Oh dear. Hope he didn’t get shaky hands. Genuinely.
@Vedran material here
What do you think of this?
I think it is pure speculation, I don’t see how or why Buffet would invest.
If it is true that there has been a big investment/acquisition of shares today then I think it is more likely to be funds, investment trusts and ETFs that have the S&P500 as a benchmark and want to invest before most of the passive S&P500 ETFs do.
Nonetheless, we shall see.
50 million shares though? It has to be someone big
Hmmmmmm yeah not too sure my friend.
There are atleast 2 Chinese car manufacturers I can think of which are very popular in the Asian and ME continent. Outside China. One of them is geely (who acquired Volvo)
Given nios expansion aspirations, i think they will easily penetrate the EU market. EU is going green by the day and nio would be a great fit.
Seriously? I’m not holding my breath for nio, my point still stands. To make it in a worldwide market and thats what it will need to achieve, they will have to overcome a history of defective Chinese technology and the poor build quality that comes with it. Europe the US and the UK will not swap to Chinese evs when so many top names are beginning to produce reliable cars here already, it will just be a change of price point
That’s how Kia and Hyundai got into the market. Who knew they would overtake the likes of ford and Nissan.
Personally, I think the days where Chinese products were unreliable are gone (for big consumer products). Cheap plastic stuff like household electronics is a different story.
Niu is also a Chinese tech ev, doing very well in the European electric scooter market.
Give us more content on tesla. 1000$ by Christmas
Chinese scooters have done well but they are still pieces of tat, most garages won’t work on them as they are poorly made so removing the bad aura around Chinese manufacturing won’t be easy.
I don’t think they will even make a dent.
To note kia still haven’t excelled in the UK or Europe and the gains made by Hyundai were due solely to low easy finance and ridiculously long unsustainable warranties.
To be fair I didn’t say Korean either? Korean has always been considered an ugly Japanese car not got the looks but damn they’re reliable.
China on the other hand have nothing
Your also forgetting just how long it took for hyundai and kia to get here? 50 odd years, remember the early cars they were great cars to put fords on top of in the scrap yard so you could get the precious Ford parts off
Lol, think you’re being a little harsh but each to their own.
Hyundai and Kia are huge in Europe. I myself own a niu and never has a problem with it.
So don’t know tbh…
I’ll invest in nio. Think it has good prospects. Little overvalued maybe. It’s like a Tesla hype.
Again im not talking about current cars but the entry into the market some 40 years ago, hyundai and Kia are good cars now especially with the enormous warranties they’ve had to sell them with to be this competitive. Nio will enter the market the same way kia hyundai did 40 years ago on a massive back foot with very cautious customers. Trust and brand recognition takes time it won’t happen in 5 to 10 years.
Evs are big money so its a big purchase that will take a lot of thought before buying and theres too many new evs coming out by “trusted” brands
teslas is coming through.??? up from here perhaps
I’m sure that made perfect sense in your head?
Its really making a meal out of the $500 barrier, I’m surprised tbh
I’m just glad it left that 3 month long range, wish I bought more at 380 though
Think we will be saying the same next year about this $490 price point, if tesla is now considered an amazon and the leader in automotive ev design the growth hasn’t even started yet
Nikola >>>>>>> Tesla
Nikola stock or are you playing with names? Nikola is a bit overpriced right now