Read on Twitter
(1/10) FinTwit seems broadly dim on $NIO. Understandable after its torrid year.
Here’s a thread of what bears are missing and why I think $NIO might someday be bigger than $TSLA.
Here’s a thread of what bears are missing and why I think $NIO might someday be bigger than $TSLA.
(2/10) The first thing a $TSLA usurper needs is their own Musk. EM is a PR machine.
Enter William Li.
Like EM, WL was an Internet founder and billionaire before turning to EV. While he’s no match for EM’s controversy, he’s equally up to talking game. https://cntechpost.com/2020/09/28/nios-william-li-says-theyll-overtake-tesla-one-day/
Enter William Li.
Like EM, WL was an Internet founder and billionaire before turning to EV. While he’s no match for EM’s controversy, he’s equally up to talking game. https://cntechpost.com/2020/09/28/nios-william-li-says-theyll-overtake-tesla-one-day/
(3/10) Here’s a narrative on Li.
Now I’ve read Ashley Vance’s bio on EM. Call me crazy, but I’m partial to Li’s self-mythologizing.
I bet Musk has better drug connects though.
Now I’ve read Ashley Vance’s bio on EM. Call me crazy, but I’m partial to Li’s self-mythologizing.
I bet Musk has better drug connects though.
(4/10) This comparison between the $TSLA and $NIO playbooks finds a lot of similarities.
Tesla is more than just a car company?
Nio is more than just a car company.
Even have many of the same investors. Notably Baillie Gifford, w/ their $300 $NIO PT. https://www.fool.com/investing/2020/08/20/more-than-just-an-electric-vehicle-maker-nio-launc/
Tesla is more than just a car company?
Nio is more than just a car company.
Even have many of the same investors. Notably Baillie Gifford, w/ their $300 $NIO PT. https://www.fool.com/investing/2020/08/20/more-than-just-an-electric-vehicle-maker-nio-launc/
(5/10) One would assume Tesla has an edge in intellectual property. But I find it hard to believe the CCP won’t eventually crack that nut.
And who might benefit from that info leak? Maybe all Chinese EV makers. Or maybe the CCP has a favorite?
And who might benefit from that info leak? Maybe all Chinese EV makers. Or maybe the CCP has a favorite?
(6/10) My theory is the house favorite is $NIO. Follow the money.
From their most recent cash infusion from the Hefei government to Tencent’s stake, there are many indications that Nio is in the gov’t good graces.
From their most recent cash infusion from the Hefei government to Tencent’s stake, there are many indications that Nio is in the gov’t good graces.
(7/10) The Tencent cosign is important. Americans assume all Chinese companies are in bed with the CCP. Untrue.
Tencent is a de facto CCP surveillance arm, and CCP leadership directly overlaps with Tencent’s.
Good summary (H/t @GrubstakersPod): https://podcasts.apple.com/us/podcast/grubstakers/id1344672234?i=1000476605877
Tencent is a de facto CCP surveillance arm, and CCP leadership directly overlaps with Tencent’s.
Good summary (H/t @GrubstakersPod): https://podcasts.apple.com/us/podcast/grubstakers/id1344672234?i=1000476605877
(8/10) Long-term, I find it hard to believe Nio will lose the 
market to Tesla, or vice-versa Tesla will lose the 
market.
So, the key global market differentiators (imo) will be:
- Is battery-as-a-service > fast chargers? Atm I’d say yes. May change.
market to Tesla, or vice-versa Tesla will lose the market.So, the key global market differentiators (imo) will be:
- Is battery-as-a-service > fast chargers? Atm I’d say yes. May change.
(9/10) - Who nails self-driving 1st? Not my realm to comment on, but I speculate China may have structural advantages in data collection.
- Who bests export infrastructure + product? Again I prefer China here, both for their policy focus on EV & connections to SEA and Africa.
- Who bests export infrastructure + product? Again I prefer China here, both for their policy focus on EV & connections to SEA and Africa.
