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HUGE NEWS just came out! so should you buy NIO stock now?! make sure to watch this video to find out and know this!... ► Get 3 Free Stocks on WeBull when you deposit $100 (Valued up to $1600): https://www.webull.com/activity?invit... PERSONAL FINANCE BOOKS: Think and Grow Rich ▶️ https://amzn.to/3kyh52D Rich Dad Poor Dad ▶️ https://amzn.to/2DWDrtz Intelligent Investor ▶️ https://amzn.to/3kzItgF Principles: Life and Work ▶️ https://amzn.to/2CiTgKN The 4 hour work week ▶️ https://amzn.to/2DITbAH I am going to show you some information that is going to make think twice about not having come NIO stock in your portfolio and how NIO could very well 10x in the next 5 years! Cathie Wood, one of the greatest investors of all time was able to invest in Tesla back in 2014 and has constantly criticized about her bullish statements on Tesla, and now Tesla and Cathie are constantly being talked about and are constantly being praised. Now Tesla, didn't just become this huge company over night, in fact. It took them about 17 years to get to where they’re at right now. So now let’s compare that to NIO, who just came in the EV business 6 years ago. And if you look at NIO's stock price, NIO is literally priced in right now as to how Tesla was in 2013, which brings me to why NIO stock could double. Now there are 3 major catalysts that I will be talking about in this video, which could be the difference makers for NIO that can have a massive impact on NIO moving forward which could potentially double the stock by November 17th! Now, the first catalyst that could NIO stock double is going to be NIO’s amazing demand in China! And having the ability to scale while making a profit. With Q3 deliveries growing to 12,206 vehicles, up 154 percent year over year, and im sure they will be announcing record margins Now up until this year they have been losing money like crazy, but they were able to manage and go in the right direction. It is more likely that NIO WILL have record deliveries this year, and not to mention that they have announced that by the year 2021 they will be able to manufacture up 150 thousand vehicles and 300 vehicles by 2022, and at their current trajectory, analysts are expecting them to be profitable by 2023. Now, another thing that I wanted to bring up that could make NIO stock double this novembet is how they were able to become a respected lifestyle brand, and not just another EV company that is trying to make a profit. just LIKE Tesla, NIO also has a cult following.. NIO's battery swaps have come up with a new business model entirely, which is knows as battery as a service, which launched last month. This means that they will be able to undercut competitors, which will allow customers to buy their cars without the batteries in them, and as we all know batteries are the most expensive part of any electric vehicles, so this si going to save customers a crazy amount of money around 10K DOLLARS, and instead they can just sign up for a battery subscription plan for 140 bucks per month, and this is going to make their cars more attractive to their customers because they will become more affordable, and in turn increase demand for their cars. DON'T FORGET TO SUBSCRIBE! UNTIL NEXT TIME! DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe