Meoooow
03-27

$NIO Inc.(NIO)$  

When Nio's management cannot meet the target they set, they're likely to find blame on something else like the case of Onvo. It's quite funny b'cos sales volume of Onvo is really very low compared to the target they set. 

I hope history don't repeat itself but fact is, it happened on many occasions. It's easy to say but hard to keep the promises. Will management play the shareholders again. 

When you're holding Nio shares then must be prepared to lose it all. Management keeps missing targets and sooner or later they're going to run out of excuses and throw in the towel. 

Patience is running thin. 

🍌 🍌 🍌

XPEV, NIO & LI Earnings Out: Which One Is the Best Play?
NIO is still posting losses, with a Q3 net loss of ¥3.48 billion, though this marks a narrowing of over 30%. At the same time, the company’s overall gross margin reached 13.9%, the highest in three years, and both operating cash flow and free cash flow turned positive. This time, NIO not only expressed confidence in achieving profitability in Q4 but also set more ambitious targets, aiming for full-year profitability next year. Li Auto’s Q3 revenue fell 36% year over year, with a net loss of 624 million yuan. Its Q4 guidance came in nearly 30% below expectations.
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Comments

  • 沃伦老巴
    03-27
    沃伦老巴
    yes. there is always a reason for poor sale, i need to see good sales. all are rubbish
  • AnaiAnai
    03-27
    AnaiAnai
    Thats the normal Nio CEO best performance is to blame others not himself.
  • kaikai20
    03-27
    kaikai20
    nice
  • Sonsonkok
    03-27
    Sonsonkok

    Great article, would you like to share it?

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