With or Without Apple Partnership, NIO Stock Is Still a New Year Buy
VWAGY) or even Nio. Wedbush Securities analyst Dan Ives recently predicted the following: “We believe based on our investor conversations over the last few days that many on the Street would rather see Apple partner on the EV path, than start building its own vehicles/factories given the margin and financial model implications down the road, coupled with the strategic product risk around such a gargantuan endeavor.“ In fact, Ives believes that the odds of a strategic partnership are as high as 70%. Ultimately, were the partnership successful, you would then see Apple move to its own manuf...