Very surprised we had a 3.63% rise considering the delivery number was much lower than last month's record of 10,628.
NIO had to take a step back by shutting down the factory in order to more than double the capacity, so it was a necessary step to take in order to make a giant leap in the future! That factory is being prepped in order to build the ET7, which will set the world on fire with the most powerful computer and entertainment system on wheels. By the end of next year, the 150kWh battery, with a range of 1000km (621 miles), will be installed in these cars, and we will have 3 sedans being manufactured in 2022, the first ET7 possibly being delivered this January.
I believe that the November deliveries will be a new record, and December will beat that.
3rd quarter earnings has been moved up to November 9th, which is usually a good thing. Will we get positive earnings for the first time, or will it be 4th quarter earnings reported in mid-February for that momentous accomplishment?
Since NIO bought a factory in Germany earlier this year, I haven't heard a thing about it until a post on this board today said to expect word about that soon. That would be gasoline on this stock, or rather a bolt of lightening causing a jolt of thunder on the stock price!
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