NIO Inc.
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$NIO - VERY BEARISH $17-21 Price Target

575
Technical is very weak with bearish downward channel.
Delisting Risk.
European-China relations are worsening.
NIO heading to IPO on Hong Kong Stock Exchange which will significantly dilute shareholders by issuing new shares to a new IPO.
註釋
Production constraint, semiconductor constraints, increase cost on 2nd gen battery swaps and replacement of 1st gen battery swap, Increase CAPEX on construction of factory. This year will have lots of pressure on the stock price.

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