Why NIO Stock Is Soaring 🇨🇳⚡📈
Chinese EV-maker NIO has seen its stock price soar 220% in the past year, to a valuation of ~$15B. Is the hype justified for the 'Tesla of China'? I think so. NIO just reported record Q2 deliveries of 10,000+ vehicles, and is set to introduce a lower cost coupe (EC6) later this year. What are your thoughts on NIO stock and it's valuation? Become a #HyperChanger & support us on Patreon to receive the exclusive weekly HyperChange Newsletter!! https://www.patreon.com/hyperchange LINK - NIO on HyperCharts: https://hypercharts.co/nio LINK - NIO Q1 2020 results: https://ir.nio.com/news-events/news-releases/news-release-details/nio-inc-reports-unaudited-first-quarter-2020 LINK - NIO announces completion of offering of 72M shares in US: https://ir.nio.com/news-events/news-releases/news-release-details/nio-inc-reports-unaudited-first-quarter-2020 LINK - NIO announces China funding: https://ir.nio.com/news-events/news-releases/news-release-details/nio-announces-substantial-completion-cash-injections LINK - NIO reports record Q2 2020 deliveries: https://ir.nio.com/news-events/news-releases/news-release-details/nio-inc-provides-june-and-second-quarter-2020 HyperChange Twitter: https://twitter.com/HyperChangeTV HyperChange Instagram: http://instagram.com/Hyperchange HyperChange Facebook: https://www.facebook.com/HyperChange/ Music by Marko: https://soundcloud.com/markothedon & Fritz Carlton: https://soundcloud.com/fritzcarlton Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence. As of 07/21/2020 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Spotify (SPOT), Arcimoto (FUV), Snap (SNAP) and long Maker & Bitcoin.
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