$NIO is up 8.5% today.
Quick thread on #NIODay from this weekend, the effect it is having on $TSLA, $BYDDF, $QS, $LAZR, $NVDA, CATL, and what is to come.
The NIO ET7 boasts 621mi range (150kWh battery) for $70k-$80k & Level 3 autonomy. This prices right in-between Model 3 SR+ & base Model S.
$NIO is up 8.5% today.
$BYDDF is up 3.5% today
$BYDDF $BYDDY
More on BYD here: https://t.co/rbiX4sZtdN
https://t.co/SYLpij5dTe
$BYDDF $BYDDY
BYD is still the only car manufacturer producing its own batteries.
Blade battery is the cheapest & safest battery in the industry.
BYD is profitable, has the most diversified EV line-up, by far, & stock is cheap.
https://t.co/uxSlmQGBRv
EV battery prices have come down a lot in the past five years, and will continue to drop as technological improvements, production efficiencies, economies of scale, and raw material sourcing further improve. In the lead is BYD, which already produces the safest & cheapest battery pic.twitter.com/Dh5LNPFRhu
— Snow Bull Capital (@snowbullcapital) November 12, 2020
https://t.co/hIoslU9iim
Top 10 most active stocks on Shenzhen Stock Exchange today. pic.twitter.com/18EfD1wcWP
— Snow Bull Capital (@snowbullcapital) January 11, 2021
NIO CEO Li Bin said it will "adopt" this technology, but didn't say from whom.
Also, anyone who thinks NIO is making these batteries itself probably also believes Tesla will produce 10GWh of 4680 cells this year...
@luminartech's Iris LiDAR has comparable specs, but similar to how $QS is reacting to #NIODay, $LAZR is down -5.5% today.