NIO Stock Analysis 📊🤓 August 2020

NIO reports Q2 2020 revenue of $527M (+140%), with a positive gross margin of 8.4%. This was a huge sequential improvement across the board, and sets NIO up on the path towards profitability, with its upcoming EC6. NIO's newest EV, the EC6 is already accepting orders on the NIO app, and is set for customer deliveries in September. This should accelerate revenue and deliveries growth. Please let me know what you think in the comments below!

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LINK - NIO's financials on HyperCharts: https://hypercharts.co/nio
LINK - NIO Investor relations site: https://www.google.com/search?q=nio+ir&oq=nio+ir&aqs=chrome.0.69i59j0l6j69i60.934j0j4&sourceid=chrome&ie=UTF-8
LINK - HyperChange visits the NIO store in Shanghai in February 2019: https://youtu.be/yuefu8Tls1I

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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 08/12/2020 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Spotify (SPOT), Arcimoto (FUV), Snap (SNAP) and long Maker & Bitcoin. Galileo is also an investor in SpaceFilche, an SPV that owns SpaceX stock.

Видео NIO Stock Analysis 📊🤓 August 2020 канала HyperChange