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Vettelpole

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2021-11-18

$Alibaba(BABA)$What did I say?! American fkersare at play again. As long as it's not American they will dump. They don't care about fundamentals. All buy stocks using Reddit and meme stocks. This is the real world investing which is seriously screw up

2021-11-18

$StoneCo(STNE)$There it goes... further prove my point that anything not American will crash. The results were disappointing, but doesn't make sense to crash like that. Screw American stocks

2021-11-18

$NIO Inc.(NIO)$Anything that is not US will all godown... seriously American stocks are screwed up with no fundamentals. No cars on the road, anda startup that only delivers 500 cars on the road can surge 100% and be the third largest auto maker by market cap respectively, surpassing Ford and GM. American stocks are just screwed up

2021-11-16

$NIO Inc.(NIO)$Getting to the point of really shit.All EV are surging and this goes down?

2021-11-16

$NIO Inc.(NIO)$And you got a shit EV trucks company that has yet to deliver nuts up 100% sinceipo.

2021-11-15

$Rivian Automotive, Inc.(RIVN)$Jesus christ doesthis even worth that much? Americans stocks really hype up to the max

2021-11-11

Unbelievable... American stocks can post worser eps and yet is trading at such exorbitant prices

Affirm Stock Soar 27% Following Q1 Results, Expands Relationship With Amazon

2021-11-01

What a disaster... why didn't they manufacture their own cars?

NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY

2021-11-01

Worry is, will ** clamp down commodities price? The results are really good

China's Ganfeng Lithium inks 3-year supply contract with Tesla

2021-10-29

$GLOBALFOUNDRIES Inc.(GFS)$Not sure will this be like tsmc, stable stock or a nvda

2021-10-19

Never trust investorplace articles... they turn theirviews like nobody business... many other platforms are much better

NIO Stock Is Very Richly Valued, But I Can See Why It Tempts People

2021-09-18

Really brilliant article for equity analysis

Sea Limited: It's All About Expectations And Discount Rate

2021-09-01

$NIO Inc.(NIO)$Li can deliver close to 10k, this shot which I was the most bullish amongst the 3 only deliver 5.8k?! This is really worrying

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American fkersare at play again. As long as it's not American they will dump. They don't care about fundamentals. All buy stocks using Reddit and meme stocks. This is the real world investing which is seriously screw up","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>What did I say?! American fkersare at play again. As long as it's not American they will dump. They don't care about fundamentals. All buy stocks using Reddit and meme stocks. This is the real world investing which is seriously screw up","text":"$Alibaba(BABA)$What did I say?! American fkersare at play again. As long as it's not American they will dump. They don't care about fundamentals. All buy stocks using Reddit and meme stocks. This is the real world investing which is seriously screw up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876021830","isVote":1,"tweetType":1,"viewCount":1394,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000699","authorId":"9000000000000699","name":"AugusMax","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000699","authorIdStr":"9000000000000699"},"content":"what did you say? alibaba is droping recently, did you hold a lot of it?","text":"what did you say? alibaba is droping recently, did you hold a lot of it?","html":"what did you say? alibaba is droping recently, did you hold a lot of it?"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878868491,"gmtCreate":1637166872826,"gmtModify":1637170650831,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/STNE\">$StoneCo(STNE)$</a>There it goes... further prove my point that anything not American will crash. The results were disappointing, but doesn't make sense to crash like that. Screw American stocks","listText":"<a href=\"https://laohu8.com/S/STNE\">$StoneCo(STNE)$</a>There it goes... further prove my point that anything not American will crash. The results were disappointing, but doesn't make sense to crash like that. Screw American stocks","text":"$StoneCo(STNE)$There it goes... further prove my point that anything not American will crash. The results were disappointing, but doesn't make sense to crash like that. Screw American stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878868491","isVote":1,"tweetType":1,"viewCount":1371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878861697,"gmtCreate":1637166756946,"gmtModify":1637170467050,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Anything that is not US will all godown... seriously American stocks are screwed up with no fundamentals. No cars on the road, anda startup that only delivers 500 cars on the road can surge 100% and be the third largest auto maker by market cap respectively, surpassing Ford and GM. American stocks are just screwed up&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Anything that is not US will all godown... seriously American stocks are screwed up with no fundamentals. No cars on the road, anda startup that only delivers 500 cars on the road can surge 100% and be the third largest auto maker by market cap respectively, surpassing Ford and GM. American stocks are just screwed up&nbsp;","text":"$NIO Inc.(NIO)$Anything that is not US will all godown... seriously American stocks are screwed up with no fundamentals. No cars on the road, anda startup that only delivers 500 cars on the road can surge 100% and be the third largest auto maker by market cap respectively, surpassing Ford and GM. American stocks are just screwed up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878861697","isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871507972,"gmtCreate":1637078217527,"gmtModify":1637078475842,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Getting to the point of really shit.All EV are surging and this goes down?","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Getting to the point of really shit.All EV are surging and this goes down?","text":"$NIO Inc.(NIO)$Getting to the point of really shit.All EV are surging and this goes down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871507972","isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871264286,"gmtCreate":1637074922834,"gmtModify":1637075517695,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>And you got a shit EV trucks company that has yet to deliver nuts up 100% sinceipo.&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>And you got a shit EV trucks company that has yet to deliver nuts up 100% sinceipo.&nbsp;","text":"$NIO Inc.(NIO)$And you got a shit EV trucks company that has yet to deliver nuts up 100% sinceipo.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871264286","isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871095561,"gmtCreate":1636991728476,"gmtModify":1636992307762,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>Jesus christ doesthis even worth that much? Americans stocks really hype up to the max","listText":"<a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>Jesus christ doesthis even worth that much? Americans stocks really hype up to the max","text":"$Rivian Automotive, Inc.(RIVN)$Jesus christ doesthis even worth that much? Americans stocks really hype up to the max","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871095561","isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870137742,"gmtCreate":1636592629402,"gmtModify":1636595978075,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Unbelievable... American stocks can post worser eps and yet is trading at such exorbitant prices","listText":"Unbelievable... American stocks can post worser eps and yet is trading at such exorbitant prices","text":"Unbelievable... American stocks can post worser eps and yet is trading at such exorbitant prices","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870137742","repostId":"2182505321","repostType":4,"repost":{"id":"2182505321","kind":"news","pubTimestamp":1636585260,"share":"https://www.laohu8.com/m/news/2182505321?lang=&edition=full","pubTime":"2021-11-11 07:01","market":"us","language":"en","title":"Affirm Stock Soar 27% Following Q1 Results, Expands Relationship With Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2182505321","media":"StreetInsider","summary":"Affirm Holdings shares were trading around 27% higher after-hours, following the company’s reported ","content":"<p>Affirm Holdings&nbsp;shares were trading around 27% higher after-hours, following the company’s reported Q1 results, with EPS coming in at ($1.13), worse than the consensus estimate of ($0.30). Quarterly revenue was $269.4 million, beating the consensus estimate of $248.23 million.</p>\n<p>The company made an announcement, according to which it has expanded its relationship with Amazon to serve as Amazon's only third-party, non-credit card, buy now, pay later option in the U.S. Affirm will generally be available for all eligible purchases of &gt;$50 on <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> and the Amazon shopping app in the U.S, with consumers having the option to split the total cost of eligible purchases into monthly payments at checkout.</p>\n<p>For Q2 the company expects GMV in the range of $3.55-$3.65 billion and revenue in the range of $320-$330 million. For the full 2022-year, the company expects GMV in the range of $13.13-$13.38 billion and revenue in the range of $1,225-$1,250 million.</p>\n<p><img src=\"https://static.tigerbbs.com/487385ad09b3ec26a99405aa3c769e18\" tg-width=\"892\" tg-height=\"636\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Affirm Stock Soar 27% Following Q1 Results, Expands Relationship With Amazon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAffirm Stock Soar 27% Following Q1 Results, Expands Relationship With Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-11 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19196981><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Affirm Holdings shares were trading around 27% higher after-hours, following the company’s reported Q1 results, with EPS coming in at ($1.13), worse than the consensus estimate of ($0.30). Quarterly ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19196981\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AFRM":"Affirm Holdings, Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=19196981","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182505321","content_text":"Affirm Holdings shares were trading around 27% higher after-hours, following the company’s reported Q1 results, with EPS coming in at ($1.13), worse than the consensus estimate of ($0.30). Quarterly revenue was $269.4 million, beating the consensus estimate of $248.23 million.\nThe company made an announcement, according to which it has expanded its relationship with Amazon to serve as Amazon's only third-party, non-credit card, buy now, pay later option in the U.S. Affirm will generally be available for all eligible purchases of >$50 on Amazon.com and the Amazon shopping app in the U.S, with consumers having the option to split the total cost of eligible purchases into monthly payments at checkout.\nFor Q2 the company expects GMV in the range of $3.55-$3.65 billion and revenue in the range of $320-$330 million. For the full 2022-year, the company expects GMV in the range of $13.13-$13.38 billion and revenue in the range of $1,225-$1,250 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849567776,"gmtCreate":1635767973910,"gmtModify":1635767973910,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"What a disaster... why didn't they manufacture their own cars?","listText":"What a disaster... why didn't they manufacture their own cars?","text":"What a disaster... why didn't they manufacture their own cars?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849567776","repostId":"1197939581","repostType":4,"repost":{"id":"1197939581","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1635757515,"share":"https://www.laohu8.com/m/news/1197939581?lang=&edition=full","pubTime":"2021-11-01 17:05","market":"us","language":"en","title":"NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1197939581","media":"Tiger Newspress","summary":"NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned to dived more than","content":"<p>NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned&nbsp;to dived more&nbsp;than 3%&nbsp;after rising 4%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/0d630f8625a48d81207e8b9f63b04197\" tg-width=\"848\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO Inc. today announced its October 2021 delivery results.</p>\n<ul>\n <li><b><i>NIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction</i></b></li>\n <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703</i></b></li>\n</ul>\n<p>NIO delivered 3,667 vehicles in October 2021, representing a decrease of 27.5% year-over-year. The vehicle delivery in October was significantly impacted by reduction in production volume as a result of the restructuring and upgrades of manufacturing lines and the preparation of new products introduction from September 28 to October 15, as well as certain supply chain volatilities. Despite the production and supply chain challenges, the Company’s new order reached another all-time high in October driven by increasing user demand.</p>\n<p>Due to the restructuring and upgrade scheduling, ES8 production was resumed towards the end of October.&nbsp;The deliveries in October consisted of 218 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,528 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 921 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of October 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 145,703 vehicles.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-01 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned&nbsp;to dived more&nbsp;than 3%&nbsp;after rising 4%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/0d630f8625a48d81207e8b9f63b04197\" tg-width=\"848\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO Inc. today announced its October 2021 delivery results.</p>\n<ul>\n <li><b><i>NIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction</i></b></li>\n <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703</i></b></li>\n</ul>\n<p>NIO delivered 3,667 vehicles in October 2021, representing a decrease of 27.5% year-over-year. The vehicle delivery in October was significantly impacted by reduction in production volume as a result of the restructuring and upgrades of manufacturing lines and the preparation of new products introduction from September 28 to October 15, as well as certain supply chain volatilities. Despite the production and supply chain challenges, the Company’s new order reached another all-time high in October driven by increasing user demand.</p>\n<p>Due to the restructuring and upgrade scheduling, ES8 production was resumed towards the end of October.&nbsp;The deliveries in October consisted of 218 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,528 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 921 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of October 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 145,703 vehicles.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197939581","content_text":"NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned to dived more than 3% after rising 4% in premarket trading.\n\nNIO Inc. today announced its October 2021 delivery results.\n\nNIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction\nCumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703\n\nNIO delivered 3,667 vehicles in October 2021, representing a decrease of 27.5% year-over-year. The vehicle delivery in October was significantly impacted by reduction in production volume as a result of the restructuring and upgrades of manufacturing lines and the preparation of new products introduction from September 28 to October 15, as well as certain supply chain volatilities. Despite the production and supply chain challenges, the Company’s new order reached another all-time high in October driven by increasing user demand.\nDue to the restructuring and upgrade scheduling, ES8 production was resumed towards the end of October. The deliveries in October consisted of 218 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,528 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 921 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of October 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 145,703 vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849567030,"gmtCreate":1635767904863,"gmtModify":1635767904863,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Worry is, will ** clamp down commodities price? The results are really good&nbsp;","listText":"Worry is, will ** clamp down commodities price? The results are really good&nbsp;","text":"Worry is, will ** clamp down commodities price? The results are really good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849567030","repostId":"2180274964","repostType":4,"repost":{"id":"2180274964","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1635762673,"share":"https://www.laohu8.com/m/news/2180274964?lang=&edition=full","pubTime":"2021-11-01 18:31","market":"hk","language":"en","title":"China's Ganfeng Lithium inks 3-year supply contract with Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2180274964","media":"Reuters","summary":"BEIJING/HONG KONG, Nov 1 (Reuters) - China's Ganfeng Lithium Co Ltd and its unit GFL International C","content":"<p>BEIJING/HONG KONG, Nov 1 (Reuters) - China's Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd have signed a contract to supply battery-grade lithium products to U.S. electric vehicle&nbsp;maker Tesla Inc.</p>\n<p>Ganfeng, the world's top lithium company by market capitalisation, has already supplied battery-grade lithium to EV producers including Tesla.</p>\n<p>The new contract will allow the company and its unit to provide products to Tesla for three years starting from 2022, Ganfeng said on Monday in a filing to the Shenzhen Stock Exchange.</p>\n<p>The sales amount and value of the contract are still pending Tesla's purchase orders, according to the filing.</p>\n<p>Ganfeng has posted stellar earnings this year, with its third-quarter and nine-month net profits up 507% and 648% on an annual basis, respectively, thanks to rising lithium prices and robust demand.</p>\n<p>The Jiangxi-based firm also announced an 8.4 billion yuan ($1.31 billion) investment in two battery production projects in August.</p>\n<p>Ganfeng's share price, up more than 60% this year, closed at 162.1 yuan on Monday.</p>\n<p>($1 = 6.3965 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Ganfeng Lithium inks 3-year supply contract with Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Ganfeng Lithium inks 3-year supply contract with Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-01 18:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING/HONG KONG, Nov 1 (Reuters) - China's Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd have signed a contract to supply battery-grade lithium products to U.S. electric vehicle&nbsp;maker Tesla Inc.</p>\n<p>Ganfeng, the world's top lithium company by market capitalisation, has already supplied battery-grade lithium to EV producers including Tesla.</p>\n<p>The new contract will allow the company and its unit to provide products to Tesla for three years starting from 2022, Ganfeng said on Monday in a filing to the Shenzhen Stock Exchange.</p>\n<p>The sales amount and value of the contract are still pending Tesla's purchase orders, according to the filing.</p>\n<p>Ganfeng has posted stellar earnings this year, with its third-quarter and nine-month net profits up 507% and 648% on an annual basis, respectively, thanks to rising lithium prices and robust demand.</p>\n<p>The Jiangxi-based firm also announced an 8.4 billion yuan ($1.31 billion) investment in two battery production projects in August.</p>\n<p>Ganfeng's share price, up more than 60% this year, closed at 162.1 yuan on Monday.</p>\n<p>($1 = 6.3965 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01772":"赣锋锂业","002460":"赣锋锂业","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2180274964","content_text":"BEIJING/HONG KONG, Nov 1 (Reuters) - China's Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd have signed a contract to supply battery-grade lithium products to U.S. electric vehicle maker Tesla Inc.\nGanfeng, the world's top lithium company by market capitalisation, has already supplied battery-grade lithium to EV producers including Tesla.\nThe new contract will allow the company and its unit to provide products to Tesla for three years starting from 2022, Ganfeng said on Monday in a filing to the Shenzhen Stock Exchange.\nThe sales amount and value of the contract are still pending Tesla's purchase orders, according to the filing.\nGanfeng has posted stellar earnings this year, with its third-quarter and nine-month net profits up 507% and 648% on an annual basis, respectively, thanks to rising lithium prices and robust demand.\nThe Jiangxi-based firm also announced an 8.4 billion yuan ($1.31 billion) investment in two battery production projects in August.\nGanfeng's share price, up more than 60% this year, closed at 162.1 yuan on Monday.\n($1 = 6.3965 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854600848,"gmtCreate":1635437091517,"gmtModify":1635437091631,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GFS\">$GLOBALFOUNDRIES Inc.(GFS)$</a>Not sure will this be like tsmc, stable stock or a nvda&nbsp;","listText":"<a href=\"https://laohu8.com/S/GFS\">$GLOBALFOUNDRIES Inc.(GFS)$</a>Not sure will this be like tsmc, stable stock or a nvda&nbsp;","text":"$GLOBALFOUNDRIES Inc.(GFS)$Not sure will this be like tsmc, stable stock or a nvda","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854600848","isVote":1,"tweetType":1,"viewCount":892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859352289,"gmtCreate":1634658058996,"gmtModify":1634658130128,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Never trust investorplace articles... they turn theirviews like nobody business... many other platforms are much better&nbsp;","listText":"Never trust investorplace articles... they turn theirviews like nobody business... many other platforms are much better&nbsp;","text":"Never trust investorplace articles... they turn theirviews like nobody business... many other platforms are much better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859352289","repostId":"1150534887","repostType":4,"repost":{"id":"1150534887","kind":"news","pubTimestamp":1634643082,"share":"https://www.laohu8.com/m/news/1150534887?lang=&edition=full","pubTime":"2021-10-19 19:31","market":"us","language":"en","title":"NIO Stock Is Very Richly Valued, But I Can See Why It Tempts People","url":"https://stock-news.laohu8.com/highlight/detail?id=1150534887","media":"InvestorPlace","summary":"Nio stock would be much more appealing if it caught up to its valuation.\n\nNIO Inc. stock deserves to","content":"<blockquote>\n <b>Nio stock would be much more appealing if it caught up to its valuation.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> stock deserves to be valued as it has been, and it may still be worth a buy.</p>\n<p>The Chinese electric vehicle maker rolled 50,000 cars off the assembly linein July 2020, in the teeth of the pandemic.</p>\n<p>In&nbsp;early April of this year, it passed the 100,000 mark, and sales are brisk as demand continues to rise, as does NIO stock.</p>\n<p>As with many Chinese companies that don’t operate – for now – in the U.S., many people use metaphors to describe the Chinese firms. In NIO’s case, you may want to call it <a href=\"https://laohu8.com/S/CAAS\">China</a>’s Tesla (NASDAQ:<b><u>TSLA</u></b>).</p>\n<p>That may be true to a certain extent, as many of these comparisons are, but China’s EV market is different. For example, the Chinese middle class isbigger than the entire populationof the U.S.</p>\n<p>That’s a pretty good initial market. Plus, all the political and economic tussling between the U.S. and China means buying local Chinese companies makes a lot more sense now than it did a few years ago.</p>\n<p>Current supply chain issues are a perfect example of that logic.</p>\n<p><b>NIO Stock Shows Potential</b></p>\n<p>One of the clearest examples of the success of NIO stock&nbsp; is its astronomical market cap for a company that hasn’t turned a profit. At a$58 billion market cap, that’s about $580,000 per vehicle. And that’s for its U.S.-listed shares.</p>\n<p>Of course, that’s not a great comparison. Comparing it to companies with similar market caps, Nio is in the same league as Mexico’s leading mobile telecom<b>America Movil</b>(NYSE:<b><u>AMX</u></b>), video game maker<b><a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a></b>(NASDAQ:<b><u>ATVI</u></b>),<b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b>(NASDAQ:<b><u>RGEN</u></b>), and<b><a href=\"https://laohu8.com/S/TRI\">Thomson Reuters</a></b>(NYSE:<b><u>TRI</u></b>).</p>\n<p><a href=\"https://laohu8.com/S/F\">Ford</a> has a market cap of about $61 billion.</p>\n<p>So, yes, it’s wildly valued, but NIO continues to grow its product line in China as well as in Europe.</p>\n<p>Because European Union countries have a number of reciprocal deals with Chinese firms, those two markets continue to trade with <a href=\"https://laohu8.com/S/AONE.U\">one</a> another. European cars are sold and manufactured in China and vice versa, not unlike the EU’s deal with the U.S.</p>\n<p>This is part of the sky-high valuation. It’s a way for U.S. investors to diversify their “green” portfolios with an EV company that’s actually making and selling vehicles.</p>\n<p><b>Dotcom vs EV Booms</b></p>\n<p>I’m old enough to remember the dotcom boom (and bust). Brokers – remember them? – were literally telling clients that if a stock didn’t have a PE in the triple digits it wasn’t worth buying.</p>\n<p>Near the top, they were telling their income investing clients that had been sitting in utilities and Old School blue chips that growth was the new income.</p>\n<p>I’m not kidding.</p>\n<p>That’s the kind of feeling I get about EV stocks right now. Most don’t even have earnings or a finished product but have billions in market cap.</p>\n<p>This “been there, done that” side of me says it’s cold comfort that NIO stock actually has customers and three models rolling off its assembly lines.</p>\n<p><b>The Rubber Hits the Road</b></p>\n<p>As for NIO cars, it started with its ES-8, a high-range luxury 7-passenger SUV in 2018. It then rolled out its EC-6 luxury coupe in 2019 and its ES-6 high-range 5-passenger SUV in 2020.</p>\n<p>The company is moving into lower price points although it does have an EV Formula 1 race car.</p>\n<p>It also has its own charging units and has more thantwo dozen smart homesbuilt using its technologies around China.</p>\n<p>What’s more, NIO has adopted a battery swapping system. There are service centers around China that you drive into and they swap out your old battery for a new one in about 10-15 minutes.</p>\n<p>That means when you’re on a long trip, you aren’t limited by mileage. You simply drop off your old battery and get a new one without waiting for a full charge.</p>\n<p>NIO justswapped out its four millionth batteryat the beginning of October. This was something TSLA thought about doing but decided against. It will be interesting to see if this ends up working better than the EV “filling station”.</p>\n<p>All that said, NIO stock is still expensive. It isn’t a practical pick but more a “no guts, no glory” pick at this point.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Stock Is Very Richly Valued, But I Can See Why It Tempts People</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Stock Is Very Richly Valued, But I Can See Why It Tempts People\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-19 19:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/10/nio-stock-is-very-richly-valued-but-i-can-see-why-it-tempts-people/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio stock would be much more appealing if it caught up to its valuation.\n\nNIO Inc. stock deserves to be valued as it has been, and it may still be worth a buy.\nThe Chinese electric vehicle maker ...</p>\n\n<a href=\"https://investorplace.com/2021/10/nio-stock-is-very-richly-valued-but-i-can-see-why-it-tempts-people/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/10/nio-stock-is-very-richly-valued-but-i-can-see-why-it-tempts-people/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150534887","content_text":"Nio stock would be much more appealing if it caught up to its valuation.\n\nNIO Inc. stock deserves to be valued as it has been, and it may still be worth a buy.\nThe Chinese electric vehicle maker rolled 50,000 cars off the assembly linein July 2020, in the teeth of the pandemic.\nIn early April of this year, it passed the 100,000 mark, and sales are brisk as demand continues to rise, as does NIO stock.\nAs with many Chinese companies that don’t operate – for now – in the U.S., many people use metaphors to describe the Chinese firms. In NIO’s case, you may want to call it China’s Tesla (NASDAQ:TSLA).\nThat may be true to a certain extent, as many of these comparisons are, but China’s EV market is different. For example, the Chinese middle class isbigger than the entire populationof the U.S.\nThat’s a pretty good initial market. Plus, all the political and economic tussling between the U.S. and China means buying local Chinese companies makes a lot more sense now than it did a few years ago.\nCurrent supply chain issues are a perfect example of that logic.\nNIO Stock Shows Potential\nOne of the clearest examples of the success of NIO stock  is its astronomical market cap for a company that hasn’t turned a profit. At a$58 billion market cap, that’s about $580,000 per vehicle. And that’s for its U.S.-listed shares.\nOf course, that’s not a great comparison. Comparing it to companies with similar market caps, Nio is in the same league as Mexico’s leading mobile telecomAmerica Movil(NYSE:AMX), video game makerActivision Blizzard(NASDAQ:ATVI),Regeneron Pharmaceuticals(NASDAQ:RGEN), andThomson Reuters(NYSE:TRI).\nFord has a market cap of about $61 billion.\nSo, yes, it’s wildly valued, but NIO continues to grow its product line in China as well as in Europe.\nBecause European Union countries have a number of reciprocal deals with Chinese firms, those two markets continue to trade with one another. European cars are sold and manufactured in China and vice versa, not unlike the EU’s deal with the U.S.\nThis is part of the sky-high valuation. It’s a way for U.S. investors to diversify their “green” portfolios with an EV company that’s actually making and selling vehicles.\nDotcom vs EV Booms\nI’m old enough to remember the dotcom boom (and bust). Brokers – remember them? – were literally telling clients that if a stock didn’t have a PE in the triple digits it wasn’t worth buying.\nNear the top, they were telling their income investing clients that had been sitting in utilities and Old School blue chips that growth was the new income.\nI’m not kidding.\nThat’s the kind of feeling I get about EV stocks right now. Most don’t even have earnings or a finished product but have billions in market cap.\nThis “been there, done that” side of me says it’s cold comfort that NIO stock actually has customers and three models rolling off its assembly lines.\nThe Rubber Hits the Road\nAs for NIO cars, it started with its ES-8, a high-range luxury 7-passenger SUV in 2018. It then rolled out its EC-6 luxury coupe in 2019 and its ES-6 high-range 5-passenger SUV in 2020.\nThe company is moving into lower price points although it does have an EV Formula 1 race car.\nIt also has its own charging units and has more thantwo dozen smart homesbuilt using its technologies around China.\nWhat’s more, NIO has adopted a battery swapping system. There are service centers around China that you drive into and they swap out your old battery for a new one in about 10-15 minutes.\nThat means when you’re on a long trip, you aren’t limited by mileage. You simply drop off your old battery and get a new one without waiting for a full charge.\nNIO justswapped out its four millionth batteryat the beginning of October. This was something TSLA thought about doing but decided against. It will be interesting to see if this ends up working better than the EV “filling station”.\nAll that said, NIO stock is still expensive. It isn’t a practical pick but more a “no guts, no glory” pick at this point.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884245860,"gmtCreate":1631900367150,"gmtModify":1632805462992,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Really brilliant article for equity analysis","listText":"Really brilliant article for equity analysis","text":"Really brilliant article for equity analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884245860","repostId":"1102595384","repostType":4,"repost":{"id":"1102595384","kind":"news","pubTimestamp":1631879657,"share":"https://www.laohu8.com/m/news/1102595384?lang=&edition=full","pubTime":"2021-09-17 19:54","market":"us","language":"en","title":"Sea Limited: It's All About Expectations And Discount Rate","url":"https://stock-news.laohu8.com/highlight/detail?id=1102595384","media":"Seeking Alpha","summary":"Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Since our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.</li>\n <li>Our approach now is similar but instead of stretching consensus, we rely on it and check what is the implied discount rate which delivers the current share price.</li>\n <li>We have tried to assess the most appropriate discount rate and we believe there is enough evidence of a current mismatch between current valuation and the appropriate discount rate.</li>\n <li>The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace which might lead to new taxes in SE markets.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/573f2b1b0d40da30f023491c4ab630f4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Astragal/iStock via Getty Images</span></p>\n<p><b>Investment thesis</b></p>\n<p>When we first looked at Sea Limited (SE)&nbsp;in April 2021, the stock was trading at USD 274 per share, and we considered the stock almost fairly valued in the best of all possible scenarios. Since then, the stock has raised a further 20% and is trading at more than USD 330 per share. We are now reviewing our valuation approach, which in April was based on stressing consensus to check to which extent it should have been stretched to match the market cap at that time. Our approach now is similar, but instead of stretching consensus, we rely on it and check the implied discount rate that delivers the current share price. Instead of working on estimates, we are working on the discount rate.</p>\n<p>We have tried to assess the most appropriate discount rate, and we believe there is enough evidence of a current mismatch between the current valuation and the appropriate discount rate. In our view, the discount rate which justifies the current share price is far lower than the most appropriate one. The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace, which might lead to new taxes in SE markets.</p>\n<p><b>Revenue guidance for 2021 was raised after Q2.</b></p>\n<p>In Q1, management guided Garena’s revenues between USD 4.3 bln and USD 4.5 bln (38% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to USD 4.5 bln and USD 4.7 bln (44% YoY growth assuming guidance midpoint).</p>\n<p>Shopee revenues in Q1 were guided between $4.5 bln and $4.7 bln (112% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to $4.7 bln and $4.9 bln (121% YoY growth assuming guidance midpoint).</p>\n<p>It is worth noting in the table below that, while consensus has fairly factored higher FY21 revenues guidance on both Garena and Shopee, EBITDA compared to April 2021 has been downward revised at a consolidated level not only in 2021. EBITDA has been cut from 2021 to 2026.</p>\n<p>In other words, revenue growth leads to lower operating margins over the next five years, but the equity value is growing. EBITDA from 2026 onward is higher than previously expected (USD 866 mln in 2030), and thus Terminal Value is driving equity value higher.</p>\n<p>Basically, the consensus is shifting towards terminal value, which carries higher risk, but market valuation is increasing.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1e95c9ddadd6d8ff7bd0ebb8b595bdf\" tg-width=\"640\" tg-height=\"105\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg data as of September 13, 2021</span></p>\n<p><b>Valuation approach (Sea – USD 330 per share as of September 13, 2021)Trying to assess the discount rate</b></p>\n<p>The key issue behind SE valuation is trying to assess an appropriate discount rate. Since the company's net financial position is cash positive (total financial debt – cash and cash equivalent), the WACC is equal to the Cost of Equity.</p>\n<p>Relying on CAPM (Capital Asset Pricing Model) to estimate the cost of equity raises some concerns. According to CAPM, Ke = Risk-free + Beta x Market Risk Premium.</p>\n<p>Here the main concerns are:</p>\n<p><b>1. What is the beta for SE?</b></p>\n<p>We have tried to assess SE beta and checked SE correlation to the market (table 2, 3, 4, and 5). The highest correlation is toward S&amp;P500, but linear Beta, Beta +/-, and non-parametric all show an R^2 around 0.4, which indicates that SE is decorrelated from the S&amp;P 500 Index (a similar story for other indexes). Beta is thus not useful to the extent of our analysis.</p>\n<p>Source: Moat Investing elaboration on Bloomberg data</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c592c8312acabe90c741a507a038bf8b\" tg-width=\"640\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/704203388ec2befc8cd12672b1cee669\" tg-width=\"640\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8144b2df488ed4dad74084b63cece566\" tg-width=\"605\" tg-height=\"236\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p><b>2. What is the Market Risk Premium?</b></p>\n<p>This is the most controversial element in the CAPM. The risk premium should reflect the “premium” required by equity holders on top of the risk-free.</p>\n<p>We must keep present that SE's key market is South Asia. Thus, in our view, we should add a country risk adjustment to consider it. If we were using US Market Risk Premium, we would underestimate the risk related to the geographical areas where SE operates.</p>\n<p>We have thus adjusted the Market Risk Premium factoring in Country Risk Premium calculated by considering the spread between Indonesian and US treasuries at 10y.</p>\n<p>Adjusting for country premium, the appropriate cost of equity for SE would be 15.3% (see chart 6). Assuming an appropriate Beta would be even higher.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33df371ce03f740a6a6b0ffcaa5b8680\" tg-width=\"640\" tg-height=\"129\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p><b>3. What is the appropriate terminal growth rate?</b></p>\n<p>We estimate the terminal growth by calculating the reinvestment rate (% of FCFF reinvested as CAPEX) and the sustainable ROI. We believe our 3.5% terminal growth is rather sustainable as the company is reinvesting over 20% of its free cash flows and has a sustainable ROI of around 20%.</p>\n<p><b>DCF valuation and sensitivity analysis</b></p>\n<p>We have run a DCF totally based on consensus estimates from 2021 to 2030. The idea behind this analysis is to check the discount rate (Ke = WACC), which delivers an equity value in line with the current market cap.</p>\n<p>Factoring a 3.5% terminal growth rate and the fully diluted number of shares, the discount rate, which delivers around USD 180 bn market cap, is 7.7%!</p>\n<p><b>DCF</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eca0d9f0aea2257f2693e119fff4d735\" tg-width=\"640\" tg-height=\"321\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing</span></p>\n<p>We have thus run a sensitivity analysis by simply changing the discount rate as we believe that the cost of equity for SE should be adjusted for a country's risk premium.</p>\n<p>What happens if we increase the discount rate to around 15%? SE equity would be worth around USD 40 bn, some 70% less than the current value.</p>\n<p><b>Sensitivity</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e6789c9d7c55fcf1c2cceb6a8a66446\" tg-width=\"640\" tg-height=\"253\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing</span></p>\n<p>The fallacy of valuation through multiples and peer analysis</p>\n<p>We have seen some sell-side equity researches where the target price is calculated as a sum of the parts of the three businesses (Garena, Shopee, and Sea Money) where:</p>\n<ol>\n <li>Garena is valued using a P/E of 20x its foreseeable earnings in 2023.</li>\n <li>Shopee is valued using a DCF with a discount rate of around 8% and a terminal growth rate above 3.5%.</li>\n <li>Sea Money is valued using a totally invented multiple on its future GTV of 0.20x, where the correlation between GTV and equity value is questionable.</li>\n</ol>\n<p>Some analysts compare Garena to<i>Tencent</i>(OTCPK:TCEHY)(OTCPK:TCTZF), Sea Money to<i>Visa</i>(NYSE:V)<i>, Mastercard</i>(NYSE:MA)<i>and Adyen</i>, Shopee to<i>Amazon</i>(NASDAQ:AMZN)<i>, and Alibaba</i>(NYSE:BABA)(OTCPK:BABAF).</p>\n<p>We believe this valuation approach does not work and, in most cases, leads to misleading results. Garena is a rather new player, and comparing it to an over USD 500 bn market cap company with stable business sounds like nonsense. The same story for Sea Money compared to players who have a completely different business model.</p>\n<p>What could drive value creation for SEUpward revision of current estimates led by new acquisitions</p>\n<p>SE has recently announced it intends to raise USD 6.8 bn funds through an equity offering (some USD 3.9 bn) and convertible note issuance (some USD 2.9 bn). After the fundraising, SE would rely upon around USD 12.8 bn to support further Shopee expansion in Europe and India.</p>\n<p>Leverage of the balance sheet</p>\n<p>SE might decide to leverage the balance sheet by injecting debt which would lower the overall cost of capital. We believe this would be a viable strategy, although it might not come before 3 to 5 years when the company's cash flows would be robust enough to support massive leverage.</p>\n<p><b>Main risks</b></p>\n<p>We believe the main risks for the SE equity case are:</p>\n<ol>\n <li>The expectations around Garena and its embedded valuation. Garena is valued at around USD 60bn. Its value would drop significantly if it is unable to launch new successful games like Free Fire, and/or its margins would be lower as a result of a shift from in-house game development to third parties licensed games.</li>\n <li>The regulatory risks on its marketplace, which might lead to new taxes in SE markets.</li>\n</ol>\n<p><b>Conclusion</b></p>\n<p>At this stage, investors have these viable options:</p>\n<ol>\n <li>Believe that market estimates will be upward revised in the future as SE would continue to deliver significant growth.</li>\n <li>Believe that in the future as SE would command a more balanced D/E structure.</li>\n <li>Investing in SE assuming 7.7% potential return if 1) and/or 2) (or a mix of) would not happen.</li>\n</ol>\n<p>We think there is enough evidence to believe that the SE market cap has gone too far despite its solid business model. Factoring into current estimates, the appropriate hurdle rate might lead to far lower valuation evidence.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: It's All About Expectations And Discount Rate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: It's All About Expectations And Discount Rate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 19:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.\nOur approach now is similar but ...</p>\n\n<a href=\"https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102595384","content_text":"Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.\nOur approach now is similar but instead of stretching consensus, we rely on it and check what is the implied discount rate which delivers the current share price.\nWe have tried to assess the most appropriate discount rate and we believe there is enough evidence of a current mismatch between current valuation and the appropriate discount rate.\nThe main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace which might lead to new taxes in SE markets.\n\nAstragal/iStock via Getty Images\nInvestment thesis\nWhen we first looked at Sea Limited (SE) in April 2021, the stock was trading at USD 274 per share, and we considered the stock almost fairly valued in the best of all possible scenarios. Since then, the stock has raised a further 20% and is trading at more than USD 330 per share. We are now reviewing our valuation approach, which in April was based on stressing consensus to check to which extent it should have been stretched to match the market cap at that time. Our approach now is similar, but instead of stretching consensus, we rely on it and check the implied discount rate that delivers the current share price. Instead of working on estimates, we are working on the discount rate.\nWe have tried to assess the most appropriate discount rate, and we believe there is enough evidence of a current mismatch between the current valuation and the appropriate discount rate. In our view, the discount rate which justifies the current share price is far lower than the most appropriate one. The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace, which might lead to new taxes in SE markets.\nRevenue guidance for 2021 was raised after Q2.\nIn Q1, management guided Garena’s revenues between USD 4.3 bln and USD 4.5 bln (38% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to USD 4.5 bln and USD 4.7 bln (44% YoY growth assuming guidance midpoint).\nShopee revenues in Q1 were guided between $4.5 bln and $4.7 bln (112% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to $4.7 bln and $4.9 bln (121% YoY growth assuming guidance midpoint).\nIt is worth noting in the table below that, while consensus has fairly factored higher FY21 revenues guidance on both Garena and Shopee, EBITDA compared to April 2021 has been downward revised at a consolidated level not only in 2021. EBITDA has been cut from 2021 to 2026.\nIn other words, revenue growth leads to lower operating margins over the next five years, but the equity value is growing. EBITDA from 2026 onward is higher than previously expected (USD 866 mln in 2030), and thus Terminal Value is driving equity value higher.\nBasically, the consensus is shifting towards terminal value, which carries higher risk, but market valuation is increasing.\nSource: Bloomberg data as of September 13, 2021\nValuation approach (Sea – USD 330 per share as of September 13, 2021)Trying to assess the discount rate\nThe key issue behind SE valuation is trying to assess an appropriate discount rate. Since the company's net financial position is cash positive (total financial debt – cash and cash equivalent), the WACC is equal to the Cost of Equity.\nRelying on CAPM (Capital Asset Pricing Model) to estimate the cost of equity raises some concerns. According to CAPM, Ke = Risk-free + Beta x Market Risk Premium.\nHere the main concerns are:\n1. What is the beta for SE?\nWe have tried to assess SE beta and checked SE correlation to the market (table 2, 3, 4, and 5). The highest correlation is toward S&P500, but linear Beta, Beta +/-, and non-parametric all show an R^2 around 0.4, which indicates that SE is decorrelated from the S&P 500 Index (a similar story for other indexes). Beta is thus not useful to the extent of our analysis.\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\n2. What is the Market Risk Premium?\nThis is the most controversial element in the CAPM. The risk premium should reflect the “premium” required by equity holders on top of the risk-free.\nWe must keep present that SE's key market is South Asia. Thus, in our view, we should add a country risk adjustment to consider it. If we were using US Market Risk Premium, we would underestimate the risk related to the geographical areas where SE operates.\nWe have thus adjusted the Market Risk Premium factoring in Country Risk Premium calculated by considering the spread between Indonesian and US treasuries at 10y.\nAdjusting for country premium, the appropriate cost of equity for SE would be 15.3% (see chart 6). Assuming an appropriate Beta would be even higher.\nSource: Moat Investing elaboration on Bloomberg data\n3. What is the appropriate terminal growth rate?\nWe estimate the terminal growth by calculating the reinvestment rate (% of FCFF reinvested as CAPEX) and the sustainable ROI. We believe our 3.5% terminal growth is rather sustainable as the company is reinvesting over 20% of its free cash flows and has a sustainable ROI of around 20%.\nDCF valuation and sensitivity analysis\nWe have run a DCF totally based on consensus estimates from 2021 to 2030. The idea behind this analysis is to check the discount rate (Ke = WACC), which delivers an equity value in line with the current market cap.\nFactoring a 3.5% terminal growth rate and the fully diluted number of shares, the discount rate, which delivers around USD 180 bn market cap, is 7.7%!\nDCF\nSource: Moat Investing\nWe have thus run a sensitivity analysis by simply changing the discount rate as we believe that the cost of equity for SE should be adjusted for a country's risk premium.\nWhat happens if we increase the discount rate to around 15%? SE equity would be worth around USD 40 bn, some 70% less than the current value.\nSensitivity\nSource: Moat Investing\nThe fallacy of valuation through multiples and peer analysis\nWe have seen some sell-side equity researches where the target price is calculated as a sum of the parts of the three businesses (Garena, Shopee, and Sea Money) where:\n\nGarena is valued using a P/E of 20x its foreseeable earnings in 2023.\nShopee is valued using a DCF with a discount rate of around 8% and a terminal growth rate above 3.5%.\nSea Money is valued using a totally invented multiple on its future GTV of 0.20x, where the correlation between GTV and equity value is questionable.\n\nSome analysts compare Garena toTencent(OTCPK:TCEHY)(OTCPK:TCTZF), Sea Money toVisa(NYSE:V), Mastercard(NYSE:MA)and Adyen, Shopee toAmazon(NASDAQ:AMZN), and Alibaba(NYSE:BABA)(OTCPK:BABAF).\nWe believe this valuation approach does not work and, in most cases, leads to misleading results. Garena is a rather new player, and comparing it to an over USD 500 bn market cap company with stable business sounds like nonsense. The same story for Sea Money compared to players who have a completely different business model.\nWhat could drive value creation for SEUpward revision of current estimates led by new acquisitions\nSE has recently announced it intends to raise USD 6.8 bn funds through an equity offering (some USD 3.9 bn) and convertible note issuance (some USD 2.9 bn). After the fundraising, SE would rely upon around USD 12.8 bn to support further Shopee expansion in Europe and India.\nLeverage of the balance sheet\nSE might decide to leverage the balance sheet by injecting debt which would lower the overall cost of capital. We believe this would be a viable strategy, although it might not come before 3 to 5 years when the company's cash flows would be robust enough to support massive leverage.\nMain risks\nWe believe the main risks for the SE equity case are:\n\nThe expectations around Garena and its embedded valuation. Garena is valued at around USD 60bn. Its value would drop significantly if it is unable to launch new successful games like Free Fire, and/or its margins would be lower as a result of a shift from in-house game development to third parties licensed games.\nThe regulatory risks on its marketplace, which might lead to new taxes in SE markets.\n\nConclusion\nAt this stage, investors have these viable options:\n\nBelieve that market estimates will be upward revised in the future as SE would continue to deliver significant growth.\nBelieve that in the future as SE would command a more balanced D/E structure.\nInvesting in SE assuming 7.7% potential return if 1) and/or 2) (or a mix of) would not happen.\n\nWe think there is enough evidence to believe that the SE market cap has gone too far despite its solid business model. Factoring into current estimates, the appropriate hurdle rate might lead to far lower valuation evidence.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816825041,"gmtCreate":1630488689383,"gmtModify":1633677711696,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Li can deliver close to 10k, this shot which I was the most bullish amongst the 3 only deliver 5.8k?! This is really worrying","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Li can deliver close to 10k, this shot which I was the most bullish amongst the 3 only deliver 5.8k?! This is really worrying","text":"$NIO Inc.(NIO)$Li can deliver close to 10k, this shot which I was the most bullish amongst the 3 only deliver 5.8k?! This is really worrying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/816825041","isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000220","authorId":"9000000000000220","name":"揭人不揭短","avatar":"https://static.tigerbbs.com/8a6d90cbff3ceab2e34f58c7b8e0271f","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000220","authorIdStr":"9000000000000220"},"content":"不用太多担心，蔚来肯定是三巨头的扛把子，无论是技术沉淀还是造车技术都是蔚来领先。","text":"不用太多担心，蔚来肯定是三巨头的扛把子，无论是技术沉淀还是造车技术都是蔚来领先。","html":"不用太多担心，蔚来肯定是三巨头的扛把子，无论是技术沉淀还是造车技术都是蔚来领先。"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":816825041,"gmtCreate":1630488689383,"gmtModify":1633677711696,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Li can deliver close to 10k, this shot which I was the most bullish amongst the 3 only deliver 5.8k?! This is really worrying","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Li can deliver close to 10k, this shot which I was the most bullish amongst the 3 only deliver 5.8k?! This is really worrying","text":"$NIO Inc.(NIO)$Li can deliver close to 10k, this shot which I was the most bullish amongst the 3 only deliver 5.8k?! This is really worrying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/816825041","isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000220","authorId":"9000000000000220","name":"揭人不揭短","avatar":"https://static.tigerbbs.com/8a6d90cbff3ceab2e34f58c7b8e0271f","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000220","authorIdStr":"9000000000000220"},"content":"不用太多担心，蔚来肯定是三巨头的扛把子，无论是技术沉淀还是造车技术都是蔚来领先。","text":"不用太多担心，蔚来肯定是三巨头的扛把子，无论是技术沉淀还是造车技术都是蔚来领先。","html":"不用太多担心，蔚来肯定是三巨头的扛把子，无论是技术沉淀还是造车技术都是蔚来领先。"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":876021830,"gmtCreate":1637246022011,"gmtModify":1637246372317,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>What did I say?! American fkersare at play again. As long as it's not American they will dump. They don't care about fundamentals. All buy stocks using Reddit and meme stocks. This is the real world investing which is seriously screw up","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>What did I say?! American fkersare at play again. As long as it's not American they will dump. They don't care about fundamentals. All buy stocks using Reddit and meme stocks. This is the real world investing which is seriously screw up","text":"$Alibaba(BABA)$What did I say?! American fkersare at play again. As long as it's not American they will dump. They don't care about fundamentals. All buy stocks using Reddit and meme stocks. This is the real world investing which is seriously screw up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876021830","isVote":1,"tweetType":1,"viewCount":1394,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000699","authorId":"9000000000000699","name":"AugusMax","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000699","authorIdStr":"9000000000000699"},"content":"what did you say? alibaba is droping recently, did you hold a lot of it?","text":"what did you say? alibaba is droping recently, did you hold a lot of it?","html":"what did you say? alibaba is droping recently, did you hold a lot of it?"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849567030,"gmtCreate":1635767904863,"gmtModify":1635767904863,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Worry is, will ** clamp down commodities price? The results are really good&nbsp;","listText":"Worry is, will ** clamp down commodities price? The results are really good&nbsp;","text":"Worry is, will ** clamp down commodities price? The results are really good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849567030","repostId":"2180274964","repostType":4,"isVote":1,"tweetType":1,"viewCount":673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878868491,"gmtCreate":1637166872826,"gmtModify":1637170650831,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/STNE\">$StoneCo(STNE)$</a>There it goes... further prove my point that anything not American will crash. The results were disappointing, but doesn't make sense to crash like that. Screw American stocks","listText":"<a href=\"https://laohu8.com/S/STNE\">$StoneCo(STNE)$</a>There it goes... further prove my point that anything not American will crash. The results were disappointing, but doesn't make sense to crash like that. Screw American stocks","text":"$StoneCo(STNE)$There it goes... further prove my point that anything not American will crash. The results were disappointing, but doesn't make sense to crash like that. Screw American stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878868491","isVote":1,"tweetType":1,"viewCount":1371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871507972,"gmtCreate":1637078217527,"gmtModify":1637078475842,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Getting to the point of really shit.All EV are surging and this goes down?","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Getting to the point of really shit.All EV are surging and this goes down?","text":"$NIO Inc.(NIO)$Getting to the point of really shit.All EV are surging and this goes down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871507972","isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849567776,"gmtCreate":1635767973910,"gmtModify":1635767973910,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"What a disaster... why didn't they manufacture their own cars?","listText":"What a disaster... why didn't they manufacture their own cars?","text":"What a disaster... why didn't they manufacture their own cars?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849567776","repostId":"1197939581","repostType":4,"repost":{"id":"1197939581","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1635757515,"share":"https://www.laohu8.com/m/news/1197939581?lang=&edition=full","pubTime":"2021-11-01 17:05","market":"us","language":"en","title":"NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1197939581","media":"Tiger Newspress","summary":"NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned to dived more than","content":"<p>NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned&nbsp;to dived more&nbsp;than 3%&nbsp;after rising 4%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/0d630f8625a48d81207e8b9f63b04197\" tg-width=\"848\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO Inc. today announced its October 2021 delivery results.</p>\n<ul>\n <li><b><i>NIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction</i></b></li>\n <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703</i></b></li>\n</ul>\n<p>NIO delivered 3,667 vehicles in October 2021, representing a decrease of 27.5% year-over-year. The vehicle delivery in October was significantly impacted by reduction in production volume as a result of the restructuring and upgrades of manufacturing lines and the preparation of new products introduction from September 28 to October 15, as well as certain supply chain volatilities. Despite the production and supply chain challenges, the Company’s new order reached another all-time high in October driven by increasing user demand.</p>\n<p>Due to the restructuring and upgrade scheduling, ES8 production was resumed towards the end of October.&nbsp;The deliveries in October consisted of 218 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,528 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 921 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of October 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 145,703 vehicles.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-01 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned&nbsp;to dived more&nbsp;than 3%&nbsp;after rising 4%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/0d630f8625a48d81207e8b9f63b04197\" tg-width=\"848\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO Inc. today announced its October 2021 delivery results.</p>\n<ul>\n <li><b><i>NIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction</i></b></li>\n <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703</i></b></li>\n</ul>\n<p>NIO delivered 3,667 vehicles in October 2021, representing a decrease of 27.5% year-over-year. The vehicle delivery in October was significantly impacted by reduction in production volume as a result of the restructuring and upgrades of manufacturing lines and the preparation of new products introduction from September 28 to October 15, as well as certain supply chain volatilities. Despite the production and supply chain challenges, the Company’s new order reached another all-time high in October driven by increasing user demand.</p>\n<p>Due to the restructuring and upgrade scheduling, ES8 production was resumed towards the end of October.&nbsp;The deliveries in October consisted of 218 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,528 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 921 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of October 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 145,703 vehicles.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197939581","content_text":"NIO delivered 3,667 vehicles in October, decreasing by 27.5% YoY.The stock turned to dived more than 3% after rising 4% in premarket trading.\n\nNIO Inc. today announced its October 2021 delivery results.\n\nNIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction\nCumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703\n\nNIO delivered 3,667 vehicles in October 2021, representing a decrease of 27.5% year-over-year. The vehicle delivery in October was significantly impacted by reduction in production volume as a result of the restructuring and upgrades of manufacturing lines and the preparation of new products introduction from September 28 to October 15, as well as certain supply chain volatilities. Despite the production and supply chain challenges, the Company’s new order reached another all-time high in October driven by increasing user demand.\nDue to the restructuring and upgrade scheduling, ES8 production was resumed towards the end of October. The deliveries in October consisted of 218 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,528 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 921 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of October 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 145,703 vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854600848,"gmtCreate":1635437091517,"gmtModify":1635437091631,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GFS\">$GLOBALFOUNDRIES Inc.(GFS)$</a>Not sure will this be like tsmc, stable stock or a nvda&nbsp;","listText":"<a href=\"https://laohu8.com/S/GFS\">$GLOBALFOUNDRIES Inc.(GFS)$</a>Not sure will this be like tsmc, stable stock or a nvda&nbsp;","text":"$GLOBALFOUNDRIES Inc.(GFS)$Not sure will this be like tsmc, stable stock or a nvda","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854600848","isVote":1,"tweetType":1,"viewCount":892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878861697,"gmtCreate":1637166756946,"gmtModify":1637170467050,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Anything that is not US will all godown... seriously American stocks are screwed up with no fundamentals. No cars on the road, anda startup that only delivers 500 cars on the road can surge 100% and be the third largest auto maker by market cap respectively, surpassing Ford and GM. American stocks are just screwed up&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Anything that is not US will all godown... seriously American stocks are screwed up with no fundamentals. No cars on the road, anda startup that only delivers 500 cars on the road can surge 100% and be the third largest auto maker by market cap respectively, surpassing Ford and GM. American stocks are just screwed up&nbsp;","text":"$NIO Inc.(NIO)$Anything that is not US will all godown... seriously American stocks are screwed up with no fundamentals. No cars on the road, anda startup that only delivers 500 cars on the road can surge 100% and be the third largest auto maker by market cap respectively, surpassing Ford and GM. American stocks are just screwed up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878861697","isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870137742,"gmtCreate":1636592629402,"gmtModify":1636595978075,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Unbelievable... American stocks can post worser eps and yet is trading at such exorbitant prices","listText":"Unbelievable... American stocks can post worser eps and yet is trading at such exorbitant prices","text":"Unbelievable... American stocks can post worser eps and yet is trading at such exorbitant prices","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870137742","repostId":"2182505321","repostType":4,"isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884245860,"gmtCreate":1631900367150,"gmtModify":1632805462992,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Really brilliant article for equity analysis","listText":"Really brilliant article for equity analysis","text":"Really brilliant article for equity analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884245860","repostId":"1102595384","repostType":4,"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":871264286,"gmtCreate":1637074922834,"gmtModify":1637075517695,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>And you got a shit EV trucks company that has yet to deliver nuts up 100% sinceipo.&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>And you got a shit EV trucks company that has yet to deliver nuts up 100% sinceipo.&nbsp;","text":"$NIO Inc.(NIO)$And you got a shit EV trucks company that has yet to deliver nuts up 100% sinceipo.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871264286","isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871095561,"gmtCreate":1636991728476,"gmtModify":1636992307762,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>Jesus christ doesthis even worth that much? Americans stocks really hype up to the max","listText":"<a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>Jesus christ doesthis even worth that much? Americans stocks really hype up to the max","text":"$Rivian Automotive, Inc.(RIVN)$Jesus christ doesthis even worth that much? Americans stocks really hype up to the max","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871095561","isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859352289,"gmtCreate":1634658058996,"gmtModify":1634658130128,"author":{"id":"3577363982359186","authorId":"3577363982359186","name":"Vettelpole","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577363982359186","authorIdStr":"3577363982359186"},"themes":[],"htmlText":"Never trust investorplace articles... they turn theirviews like nobody business... many other platforms are much better&nbsp;","listText":"Never trust investorplace articles... they turn theirviews like nobody business... many other platforms are much better&nbsp;","text":"Never trust investorplace articles... they turn theirviews like nobody business... many other platforms are much better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859352289","repostId":"1150534887","repostType":4,"repost":{"id":"1150534887","kind":"news","pubTimestamp":1634643082,"share":"https://www.laohu8.com/m/news/1150534887?lang=&edition=full","pubTime":"2021-10-19 19:31","market":"us","language":"en","title":"NIO Stock Is Very Richly Valued, But I Can See Why It Tempts People","url":"https://stock-news.laohu8.com/highlight/detail?id=1150534887","media":"InvestorPlace","summary":"Nio stock would be much more appealing if it caught up to its valuation.\n\nNIO Inc. stock deserves to","content":"<blockquote>\n <b>Nio stock would be much more appealing if it caught up to its valuation.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> stock deserves to be valued as it has been, and it may still be worth a buy.</p>\n<p>The Chinese electric vehicle maker rolled 50,000 cars off the assembly linein July 2020, in the teeth of the pandemic.</p>\n<p>In&nbsp;early April of this year, it passed the 100,000 mark, and sales are brisk as demand continues to rise, as does NIO stock.</p>\n<p>As with many Chinese companies that don’t operate – for now – in the U.S., many people use metaphors to describe the Chinese firms. In NIO’s case, you may want to call it <a href=\"https://laohu8.com/S/CAAS\">China</a>’s Tesla (NASDAQ:<b><u>TSLA</u></b>).</p>\n<p>That may be true to a certain extent, as many of these comparisons are, but China’s EV market is different. For example, the Chinese middle class isbigger than the entire populationof the U.S.</p>\n<p>That’s a pretty good initial market. Plus, all the political and economic tussling between the U.S. and China means buying local Chinese companies makes a lot more sense now than it did a few years ago.</p>\n<p>Current supply chain issues are a perfect example of that logic.</p>\n<p><b>NIO Stock Shows Potential</b></p>\n<p>One of the clearest examples of the success of NIO stock&nbsp; is its astronomical market cap for a company that hasn’t turned a profit. At a$58 billion market cap, that’s about $580,000 per vehicle. And that’s for its U.S.-listed shares.</p>\n<p>Of course, that’s not a great comparison. Comparing it to companies with similar market caps, Nio is in the same league as Mexico’s leading mobile telecom<b>America Movil</b>(NYSE:<b><u>AMX</u></b>), video game maker<b><a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a></b>(NASDAQ:<b><u>ATVI</u></b>),<b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b>(NASDAQ:<b><u>RGEN</u></b>), and<b><a href=\"https://laohu8.com/S/TRI\">Thomson Reuters</a></b>(NYSE:<b><u>TRI</u></b>).</p>\n<p><a href=\"https://laohu8.com/S/F\">Ford</a> has a market cap of about $61 billion.</p>\n<p>So, yes, it’s wildly valued, but NIO continues to grow its product line in China as well as in Europe.</p>\n<p>Because European Union countries have a number of reciprocal deals with Chinese firms, those two markets continue to trade with <a href=\"https://laohu8.com/S/AONE.U\">one</a> another. European cars are sold and manufactured in China and vice versa, not unlike the EU’s deal with the U.S.</p>\n<p>This is part of the sky-high valuation. It’s a way for U.S. investors to diversify their “green” portfolios with an EV company that’s actually making and selling vehicles.</p>\n<p><b>Dotcom vs EV Booms</b></p>\n<p>I’m old enough to remember the dotcom boom (and bust). Brokers – remember them? – were literally telling clients that if a stock didn’t have a PE in the triple digits it wasn’t worth buying.</p>\n<p>Near the top, they were telling their income investing clients that had been sitting in utilities and Old School blue chips that growth was the new income.</p>\n<p>I’m not kidding.</p>\n<p>That’s the kind of feeling I get about EV stocks right now. Most don’t even have earnings or a finished product but have billions in market cap.</p>\n<p>This “been there, done that” side of me says it’s cold comfort that NIO stock actually has customers and three models rolling off its assembly lines.</p>\n<p><b>The Rubber Hits the Road</b></p>\n<p>As for NIO cars, it started with its ES-8, a high-range luxury 7-passenger SUV in 2018. It then rolled out its EC-6 luxury coupe in 2019 and its ES-6 high-range 5-passenger SUV in 2020.</p>\n<p>The company is moving into lower price points although it does have an EV Formula 1 race car.</p>\n<p>It also has its own charging units and has more thantwo dozen smart homesbuilt using its technologies around China.</p>\n<p>What’s more, NIO has adopted a battery swapping system. There are service centers around China that you drive into and they swap out your old battery for a new one in about 10-15 minutes.</p>\n<p>That means when you’re on a long trip, you aren’t limited by mileage. You simply drop off your old battery and get a new one without waiting for a full charge.</p>\n<p>NIO justswapped out its four millionth batteryat the beginning of October. This was something TSLA thought about doing but decided against. It will be interesting to see if this ends up working better than the EV “filling station”.</p>\n<p>All that said, NIO stock is still expensive. It isn’t a practical pick but more a “no guts, no glory” pick at this point.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Stock Is Very Richly Valued, But I Can See Why It Tempts People</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Stock Is Very Richly Valued, But I Can See Why It Tempts People\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-19 19:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/10/nio-stock-is-very-richly-valued-but-i-can-see-why-it-tempts-people/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio stock would be much more appealing if it caught up to its valuation.\n\nNIO Inc. stock deserves to be valued as it has been, and it may still be worth a buy.\nThe Chinese electric vehicle maker ...</p>\n\n<a href=\"https://investorplace.com/2021/10/nio-stock-is-very-richly-valued-but-i-can-see-why-it-tempts-people/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/10/nio-stock-is-very-richly-valued-but-i-can-see-why-it-tempts-people/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150534887","content_text":"Nio stock would be much more appealing if it caught up to its valuation.\n\nNIO Inc. stock deserves to be valued as it has been, and it may still be worth a buy.\nThe Chinese electric vehicle maker rolled 50,000 cars off the assembly linein July 2020, in the teeth of the pandemic.\nIn early April of this year, it passed the 100,000 mark, and sales are brisk as demand continues to rise, as does NIO stock.\nAs with many Chinese companies that don’t operate – for now – in the U.S., many people use metaphors to describe the Chinese firms. In NIO’s case, you may want to call it China’s Tesla (NASDAQ:TSLA).\nThat may be true to a certain extent, as many of these comparisons are, but China’s EV market is different. For example, the Chinese middle class isbigger than the entire populationof the U.S.\nThat’s a pretty good initial market. Plus, all the political and economic tussling between the U.S. and China means buying local Chinese companies makes a lot more sense now than it did a few years ago.\nCurrent supply chain issues are a perfect example of that logic.\nNIO Stock Shows Potential\nOne of the clearest examples of the success of NIO stock  is its astronomical market cap for a company that hasn’t turned a profit. At a$58 billion market cap, that’s about $580,000 per vehicle. And that’s for its U.S.-listed shares.\nOf course, that’s not a great comparison. Comparing it to companies with similar market caps, Nio is in the same league as Mexico’s leading mobile telecomAmerica Movil(NYSE:AMX), video game makerActivision Blizzard(NASDAQ:ATVI),Regeneron Pharmaceuticals(NASDAQ:RGEN), andThomson Reuters(NYSE:TRI).\nFord has a market cap of about $61 billion.\nSo, yes, it’s wildly valued, but NIO continues to grow its product line in China as well as in Europe.\nBecause European Union countries have a number of reciprocal deals with Chinese firms, those two markets continue to trade with one another. European cars are sold and manufactured in China and vice versa, not unlike the EU’s deal with the U.S.\nThis is part of the sky-high valuation. It’s a way for U.S. investors to diversify their “green” portfolios with an EV company that’s actually making and selling vehicles.\nDotcom vs EV Booms\nI’m old enough to remember the dotcom boom (and bust). Brokers – remember them? – were literally telling clients that if a stock didn’t have a PE in the triple digits it wasn’t worth buying.\nNear the top, they were telling their income investing clients that had been sitting in utilities and Old School blue chips that growth was the new income.\nI’m not kidding.\nThat’s the kind of feeling I get about EV stocks right now. Most don’t even have earnings or a finished product but have billions in market cap.\nThis “been there, done that” side of me says it’s cold comfort that NIO stock actually has customers and three models rolling off its assembly lines.\nThe Rubber Hits the Road\nAs for NIO cars, it started with its ES-8, a high-range luxury 7-passenger SUV in 2018. It then rolled out its EC-6 luxury coupe in 2019 and its ES-6 high-range 5-passenger SUV in 2020.\nThe company is moving into lower price points although it does have an EV Formula 1 race car.\nIt also has its own charging units and has more thantwo dozen smart homesbuilt using its technologies around China.\nWhat’s more, NIO has adopted a battery swapping system. There are service centers around China that you drive into and they swap out your old battery for a new one in about 10-15 minutes.\nThat means when you’re on a long trip, you aren’t limited by mileage. You simply drop off your old battery and get a new one without waiting for a full charge.\nNIO justswapped out its four millionth batteryat the beginning of October. This was something TSLA thought about doing but decided against. It will be interesting to see if this ends up working better than the EV “filling station”.\nAll that said, NIO stock is still expensive. It isn’t a practical pick but more a “no guts, no glory” pick at this point.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}