I can’t seem to find this on the app. Has it been taken off?
I’m using an isa by the way.
NIO isn’t an ISA-eligible stock (ADR).
But XPEV (XPeng) is?
Both are technically the same kind of business lol
There are discussions and explanations about NIO and other non-ISA eligible ADRs in several threads in T212 community forum. A simple search will shed more light about it.
The ISA-eligibility of ADRs aren’t about the kind of business they operate in.
As an UK fiscal resident you should know more about your taxation and HMRC. As it’s weird that a non-UK fiscal resident know more about it than a British resident.
If XPEV is available on ISA, maybe T212 will take it off, as already have done with NIO.
Yeah be careful, i was in Nio at $5 when it was removed from my ISA.
I suggest ETFs. They are the best diversified stocks in one place for beginners. If you intend to buy nio its a Chinese car maker making no profit and risky. I suggest buying a small amount if you insist on buying nio. Buying it when its bearing (price going down). With Tesla its much better, but the price is very high to buy it now. Best price is on the 600s .
Apparently it’s on the HK stock exchange which qualifies it in the ISA.
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Which ETF’s do you recommend for NIO then?
As I’m using an ISA and NIO isn’t on there so would be a great alternative.
There is the 3x Long and 3x Short ETP of GraniteShares.
ISA eligible
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If you intend to get exposure to NIO. It might be a buying zone (?)
Siginificant drop due to forward-guidance of earning
NIO Stock: Electrifying Q3 Results and This Is Just The Beginning Nov. 11, 2021 12:26
NIO beat estimates in Q3, but drop due to forward-guidance
Upcoming catalysts include the ET7 release and Norway expansion.
The company is facing short-term headwinds, but fundamentals remain strong.
NIO Stock: Electrifying Q3 Earnings Results, Outlook Disappoints
NIO beat estimates in Q3 but offered guidance below estimates. Read this article to know why I’m very bullish on NIO stock.
Nio seems expensive already. I’m not really sure where to go from here as it seems still caught in the hype cycle.
Plus Rivian and Lucid seem to be taking a bit of wind out of its sails. It’s not the new contender anymore that everyone seems to want.
RIVN market cap of 113.605B.
The RIVN price needs to drop half of it to closely match the market cap of LCID, F, GM
With the current share price
F, Market cap 78.167B
GM Market cap 89.725B
LCID Market cap 90.896B
With RIVN I will consider open a position once they drop below $70 close to original IPO price.
I already took my original investment with LCID.
About NIO With the current share price,
NIO Market cap is 61.491B, so Not expensive valuation imho considering they have delivered 142,000+ EVs.
What’s that five hundred thousand dollars per car delivered?
Seems about right.
Here’s a mental thought……
Imagine if GM, Ford or VW spun off the EV side of there businesses. The spin off at present would be valued at more than the actual “parent company”.
I read about these kind of things in a previous time…… it’s simply unsustainable
I wonder if anyone is seeing the first phase of EV market saturation happening so quickly before our very own eyes.
Firstly only a few countries in the world have a constant 24/7 electricity supply from the mains as the vast majority of the world still relies on generators and would not be ready for EV for at least in the next 40 years or may never.
Secondly even if EV is projected to only capture just the developed nations, it is worth bearing in mind that when traditional cars reach certain age it gets sold to Africa and less developed countries which raises new money and keeps the wheel rolling.
So unless the developing nations catches up on infrastructure, every single EV sold in the US & EU at old age would have to end of life at a cost unlike the traditional vehicles.
Don’t also forget, the higher electricity prices, due to high demand and deficient supply (renewables aren’t a reliable source of energy, as seen in the last months, the closing coal-fired plants, the transition from oil-fired plants to natural gas fired plants), due to higher prices in natural-gas and to higher carbon emissions allowances prices.
EV is an environmental buzz feed by a mix of non-pollutant and pollutant energy sources, and manufactured with mineral (metals, lithium, etc) and oil resources (for the plastics and other fibers) that have a high impact on the environment. And not talking about the nightmare of the end of life batteries and vehicles.
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@ imichael2006
My personal opinion. When the regulation is there to force everyone to comply then you do not any have any other option. There are already a few cities have issued to ban the ICE to enter the city in less than 10-years’ time.
The local government will not issue something which are not achievable. The infrastructure will catch up when the money is there.
Regarding the developing countries infrastructure. Well, they are not the target market for EVs manufacturer anyway. You should not be expecting the people to buy a $30.000 EVs when majority of people are earning less than US$3,000 a year.
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