1. An EV thread According to the International Energy Agency (IEA), over the last 10 years, EV sales have risen from 17,000 to 7.2 million, 47% of which were in China.
A big reason $Nio is competitive in the EV space is because of the support it receives from the govt. Last year, the government supported $Nio by offering it a RMB7 billion (US$1b) bailout
$Nio saw its Q1 2019 and Q2 2019 EV sales drop by approximately 58% and 8% sequentially as a result of the subsidy cuts
According to a McKinsey report, 100,000 units of EVs were sold in China in June 2020 compared to 196,000 sold in June 2019. In response to the pandemic, Beijing decided to extend the subsidies to 2022.
Some of the risks $NIO faces are phasing out of the subsidies for EV and cash burn. More at simplywall.st/stocks/us/auto…

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Mukund Mohan

Mukund Mohan Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @mukund

20 Nov
To avoid group think. #cognitivebias 1. Form a thesis for investment. 2. Put together simple screens for the stocks that meet your thesis and criteria. 3. Learn about investor sentiment on Twitter. If you go backwards on this, you will buy what everyone else buys. #NoteToSelf
For e.g. Thesis - 1. Electric Cars are the future. 2. Finviz Electric cars to get $XPEV, $TSLA, $RIDE, $NIO, $BLNK, $PLUG, $APTV, etc. 3. Check sentiment on Twitter #NoteToSelf
Thesis 2: Fintech will replace traditional finance. 2. Stocks: $SQ, $PYPL, $LU, $LMND, $STNE, $PAGS, $RKT, etc. 3. FinTwit only likes $SQ and $PYPL, but I prefer $LU #NoteToSelf
Read 7 tweets
18 Nov
A thread on $GDRX from an ex $AMZN employee. There have been 5 instances when I was at $AMZN and it announced it was entering a new market and competitors stock crashed. What happened next was to be expected. A Thread (1)
1. 2012 $NFLX shares *crash* when Amazon announces Prime Video trefis.com/stock/nflx/art… (I wonder what happened in 2013/2014/2015)?
2016: $WMT and $KR crash when $AMZN announces it is buying Whole Foods and slashes prices of Whole foods by (gasp) 10 - 20%). 2020 - $WMT hits ATH
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!