$NIO TOP 20
Added 2023-10-24 09:55:17 +0000 UTC$NIO momentarily dipped into the buy zone yesterday, going below $7.38 and going as low as $7.31 before bouncing with the market.
Delivery numbers were released today for the week starting the 16th of October and $NIO delivered 4400, $XPEV delivered 4700 and $LI delivered 9500.
$NIO is sitting in third place now on delivery numbers. This figure is different to production numbers.
But this short coming explains why $NIO is down again in the PM and just at $7.38 again.
We may get a flush again at the opening for $NIO and it will likely test the $7 low or go lower, we want to see a bounce before $7 but it is in the hands of the bulls now to see how much they want this and to defend the line, they are certainly living on the edge now and allowing this to get very tight, not something we like but this is the situation now, we play the cards we are dealt.
$NIO has not executed to the level we have expected of them and this has damaged our projections and the share price......this does not mean that $NIO is not going to be a success in the long term, we are holding regardless and my plan remains the same to add in the buy zone.
Comments
Hello sir, what do you mean by "It’s a no brainer purchase. " This sentence souds very negative in comparison with the rest of your comments.
LukEngineer.xrp
2023-10-26 06:23:44 +0000 UTCThey pay JAC $1,260 vehicle. ASP is roughly $44k…
Blake O
2023-10-24 17:11:39 +0000 UTC3% margin will be positive. Do you have additional detail on how you arrived at 3% margin boost?
FS
2023-10-24 16:18:57 +0000 UTCFolks are thinking of this completely wrong. It appears that the masses are just looking at registration numbers and drawing a conclusion on winners and losers. XPEV is far down market. Their product is ~$22-25k / vehicle. Li is not a pure BEV. If NIO is churning out 15-20k / month, and they eliminated free battery swapping. Do the math on the accretive revenue. Swapping revenue over the break even point (60 / day, I believe is what Li said) will drop straight to the bottom line. Swap station 3.0 has the capacity to handle 408 swaps / day (pulled from the FY22 filing). Given the company has performed 31M swaps since inception., I would say it’s being adopted. Now, if NIO acquires the JAC facilities, that will boost margins by 3%ish. It’s a no brainer purchase. 2024/2025 will look materially different for NIO.
Blake O
2023-10-24 14:40:52 +0000 UTCConsidering the premium pricing for NIO cars, it’s a respectable number although still far behind expectation due to earlier performance (20k/mth). Focus on long term trend, not the weekly or monthly fluctuations. Surely the mgmt is doing something but without price reduction or discount, it’s difficult to immediately see a huge jump in delivery numbers.
CWT7
2023-10-24 13:31:51 +0000 UTCWhy are the production numbers different than delivery numbers?
Steve Suric
2023-10-24 10:56:57 +0000 UTCAny thoughts on Li Auto cap? Given their performance, worth a look to potentially include in top 20?
faizan baig
2023-10-24 10:37:12 +0000 UTCInterestingly gap vs Tesla numbers is getting reduced more and more on the weekly figures which shows Nio is doing its job. This time XPENG delivered slightly more cars which hasn’t been the case for a while
Francisco Martin
2023-10-24 10:23:06 +0000 UTC
