 It's almost here. What's up, money geeks? Mr. V here. Welcome to another video, guys. So in today's video, we are going to talk about Chica Symbol NIO NIO. So again, I've covered NIO here on the channel. I told you guys about what this company is about. The reason why I want us to really kind of take a deeper dive again into NIO is because NIO day is coming up. It's tomorrow for those of us that are in the United States. NIO day is less than 18 hours from happening. I don't know why they put NIO day on the weekend. I'm pretty sure just in case if things don't go as planned, their stock doesn't take a massive bidding. That's just my speculation, but I would love to have them do this during the weekday where you can actually trade the stock real time when their actual NIO day is happening. But that's just my take. So I'm going to jump in. I'm going to tell you what I think about NIO day, what to expect and kind of price projection, moving forward. But before we get started guys, we are new to the channel. We talk about how to end money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and any notification bell so you don't miss out on new content. So for those of you that don't quite know what NIO day is, this is a day where NIO actually goes out like Tesla do their battery day. NIO actually release new products and give us a direction where the company is going or the future of the company. So that is what NIO day does. It was supposed to be last year in December, but because of COVID, it got pushed to January of 2021 and specifically January 9th of 2021, which is tomorrow again guys. So key things I want you to be aware of for NIO day, what NIO is going to do is they're going to unveil their new sedan which is going to compete with Tesla. So I mean, think about it. They have had SUVs and now they're getting into the sedan space. And so a lot of people are speculating that this is directly to attack Tesla Model Y in China. NIO want to be in that space because more and more people don't want to have little cars that they can drive around as opposed to an SUV because Model Y is doing pretty good in China and NIO want a piece of that market. So that's something that I want to bring to you guys's attention. But not only are they unveiling this new sedan, they are also bringing in a lot of other things. So their battery is also getting kind of like a touch up. So if we go to NIO power, so NIO power is actually doing a ramp up wave. They are also improving their battery, so making it even better and then improving their swap stations. So for those of you that don't quite know, NIO has this thing called battery as a service where you can actually buy a NIO car and pay less but don't own the battery in the car. And then you can just subscribe, which is an excellent business model. You can subscribe and then they have all these battery swap station across the country or across town where you can pull up at any battery swap station and get a new battery for a monthly fee, which I think is a brilliant model. And so they are going to kind of show an improved version of their battery swap model. And as you can see here in this picture, this is like you just drive in and in under three minutes, they can completely swap your battery and give you a new one so you can go about your business. So I think that is a brilliant business move. So look forward to that battery as a service. I think NIO is the first one to do it. So they are leading that space. A lot of the things that NIO is working on, in my opinion, this company is holistic. They are not just selling your car. They want to sell you a lifestyle. That is what NIO is building in. If you can see, so they have a fan base, people that believe in the company. And I mean, from start to finish, they're a roadside assistant, all the other services. So they have lifetime services that you can actually sign up for once you buy a NIO car or a NIO SUV. And they are going to take everything, take care of everything that you need. If we look at what they call their worry free service package, just look at all the services here. Free repairs, free maintenance, free courtesy car, free cellular data boost, free insurance. I mean, free car washing services, free airport parking, free valid driver services, free everything once you get. So this is a lifestyle. Once you get the car, it impacts all that aspect of your life. So that's something that I'm super excited about. But NIO also plan on actually building even like a cheaper version of their cars because they actually signed a contract with CATL to actually get a cheaper version of the batteries. The batteries are gonna last longer, but a little bit cheaper. So they want to use this and put it in their car so that they can provide their customers even more of a cheaper car. So again, NIO is onto something in my personal opinion. Again, this is the battery swap station you can see here. It's designed, this thing comes like a box. You can just place it wherever you want and people can come in there and get their battery swapped just like that. I mean, like this company is innovative in my opinion. And so what does this mean for you and me as investors, right? That probably the question that everyone's asking right now. Where do we go from here? My personal projection here with NIO. So as of when we were doing this video, NIO was actually trading at about $58 and some change. So if everything goes as planned and they actually hit the ball out of the park per se in terms of the delivery for NIO Day, I anticipate that on Monday morning, this thing is gonna open over $60 and even go as far as testing $70. From a long-term perspective, it's, to me, I see it at 100 and 110 price point for NIO because of just the way they are growing and how they are really making their customers feel comfortable in expanding their businesses. Not just sticking with like, hey, we just sell cars. Nope, they sell cars, they sell a lifestyle which is more than just selling cars. So that's what I think. So one of the two ways that we can actually attack NIO here, the fact that this is happening over the weekend, if you want to speculate and buy and hold so that you think Monday morning, the price is gonna go up, that would be a risky speculation in my opinion because if you see what Tesla did in the past where if you went into Tesla, Tesla came out, numbers were good, everything was good, but yet the price of the stock still took a beating. And so I don't know if that would be a smart move. For people that already have NIO, you don't have to worry about anything. Just, I mean, you just let it right. For people that are looking to get in or if you're looking to swing NIO, you can wait, if you trade using Weibo, you can buy NIO at 3 a.m. in the morning, central time so you can figure it out if you're Eastern or Pacific times or you can figure out the times, but 3 a.m. my time, that's when the market opens and you can catch NIO then. At that point you see if it's gonna be going up or going down that you can decide to get into the stock. So that's the way I'm gonna play, but basically for this particular video, I just wanna let you guys know that NIO is having a NIO day tomorrow and they are unveiling a ton of things which I call catalyst. New sedan, that's huge. New batteries, that's huge. They're talking about, you know, their battery as a service expansion, that's huge, new contracts to actually expand the battery as a service to other parts of China which I think that's good. So I'm still bullish on NIO and I'm gonna be looking forward to these things spiking Monday morning after, you know, a NIO day tomorrow. So I'll keep an eye on it and just for you to understand, keep an eye, read about what happens tomorrow because if NIO gets some really good feedback from everybody from the analysts, if they say NIO knocked it out of the ball pack and they expect NIO to jump to over 70 on Monday morning but if we just hype for nothing and then expect NIO to either stay there or even pull back before squeezing back up. So that'll be my take. Again, guys, if you're new to the channel, we talk about how to end 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 your notification bell too. You don't miss out on new content. Also, if you're looking to get started with investing guys, we mostly have their promotion. 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