NIO BREAKDOWN TO ZERO,
NIOs WORTH NOTHING!?.,
NIO stock HARDLY HAS ANY VALUE MAY BE 0.66C!
IT SHOULD BE TRADING BELOW $1!
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Why?, If you read such a news from other places or if anybody saying NIO is worthless, I am not sure why and what their prediction is about.
But here at Penny's breakdown, the cause for NIO's below $1 value or zero or worthless is because of the Debt!.. NIO has huge trucks loads of Debt with zero revenues and nothing seems to be happening for a long foreseeable future!?. Nor does they sell any product yet?, seen no cars made by NIO cruising through the streets? and it is a Chinese EV company with only Debt, no money?.
As a matter of fact, Penny's is the only place you will find such as this:
TSLAs losses are in BIllions despite large revenues?
More than 12-13Billion in Debt? Lol!
that is not all
2021 onwards, huge competition, only a little bit of the Pie?. Lol!
"TSLA is also a worthless company??, why?, because TSLA is totally run on Debt, and govt leveraging lots of taxes etc, but if the debt providers ask for their money now, TSLA will not be able to pay even half of its debt, it will go bankrupt and shut down!, the only difference between NIO and TSLA, tesla is making cars and selling for the last several years, whether it is profitable is a different question but they make products and some amount of revenues flowing into the co?..!.
Anyways, do your own DD, these are all just for information and education purpose only and are opinions..!.
Nio Inc ADR (NIO)
20.94 -0.28 (-1.32%) 02/25/22 [NYSE]
20.85 x 27 20.86 x 9
Post-market 20.87 -0.07 (-0.33%) 19:59 ET
Quote Overview for Fri, Feb 25th, 2022
