As of the end of Q2 2024, NIO had approximately $3.8 billion in cash and equivalents. After raising additional funds through convertible bonds in October, this amount likely increased to around $4.8 billion. However, given the company's high capital expenditure and ongoing operational losses, analysts expect NIO will continue to burn cash. NIO's free cash flow for the recent quarter was deeply negative, and it is projected that the company may not achieve positive FCF until 2026.
With a cash burn rate driven by international expansion, production scale-up, and competitive pressures in the Chinese market, it's estimated that the current cash reserves might last through 2025. After that, unless NIO improves its financials or reduces expenses significantly, it would likely need to raise more capital.
KokHong Jas118 : In 2030, $100🫣
TWP PaPa : no worries bro, Nio tech is better than Tesla..just that Tesla is from America , Nio from China..
I hope more Chinese support local brands...
Dragon Fish OP : As long as Nio starts coming QR with 63k deliveries can reduce the loss then the cash can last longer than expected until it turns positive FCF.
103484522 : onvo and firefly margin low need to sell mass amount like byd
74216494 KokHong : After 50:1 reverse split.
74216494 103484522 : Correct. L60 will increase losses until March next year, at least. When 20k can be produced per month. Assuming, they also can be sold.