, 5 tweets, 2 min read
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If you think $TSLA is insanity, look at $NIO. Has a negative (!) 6-9% gross margin (on each car produced!), massively indebted, having sold ~3k cars in June for a record, yet "worth" more than Nissan or Peugeot-Citroen, or twice Renault.

In a perfectly normal 27% range today.

Up 150% in 2 weeks.
Who would have thought...
Can't stop, won't stop (until it will).
Why not? Only up 150% plus change in 2 weeks.
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