Nio Stock (NIO) Nio stock update price prediction before Q3 Earnings
Nio stock has been on a rampage this year and has had one bad day so far. Dropping 14%.

Nio stock is a very exciting stock to watch and evaluate. Their going to report this Q3 earning November 17 2020 Tuesday. Investors have a lot of money in this stock so I'm sure they will be watching this earnings report very closely.

In this video I talk about hy they dropped 14% on Friday, a short seller that seems to be very bearish on NIO Stock, the compition Nio will be facing in china and some big news you must know before the Q3 Earnings.

Nio is an EV company located in China. China is the biggest market for EVs and they want 20% of their cars to be electric by the year 2025.
This brings in a lot of interest for companies like NIO and could position them for success.

The big 3 china EV companies are Xpeng, Li Aut and NIO. NIO is arguably the biggest one of the three but the reason this is important is because Xpeng and Li Auto rerouted their earnings and both companies have beast their expectations and have increased revenue and vechiles sold. So this is big for NIO since its already expected that they will beat their earnings and bring more value to this company.

Citron has stated that its time to pull out of NIO and take profits but many investors don't feel its the time to get out just yet.
Tesla is the compitition Nio must face in china.
Tesla is going to cut their prices on their vechiles and this will certainly bring more value to Tesla and drive NIO nuts.

Nio has a lot of potential and room for growth and this earnings will beat expectations. China has a huge piece of the market and NIO is ready to get a piece of their cut.

Hope you enjoyed the video please remember I am not a financial advisor this is strictly for entertainment and I love entertaining you all.

I have done a lot research and have read a lot of articles pertaining to these companies and stocks so I do hope you guys enjoy the video. Remember to view,like,share and subscribe.

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*disclaimer* I am not a financial advisor this is just my opinion, the decisions you make financially are your responsibility and only you. This is only for entertainment purposes only.
Side Note: There may be a discrepancy in some of the numbers I spoke in the video (in terms of the stock value, growth rate), as the stock market is always fluctuating and value changes constantly. These were the prices/values at the time of the recording.

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