r/nio
Nio Stock Soars as Aggressive ES9 Pricing Targets ES8 Backlog Repeat
NIO stock surges on aggressive ES9 pricing strategy aiming to replicate ES8's order backlog.
- Aggressive pricing for the new ES9 model is expected to drive strong demand.
- The strategy aims to replicate the successful order backlog seen with the ES8 model.
- Positive market reaction with the stock soaring on the news.
So wait the earnings report indicating 2 profitable quarters in a row was not enough but aggressive pricing is ? Lol
The earnings report literally came out the day China does the crackdown on unlicensed funds trading foreign securities. (Which only allows the funds to do sell orders)
This jump feels like the delayed good news is finally hitting the price now that the selling pressure has gone down.
These days, many Chinese companies have risen by large percentages. They're pulling the wool over your eyes. The whole Nio thing is pure manipulation and price control.
Fair enough
Maybe one day or will hit $7 and we'll all be rich 💃
Hopefully May deliveries are back in the mid to upper 30k