$NIO expect NIO to follow suit with a similar stock offering much like Tesla to raise capital. As an investor, I would with out a doubt double my investment knowing it was for expansion. Tesla stock offering: $2 Billion, at closing share price today. Jolted stock bc now have free flowing cash for Giga Cybertruck. NIO: stock offering to German investors in order to free up cash flow and take orders from Germany/Eu. JAC factory can handle 150k/yr. If I were Bin, this would be my move. Let’s see how it plays out.
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