining options prices, so options prices will be higher on more volatile stocks. Time value is also a direct input to the options pricing model but it is a square-root function of percentage time left till expiration (not a linear function), and that makes time value a highly nonlinear function as expiration is approached (meaning most of the value on a percentage basis is lost near the end of the period). For instance, if half the time to expiration is gone, the weekly options don't drop in value by a ratio of 0.5 (or 50%); instead, they drop to about 70.7% of their original value (or the square root of 0.50 which is 0.707, expressed as 70.7%). More simply in general terms, weekly options prices decay very slowly at the beginning of the week then accelerates very quickly at the end of the week.
The way I look at selling Call options against my stock every week is that the sale of the options is my way of paying myself a weekly dividend for taking the risk of holding the stock.
So, do your homework, buy the stock, wait for it to rise a little (hopefully) then pay your own dividend to yourself by selling weekly CCs. That's your bonus for taking on the risk of owning the shares.
Another thing to take advantage of: options pricing gets very volatile near earning release. That's when you hear the term "implied volatility". That means that options are trading at much higher prices than the options pricing model says they should according to the underlying stock's volatility. Options traders are causing that as they race to put on Call or Put positions (and sometimes both as synthetic stock trades, or stradles) that seek to benefit from earnings release. They are willing to pay too much for options on either side of the trade, and that's why it is called implied volatility, because the actual stock moves are not that volatile. In fact, most of the time stocks don't move very much right before earnings release as many investors don't know for sure how the market is going to react to the earnings release.
Well, clear skies;
I live in a place in the country where there is no smog from vehicles. No sound of vehicles either unless the humidity is very high and wind velocity is low and comes from the south -- a rare situation, and even then the closest highway is 4-miles away. If a rancher drives by I hear that because he has to cross my property to get to his. I could drive well over a hundred miles west or north or east and there would still be no smog. To find smog I would have to drive at least 80-miles south of here then if I looked southward I could see someone else's smog. I drive into that once in blue moon to visit relatives. It feels like I'm entering an apocalyptic scene under low-hanging coastal clouds and all the passing cars seem like hovercraft whizzing by. It scares the shit out of me. Then I realize I'll only be there a few hours.
If (when) NIO gets really cheap I might buy a few thousand shares in each of two accounts -- throw-away money -- like when I was a kid and I would throw small bits of paper into a stagnant pond just to see the carp come up off the bottom to snap them up and drag them back down.
I finally had to go shopping for groceries yesterday and planned on buying more than I usually do. I took a pair of gloves of the type concrete workers wear as they are rubberized on the palm side and have ventilated fabric on the back. The handlebar of a shopping cart is the filthiest thing you can imagine in terms of viruses as every adult you can imagine also touches them as easily as they touch their own private body parts and as easily as every diapered child slobbers on them. The checkout clerks all had masks on and there was a hastily constructed plastic window barrier between me and them, and the clerk wiped down the wet conveyor belt before I placed my purchases on it. As he started the belt moving again, it became all wet again as it emerged from its slot. I asked if the fluid on the belt had antibiotics in it. He said he didn't know. I didn't say anything at that point because I was afraid I would utter, "how stupid can you be, not to know?"
The last time I checked, Lake County, CA., my county, only had four coronavirus cases and they are still alive.
For what it's worth I don't invest casino style. I'm very selective in choosing the stocks I trade as they typically have lots of earnings and have lots of revenue and I've also chosen to trade a stock which sells healthcare drugs which ought to do very well during a time like this as this whole problem with the economy and the market is due to a health problem which logic says should help healthcare drug stocks as they sell remedies of those health problems. Then to further lower risk I sell the same week's Calls against the shares I've just purchased. Stated differently, I have income from the total trade immediately after selling the CCs. Trading that way, I've had nothing but income over the last few weeks, and expect the same for this coming week. In fact, if I had sold higher-strike CCs last week, I would have more income last week than the gain that I got because the stock was stronger last week than I thought it would be. As is always the result, because of the CCs and their strike choice, my stock was assigned away at a price higher than purchased. That often happens for Coverd-Call trades.
With that said, I'm sitting on nothing but cash and eagerly waiting to repeat last week with the same healthcare company. Buy the stock -- wait -- sell next Friday's Calls.
As long as you're making comparisons:
The gas tank of a conventional car is a small amount of sheet metal and will outlast the car itself.
The "gas tank" of an electric car is a complex and very expensive battery which uses rare-earth elements (a lot of it from countries which are dangerous to visit, or impossible during a war situation) and is damned expensive and wont last nearly as long as a gas tank.
Then don't forget to count all the parts that go into numerous electric motors to drive the wheels and all the support electronics for those motors and the battery and the charging system. Then you must also consider that electrical stuff is nowhere near as reliable as mechanical stuff, and your typical grease monkey or do-it-yourselfer wouldn't be able to fix anything.
So the best comparison -- of the type we're doing -- is to not count parts, but to only count cost of purchase, maintenance, repair, and replacement. And to count on not being able to repair an all-electric car yourself.
Competing and comparing = shopping,
and pollution.
It's not a good idea to have a social agenda while trading companies in the stock market.
Your reason to be in the stock market is to make money, and NOT to advance a social agenda. If you have a social agenda: volunteer your time, not your money.
Now let me tell you something of which I'm certain most people have little or no understanding.
You bring up pollution, so I'm sure you are referring to carbon monoxide and carbon dioxide.
I have a college degree in engineering and was required to take a couple of advanced classes in thermodynamics. From that I know that internal combustion engines spit out CO (Carbon Monoxide) and CO2 (Carbon Dioxide), and I know that the CO quickly oxidizes as it comes out of the engines exhaust, thereby becoming CO2. At this point the CO is gone.
Both CO2 (the final fumes from a gas or diesel powered car) and water vapor (a gas form of H2O) are denser than air. Anything in the air which is denser than air is a global warming gas by definition. Therefore, water vapor is a global warming gas.
One gallon of water weighs 8.34 lbs. Every gallon of water (H2O) you use eventually ends up in the air as water vapor (still H2O but in a different physical form).
One gallon of gasoline will produce about 20 lbs of CO2, a global warming gas (which can be easily calculated from complete oxidation of gasoline molecules).
Keep those two weights (8.34 lbs and 20 lbs) in mind.
The ratio of water vapor density to CO2 density is 0.436 at Normal Temperature and Pressure (NTP). To compare global warming gasses (due to water vapor and CO2) one needs that ratio of 0.436.
From the basic information given above, and using a friend's water usage (to water his lawn and gardens on an average sized lot in the city):
By watering his plants and lawn, that person caused as much global warming every day during a 6-month period on his medium-sized lot during 2016 as a person can produce by burning 254 gallons of gasoline every day.
Now read that last paragraph over and over until you firmly know what it means. It takes a long time to burn a gallon of gasoline in your car, but your water sprinklers will spray 3-gallons every minute all over your lawn. That all evaporates away in a couple days, then you are out watering your lawn again. All of that evaporated water causes global warming. All of it! And it produces far more global warming than the gasoline you burn in your car's engine.
Humans initiated global warming at about 6,000 BC, as humans started to control and redirect water for irrigation purposes. They took water from where it is naturally stored deeply in lakes, ponds, and underground; then redistributed it comparatively thinly across vast areas of normally dry land where it quickly evaporated away.
Is CO2 really pollution? Both yes and no. Humans, and all other animals and mammals and insects, cannot breath CO2 because it displaces the oxygen we need, therefore it is pollution to us. But all plants all over the earth die without CO2 because that's what they breath. In fact, commercial greenhouses purposely pump CO2 into their greenhouses for the purpose of making their plants grow faster. The plant's roots don't need CO2, but they do need oxygen, so commercial greenhouses inject additional oxygen into their water supply.
Because that wouldn't make sense.
EV-only car makers have to compete with EVERY car maker whether the fuel is electricity, gas, or diesel. Whatever the engine, it's still a car.
Maybe NIO should expand their reach by selling the same car but with a choice of engine style (electric, gas, or diesel). That would satisfy people who don't want an electric-only car for valid reasons.
Doing that would help NIO as that would broaden their market, increase sales; and as a result, would lower cost of production on a per-unit basis as a natural result of building cars at higher volume.
But, NIO chooses to limit their market by being an electric-only car manufacturer and thereby limit their addressable market and suffer the consequence of limiting their sales to a specialized market.