Dragon Fish
:
Not so fast bankrupt. CEO said still has 10 years to go after hardship in the past 10years. Nio still has a few billions cash on hand plus lifelines from Chinese and Abu Dhabi investment arms to inject more cash if needed. Raising cash is not an issue to Nio as Nio is good on promises too.
74216494
Dragon Fish
:
CEO promised a lot in the past already. I.e. to be profitable end of this year. Who takes him serious, still ? Lifeline fromAbu Dabi ? The sheiks will think twice, after so many losses already. Especially, because dropping sales, whereas other corps strongly advance. I.e. like Zeekr, Xiaomi or XPEV. "The fish stinks on his head, first". Only solution, pust the "Leading ZERO" and install competent manegement. Great tech at NIO. Terrible management. Do you think, the good workers at NIO are happy to lose more money with their company shares than they earn with their hard work ? The best are leaving first. Mr. LiE will be the last, probably.
Dragon Fish
74216494
:
The Abu Dhabi Shiekh pumped 3.3bil already unless they want to cutloss and don't want to pump more money anymore. Are you sure Nio staff are unhappy working there? They are paid to work there. Company burning cash partly also pay their salaries and bonuses. Their pay not good? Still unhappy? Get discounted share price also right?
74216494 : ... approaching bankruptcy.
Dragon Fish : Not so fast bankrupt. CEO said still has 10 years to go after hardship in the past 10years. Nio still has a few billions cash on hand plus lifelines from Chinese and Abu Dhabi investment arms to inject more cash if needed. Raising cash is not an issue to Nio as Nio is good on promises too.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
74216494 Dragon Fish : CEO promised a lot in the past already. I.e. to be profitable end of this year. Who takes him serious, still ? Lifeline fromAbu Dabi ? The sheiks will think twice, after so many losses already. Especially, because dropping sales, whereas other corps strongly advance. I.e. like Zeekr, Xiaomi or XPEV. "The fish stinks on his head, first". Only solution, pust the "Leading ZERO" and install competent manegement. Great tech at NIO. Terrible management. Do you think, the good workers at NIO are happy to lose more money with their company shares than they earn with their hard work ? The best are leaving first. Mr. LiE will be the last, probably.
Dragon Fish 74216494 : The Abu Dhabi Shiekh pumped 3.3bil already unless they want to cutloss and don't want to pump more money anymore. Are you sure Nio staff are unhappy working there? They are paid to work there. Company burning cash partly also pay their salaries and bonuses. Their pay not good? Still unhappy? Get discounted share price also right?![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)