 Let's go What's up money geeks mr v here welcome to another video guys so in this one we are going to talk about ticket symbol and io neo So this is a company that we've covered here on the channel from the get go when neil was still trading Under ten dollars as a penny stock We covered it and talked about these guys becoming the tesla of china and again Those are the words that use the tesla of china and ever since then neil has been making Tremendous amount of growth and we've been covering Some of the progress here on the channel We've talked about them having your own sedan now that can compete with the model wife from tesla We've talked about their battery swap technology and all the other good stuff that neil is doing So i want to make sure that we have all this information so that you guys understand why i definitely like neil But most recently we've seen the stock just jump Again over like 10 for the trading day I want to make sure that we cover the reason why in Intercipation as to how that stock is going to climb in the future But before we get started guys if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content again neil is a chinese electric vehicle manufacturer As a matter of fact, i'm deeming neil as the tesla of china If we take this stock and compare it to let's say tesla You see that neil is actually up 30 percent for just within the last month whereas tesla is up 10 percent So just compare it from a percentage standpoint neil is performing better than tesla But you never hear that From people on wall street. I give a transparency I own both neil and tesla in my portfolio because I look at the stocks even though they're both evie stocks neil services The chinese market which is massive as why you see a lot of american companies trying to get into china because They have a ton of people That can potentially become customers So tesla is also in china, but tesla the number one market is here In the united states and neil number one market is china So again, those are two stocks I mean, I own those from the electric standpoint, but there's really no conflict there in my personal opinion So again today's focus is mostly to talk about why Neo stock is gapping Again, neo stock like most of the evie stocks ever since uh, biden came into the office I think that started in march. We saw these massive pullback Of the electric vehicle stocks, you know tesla pulled back Which is usually the catalyst for all the other electric Vehicle stocks to pull back. So neil that has seen a high of close about 70 dollars pulled back to under Around 30 or so even if not dropped to like 29 and again, um, I personally saw Money just disappear In my account just because of the price of the stock dropping But I mean i'm holding neil long term So I didn't I didn't really worry about it because I knew this was going to pop back The only thing that annoyed me is that it did drop when I didn't really have a ton of liquidity To add more to my position. So, um, yeah, that is the only thing that I feel by the bubble other than that I'm holding neil. I just like i'm doing with tesla. I'm holding them all the way I don't plan on selling unless it's really really an emergency. You don't have to Sell it for a life or death situation. So again, um, the reason why I really wanted to cover this is that Neal announced that they're going to have what they call power day. Um, so let me jump in and show you guys So neil has uh part of their division Um, of their business is called neal power and this is the part where I see neal really ramping up the pressure With tesla. So just just before we get there. So neal does Sedan so if you can see here, um, they have their ec6 They have their es9 es6 And their epg this is like a sports car So recently neal launched this et7 which we actually did a video here on the channel covering this particular You know update from neal. So now this is a direct competition with tesla In my personal opinion in china and I believe that the chinese government is going to back neal To kind of kick tesla out of there, but neal Now it's expanding their neal power Division they're making this a thing of its own So you have neal day and then now you have neal power day Which is just talking about the solutions that neal is providing again If you can see here in this image, um neal provides Different solutions as far as neal power. So you have the neal power home 2.0 You have the neal power plus so the the difference between the 2.0 and the plus is just how quick The batteries would charge So the 2.0 is cheaper than the two than the home Plus again, they have a power map you have power charger You have power swap station and they have I think they have their swap station 2.02 Which is now the most recent swap station and neal is boston that they have over 250 Swap stations across china So now with you know, introducing this neal day. They want to bring your customers To kind of see what neal is doing not just building electric vehicles But they also building powering supplies again neal has this neal power Swap here where you can pull in and swap your battery on the three minutes It takes like I said, um, it takes about three minutes I I mean, I'm just going with your work is I haven't tested it I don't I don't have the car or anything or nobody that has the car in china But they claim that they would swap your battery on that three minutes So think about you going to the gas station taking out the pump Swapping your credit card and all that stuff It's the same thing it takes you about three to five minutes to fully pump your gas You can get into a swap station and get out in three minutes, which I think is brilliant The other thing that neal is doing that I really like as a fact that neal is now expanding to europe neal just Is expanding to no way they're starting with no way As a matter of fact, once they establish themselves in no way They can just propagate across the other european countries and from there Who knows where the next step is going to be next up could be south america could be africa It could be the middle east and it could be north america So again, it's all it takes is that breakthrough and it looks like neal has actually found a breakthrough in europe Through going no way We know for sure that other european countries like germany has That they have vehicles that they don't want to mess with as far as mesad is and all these and all those big names But I think neal has a marketplace to Again, no way has given you that opportunity to penetrate that market. So For the most part, I think neal day again is just uh, sorry. I think that July 9 the neal power day event Is just one of the other events that neal is trying to use to showcase What they have to showcase their ability to showcase their technology To showcase everything that they have If you can see here, I like this power mobile And this is one I don't even think that tesla has even started yet So if you get stuck somewhere just like we have triple a right now where you can call triple a roadside assistants and stuff like that In this case if you run out of power You can call this neal mobile and they'll come in and charge your vehicle in 10 minutes So, I mean like the different aspects that neal is putting together in my personal opinion Is just making this company Really palatable for long-term investment. Again, we can look at this and say oh, it's a chinese company but I think China has never had a name in You know in car manufacturing and this is their opportunity number one It helps clean the air in china all that pollution that china Really struggled with when they were doing manufacturing a ton of manufacturing and then number two China wants to really establish a name in itself like hey We do build cars in china. It is not just Importing cars from across the globe they build cars in china. So I think that pride is something that neal Or china would want to back neal so that They can sustain that so I think again In conclusion here guys, I know I just went so deep with this one It may be a little bit over the place it's just because I'm super excited about the company and super excited about their technology I'm super excited about Where they're going and I think that the stock Would reflect that in the coming years Right now as we're doing this video neal is currently trading at 49 40 if you can see here that was like a 10 percent you know 10 percent rise for the day Which is crazy. So again, we want to see this thing back up to the 60s and 70s where it belongs And then from there that squeeze up to 100 that to me we have I have two critical Resistance that this thing would hit. I want that 60 70 point Dollar price point and then once it breaks that and then we'll see 80 90 and then 100 within that that range So that would be the the logical steps that I would see the progression for neal unless We do have some other issues again neal is still struggling with chips shortages, but that hasn't stopped them They're still meeting a lot of their numbers As far as deliveries of cars if we can remember we did a video I think like a month or two ago where they actually Really set a record for the monthly delivery So delivery they delivered more vehicles for that particular month than they've ever done and in the history of the company And also neal has a bunch of awards that they've received They call the red dot product design award for their neal the et seven again Let's go down here so you can see they you got for this et seven this new Sedan that neal is building and then they've also received it for the other for the other The suvs here again neal has about six or seven of these red dot award Based on what they've done. I know their designs and quality of their work So neal um just behind the scenes again, we everybody talks about tesla, but behind the scenes neal is slowly Building an empire that's going to disrupt the electric vehicle space in the coming future Most especially in china again, like I said, they're getting into europe And then we'll see them into the developing countries like in africa in south america In the middle east and maybe east in europe We know very well that the chinese government has really expanded in south america in africa And I wouldn't surprise me that they would want to push their own products They instead you go there instead of seeing toyotes. You would see Neal vehicles that are imported from china So again, and they go out and do a lot of work with partnerships with governments in developing countries Who knows they can make this as part of the deal like hey, you know, you give us a contract We would give you guys a bunch of electric vehicles to help No save the environment again. It's just a ploy to to you know do business So again, those are Some of the reasons why I think neal is poised to make a massive move and also That's why I think neal Actually really went up today because of the fact that they have this neal day schedule for july 9 again Put that on your calendar july 9 is the date for the neal power event So neal is going to come and showcase what they have from the perspective of Power in what they do in that space again Like we said, there's a bunch of things that neal is doing and making this a separate division That's really gonna stand out on his own based on the services that They're providing So let me know in the comment section what you think if you're new to the channel We talk about how to earn money or to save money how to invest and build worth So if there's something that interests you go ahead and hit that subscribe button and your notification bell to Don't miss out a new content. Also, if you're looking to get started investing Webo has their promotion where if you sign up and deposit a hundred dollars We get free stocks links in the description and as always guys Do your due diligence. Don't be a pretty savage and stay motivated