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mlamping t1_j6fc9ni wrote

Interesting, after Tesla cut in prices, has Nio done the same? I know their profit margin is lower, would that impact their ability to lower? Would Tesla cause Nio to lose purchases?

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MrLebouwski OP t1_j6fdyk9 wrote

They haven’t as far as I know and most probably won’t since they are in a different price segment with most of their cars. Xpeng did just recently in reaction to Tesla as a direct competitor.

It will have some impact, can’t deny it. But it won’t stop them of growing immensely in 2023.

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mlamping t1_j6femog wrote

Ok goodluck

I’d personally figure out the cost between a Nio and Tesla now atleast.

Because (anecdotal) china Tesla had apparently crazy sales after the reduction in price

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MrLebouwski OP t1_j6fgvts wrote

Thx. Tomorrow or Tuesday we will get registration numbers from January 16th to 29th in China. If they are horrible I’m gonna sell, not attached to my position at all but I expect them to be okay. And speaking of Tesla, they had pretty good sales back in September e.g., way better than in the beginning of January as far as I know so let’s see.

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