FCUK the EU, honestly, all they can accomplish are sanctions, and tariffs. What happened to the free market? While covid was here, europe also subsidized company’s because otherwise they went bankrupt, and now they going to blame China for protecting their business? They rather let us , EU citizens , pay unaffordable prices for the green deal, which they impose to us, then let the free market flow, it’s only free when money flows their way. Otherwise ‘ Mutti Ursula ‘ comes out. China should quit producing car parts for EDM cars, the EU politicians don’t realize how many chinese parts are in EDM cars, if they do this, there won’t be another new european car rolling off the factory floor,at least not one that starts when you turn the key. Without China, EDM cars will be even more expensive and will price themselves even further out of the market.
Must Watch --- “I naked short sold stocks EVERY single day,” former Morgan Stanley employee. -“Gaming Wall Street” ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-i-tKiiHWGkE.html While naked shorting is illegal, do you think US SEC will enforce that law when naked shorting of Chinese EV companies serves to protect the US EV market? Remember, the US government just placed a 100% tariff on Chinese EVs imported to the US.
NIO has a design office in Munich, Germany and a software and hardware development office in St Jose, CA, and I think they are working on setting up assembly plants in Hungary. So they should be least impacted by the tariffs, at least they have some bargaining power to lower their tariffs.
I was explaining Nio to two teachers on my job today and they wanted to buy shares. Andaman how many people don't know about Nio. They even told me that I should be a spokesman for the company, it only then dawned on me of how passionate I am about this great 💎
Thanks for all your hard work Mitch and deep data retrieved! 21% Onvo ok.... Nio will be a little steep 🤷♂️. It won't last Europe isn't that stupid! 😂 Congrats on adding!!!! I'm way jealous! Sold my soul to home depot! 😂😂😂
Well, thanks for the dip, added another 120 shares today, my only regret is that I don't have more money to invest in at the moment. Guys don't forget that dips are making millionaires, so keep averaging down, every cent you average down today will bring hundreds on a long term, don't let bastards scare you😂 Triple M you are the 🐐 congrats on your very respectable amount of shares, and best regards from 🇭🇷 living in 🇮🇪
All EU bigger car makers are against the new so called “tariffs “ - protecting the EU car manufacturers… I havent heard so stupid story a long time that taxes or tariffs are helping someone 😅😅😅 Im 100% for sure that China will punish EU for that move through their own companies 😂 Go China and Nio🎉
Hey Mitch, Congratulations!! I think that NIO is an awesome company. Problem is that the US is actively anti China, & isn't hiding it!! This imho crosses over into the stock market. Hopefully when profitable NIO gets a fair valuation. All evidence is up until this point imho is that NIO stock is only a fraction of what it should be.. This I think we can agree on? But the why, it is like this.. Maybe we don't agree?
Great video Brother Money Making Mitch What happens to these brands when the Chinese public find out their companies are being punished? Sales exposure to the Chinese market 🇨🇳 Audi 38.37% BMW 32.3% Merc 30% Porsche 25% 🦁 Shut Your Mouth Boy 🦁
Hans Schumann tells Al Jazeera Net that, "In the first half of 2023, Germany exported much more cars and spare parts to China (13.7 billion euros) than it imported (3.7 billion euros). Therefore, Germany enjoys a strong positive trade balance in the automotive sector... simple math either way 😅 tariff or no tariff...it will be beneficial for Chinese Auto car makers...china is huge car market...3 in 1 car is sold in china...This is the reason William li is daring Europe to pose tariff... being a player in luxury car industry....there will be a firework 🎉🎉🎉
Mitch you have over 10,000 shares now!! What are you going to do with all the millions $ you’re going to have? I’m at 4,400 shares now aiming for 6,000 by year end 🙏🏼 I’m only 27 so I got nothing but time!