$NIO Tape Reports
Per Ticker.id: $NIO Tape Reports — 3 podcast mentions across 1 podcast (30 days), latest 2026-08-17 01:13 UTC.
So NIO, NIO is an innovator. The ones that Goldman just bought, both of them big-time options ETFs.
Michael Batnick — The Compound and Friends · How to Play the Money Game with Michael Santoli · 2026-08-21All right, Pippa, thank you. Speaking of M&A, Goldman Sachs announcing yet another acquisition this morning to bolster its $4 trillion asset management arm. Today's news, buying LCN Capital Partners for as much as $410 million. LCN is a commercial real estate investor that specializes in something called sale-leaseback, build-to-suit, and triple-net lease sectors of the market. At a high level, essentially what they're doing is they're buying properties from companies— think offices, industrial sites, retail, etc.— and then they lease that right back to those companies on a long-term basis. What this does is it allows companies to free up cash but stay in the real estate that they've already built out. And for investors, the yield is pretty insulated from inflation due to the built-in rent step-ups, among other things. While the check size for LCN is small by Goldman standards, it is the fourth in a string of deals in the last year to bolt onto the asset management division. Just last week, Goldman said it was buying NIO, an ETF provider, for more than $2 billion. In December, it announced plans to acquire Innovator Capital Management, an active ETF sponsor, for $2 billion as well. Goldman said in October it would purchase Industry Ventures, a venture capital platform, for just shy of $1 billion. Goldman Sachs shares currently down about 2%. Obviously, this is a small deal, but kind of interesting in a trend of deals, especially as they look to really beef up and invest in that asset management side.
Leslie Picker — Squawk on the Street · 11AM Hour: CVC Marathon's Bruce Richards, Kalshi Board Member on Prediction Markets & Meta Trial Begins 8/18/26 · 2026-08-18Yeah, I was going to ask you about the NIO thing and now this today, a little tuck-ins and I guess using their currency, obviously what a year it's been for the stock.
Carl Quintanilla — Squawk on the Street · 11AM Hour: CVC Marathon's Bruce Richards, Kalshi Board Member on Prediction Markets & Meta Trial Begins 8/18/26 · 2026-08-18Wow, wow, absolutely. I think, well, the overcapacity has been a kind of like, well, It's been chronic in the Chinese economy, especially for manufacturing in many ways. And I think one of the key, like, factors driving this is this combination between, or linkage between, private capital and local governments because, well, it happened well before in steel and also in many other sectors, but in, like, automotive industry, What really happened was that, well, actually in the 2010s, the Chinese government will— I think a lot of people in the industry will believe that is one of the key turning points for the Chinese EV sector. They somehow in 2014 and 2015, well, if you remember in the peak of like shuangchuan, like mass entrepreneurship and innovation, like da zhuangchuan ye wan zhuangchuan xing, the Chinese government will lift this restriction for like not only private capital but also for private startups to start building cars. So that's why, well, you see in China there's not only, well, those companies that you can see today like NIO, like XPeng, like Li Auto, those were xīngshì lǐ, what Chinese people will call, but also a bunch of like companies that are now bankrupt. There are like, I actually did a count for another paper I'm writing, there are like 60 or 70 EV startups in China after 2015. That's crazy. Like, well, when you are talking about that in the US, well, you only have like Tesla, Rivian, Lucid, maybe Fisker. That's it, right? Maybe like 5 or 6 of them, right? But in China, you have like 60 of them. So many of them will, of course, will, uh, were like purely, well, started by private capital or private company, but, but Those were not very successful because they ran out of cash very early on. Some of them will try to establish, well, kind of like joint ventures with local governments, but well, they also ran out of cash from very early on. So the kind of like companies that sustained was those type of companies that can raise capital not only from their own founders, not only from the local governments but also from, well, for example, corporate venture capitals.
Fengming Lu — ChinaTalk · The Rise of China’s Electric Vehicle Industry · 2026-08-17For example, with Chinese, well, those internet giants, you basically, you on those more successful EV startups, you will see a lot of them have been sort of like backed by those Chinese internet giants, like tech giants like Alibaba or Meituan or Tencent and so on. And also will those corporate VCs from those emerging, like for example battery makers like CATL, the largest battery makers, they also will invest in those startups. Of course, well, this, this, you have like this 50 and 60 startups will compete against each other, that definitely create a lot of waste and overcapacity. Actually, well, in like somewhere about 2020, China was trying to swallow this overcapacity. The NDRC will, uh, find a way. They have already, well, sort of like halted like approval for new manufacturing capacities, uh, for EV making somewhere around like 2020, 2021. But well, here comes, well, the fascinating Hefei model. The Hefei model, I think a lot of people have been talking about. I think there was a few months ago there was a New York Times article about Hefei model, right? So what happened with Hefei model was that, well, you have this company NIO, uh, Wei Lai. They were initially, they had some market success. Well, in 2018 and 2019, well, they were the first batch of like Chinese startups were releasing their own EVs, their own like competitors to like Tesla models, well, very early on. But, uh, in starting from the late 2019, they started to running out of cash because, well, they were building so many things. They were building a lot of, well, battery swapping stations, right? It, well, it just spent them to— it just cost them so many. And they also, well, the stock price actually plummeted. In NASDAQ because of COVID and also a lot of other reasons. So starting from the late 2019, well, they started, well, raising— eventually raising capital from local governments because, well, some of the early, well, early colleagues of Li Bing, of William Li, actually told me that, well, initially, well, NIO was very unwilling to take capital from local governments because, well, In many ways, well, capital, injected capital from local governments, well, it means that, well, a lot of conditions, a lot of conditionalities, right?
Fengming Lu — ChinaTalk · The Rise of China’s Electric Vehicle Industry · 2026-08-17You probably need to invest that much amount of money into my locality or so on. But, well, starting from late 2019, well, they had no choice. They need to look for investment from local government. Well, again, Well, their initial supporter was Beijing, again, the city of Beijing, but well, somehow at the last minute, the Beijing government will cancel the deal again because of BAIC, again because of their own state-owned carmaker. Well, they are unwilling to see a new competitor. So NIO was so desperate, well, around like early 2020. So eventually what really became, well, acted as a savior for them was, well, Hefei, which was already hosting, well, uh, NIO's, well, factory and a lot of things. So they injected, well, a lot of people probably heard about that. Well, Hefei injected about like $1 billion, 7 billion Chinese yuan, as equity into NIO, which basically will turn out, well, at least initially as a win-win because NIO got all those cash for them to survive. And also, well, Hefei actually, they, as far as I know, well, they sold all those equity on stock market about like 1 year after that. So they actually, they get like 3 times or 4 times return, which was pretty fascinating, pretty good for such a large scale investment. But actually what's really interesting after the Hefei model was that, well, after that, Hefei model has been celebrated across China as a very good example of local governments trying to find out, well, a new startup, trying to act as a venture capitalist, although it's actually not, to save a startup and which eventually can boost the economy. So So later on, when the Chinese government was trying to, well, minimize this overcapacity, the Hefei model actually will further fuel the overcapacity. You will see, well, starting from 2010, you will see a lot of cities that are in panic or missing EV startups trying to, well, rush into the market and looking for like new startups that, well, they can inject equity or like or looking for like new startups.
Fengming Lu — ChinaTalk · The Rise of China’s Electric Vehicle Industry · 2026-08-17$2.3 billion for NIO?
Todd Sohn — The Compound and Friends · It's a bull market and nobody drinks anymore. · 2026-08-14$2.3 for NIO. I forget, Innovator was like $2-something.
Josh Brown — The Compound and Friends · It's a bull market and nobody drinks anymore. · 2026-08-14