I call BS on this analysis because they’re only looking at short period numbers. They failed to take into account investors timeframe.

Given that NIO has one of the largest EV sales markets and they are ramping up production as well as support from the Chinese government, I fail to see how their sales numbers will drop other than lack of chips which the whole industry is facing.

At $40 NIO is unattractive I agree. But should you avoid it completely? No. Best price to get in is between $25-$35. You won’t see this share dropping 50%.

If NIOs valuation is bad then Tesla must be ridiculously horrible.