Nio Stock Dropped Wednesday: Is This an Opportunity?

Motley Fool2021-10-28

What happened After kicking off Wednesday on a positive note and popping by 2% in early morning trading,electric vehicle stock Nio(NYSE:NIO) shed all of those gains and then some. At the close of the ...

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精彩评论

hpt
2021-11-01
hpt
Like
Cedric77
2021-10-30
Cedric77
A dipped for NIO is a year end discounted Christmas gift ! Is a DCA for me. Yes. EVs like Tesla, NIO,BYD, Lucid etc are the few great stocks to own!!
Barbarazhao
2021-10-29
Barbarazhao
Good to know
PKsummer
2021-10-29
PKsummer
Thanks for the comment for NIO.Will import more NIO stock when on dip and one day it shall raise to top of EV.[财迷]
ToongMH
2021-10-29
ToongMH
Definitely yes
Cheryi
2021-10-28
Cheryi
Like
- ZJ0429:
  kk

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At the close of the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/27/nio-stock-dropped-wednesday-is-this-an-opportunity/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"https://www.fool.com/investing/2021/10/27/nio-stock-dropped-wednesday-is-this-an-opportunity/","article_id":"1132883630","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132883630","pubTimestamp":1635399451,"sourceInfo":null,"weMediaInfo":null,"summary":"Investors are getting uncomfortable with the level of competition in the electric vehicle space.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来"},"translate_title":"蔚来股票周三下跌：这是一个机会吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":0.9},"content_text":"What happened\nAfter kicking off Wednesday on a positive note and popping by 2% in early morning trading,electric vehicle stock Nio(NYSE:NIO) shed all of those gains and then some. At the close of the session, Nio shares were down by 2.9%.\nIt seems investors are weighing the impact of rising competition on the Chinese automaker's prospects and finding it worrisome.\nSo what\nNio's chief rival Tesla(NASDAQ:TSLA)is firing on all cylinders. After Tesla bagged an order for 100,000 electric vehicles from rental company Hertz earlier this week,it was back in the news again Wednesday after Hertz struck a deal with Uber Technologies to rent it 50,000 Tesla EVs. Although that development built on Hertz's previous order, it reflects the massive potential of the EV industry and the unmistakable traction that Tesla has already gained within it. It's also racing ahead in Nio's core market of China.\nIMAGE SOURCE: GETTY IMAGES.\nOn Wednesday morning,General Motors(NYSE:GM) CEO Mary Barra told CNBC that the auto giant could \"absolutely\" catch up with Tesla on EV sales by 2025. In June, GM announced an ambitious goal of selling more than 1 million EVs worldwide by 2025, backed by investments worth $35 billion in EVs and autonomous vehicles over that period.\nNow what\nEVs are a hot market right now, and this is just the start. It's therefore unsurprising to see competition intensifying as nearly every automaker strives to get a piece of a market segment with exponential growth potential.\nDoes that mean Nio will be edged out? I don't think so.\nIn a short span of time, Nio has established itself as one of the top luxury car makers in China. It delivered more vehicles last quarter than it ever had before, recently began selling in Europe, and is set to launch its first electric luxury sedan, the ET7, in China as well as Norway in 2022 even as it prepares a blueprint for low-priced models to target the mass market in China. Nio's battery-as-a-service program also gives it an edge over rivals, especially among cost-conscious consumers.\nSo while Tesla's wins may rattle Nio investors momentarily, the Chinese automaker is a long-term growth story and looks like one of the most promising EV stocks right now to buy on a dip.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":849635166,"gmtCreate":1635750000723,"gmtModify":1635750000723,"author":{"id":"3579759306103275","authorId":"3579759306103275","name":"hpt","avatar":"https://static.tigerbbs.com/986ef7c951112f7be64cfd5d6c1672c5","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849635166","repostId":1132883630,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":840113744,"gmtCreate":1635604821209,"gmtModify":1635604821561,"author":{"id":"3575196385895354","authorId":"3575196385895354","name":"Cedric77","avatar":"https://static.tigerbbs.com/e5ee082b05004f20d3486afedee30814","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"A dipped for NIO is a year end discounted&nbsp;Christmas gift ! Is a DCA for me. Yes. EVs like Tesla, NIO,BYD, Lucid etc&nbsp;are the few great stocks to own!!","listText":"A dipped for NIO is a year end discounted&nbsp;Christmas gift ! Is a DCA for me. Yes. EVs like Tesla, NIO,BYD, Lucid etc&nbsp;are the few great stocks to own!!","text":"A dipped for NIO is a year end discounted Christmas gift ! Is a DCA for me. Yes. EVs like Tesla, NIO,BYD, Lucid etc are the few great stocks to own!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840113744","repostId":1132883630,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854756088,"gmtCreate":1635486694054,"gmtModify":1635486695298,"author":{"id":"3576888762442253","authorId":"3576888762442253","name":"Barbarazhao","avatar":"https://static.tigerbbs.com/40f6fdeabe0e8cac300f1fd2a17eb3ac","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854756088","repostId":1132883630,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854599892,"gmtCreate":1635466429072,"gmtModify":1635466473671,"author":{"id":"3580513309629633","authorId":"3580513309629633","name":"PKsummer","avatar":"https://static.tigerbbs.com/b5f0208af7339a9a99bccadb33f50d22","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Thanks for the comment for NIO.Will import more NIO stock when on dip and one day it shall raise to top of EV.[财迷]&nbsp;","listText":"Thanks for the comment for NIO.Will import more NIO stock when on dip and one day it shall raise to top of EV.[财迷]&nbsp;","text":"Thanks for the comment for NIO.Will import more NIO stock when on dip and one day it shall raise to top of EV.[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854599892","repostId":1132883630,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854288935,"gmtCreate":1635463046691,"gmtModify":1635463047169,"author":{"id":"3579230468032082","authorId":"3579230468032082","name":"ToongMH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Definitely yes","listText":"Definitely yes","text":"Definitely yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854288935","repostId":1132883630,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854199638,"gmtCreate":1635425947514,"gmtModify":1635425948045,"author":{"id":"3568940106394782","authorId":"3568940106394782","name":"Cheryi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854199638","repostId":1132883630,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6360361,"gmtCreate":1635431130720,"gmtModify":1635431130830,"authorId":3575944618458188,"author":{"id":3575944618458188,"authorId":3575944618458188,"name":"ZJ0429","avatar":"https://static.tigerbbs.com/cf7036ebe7fa36be18d7ae7011969bab","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854199638,"type":1,"supId":0,"prevId":0,"content":"<u>kk</u>","text":"<u>kk</u>","html":"<u>kk</u>"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":201,"commentSize":36,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1132883630"}