If next month can maintain 17k and above, blue sky is near. Remember Nio have asked suppliers to help each other's, how to save money and reduce Raw cost...etc..
NIO is likely to see its 2Q net loss narrow 25% on year, thanks to an improving gross margin, according to Deutsche Bank Research analyst Bin Wang in a commentary. NIO's delivery volume for June jumped 98% on year, helped by easing short-term supply constraints, Wang points out. Further supply chain cost savings via negotiations with suppliers, some reduction in promotion expenses, and help from economies of scale via record-high quarterly volume in 2Q, are likely to help vehicle margins rebound to low double digits in 2Q, the analyst says, citing company's remarks. The analyst has a buy rating on its H shares and a target price of HK$64.00. Shares are 2.2% higher at HK$34.80.
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103027647 : mean still loss 525million USD second quarter.CEO need to stop those rubbish rnd .li auto high margin with erev with 4billion USD profit annually .think cannot escape dilution again .CEO over expense like nio phone 2 ,nio house .that why high delivery no power .all profit need to fill massive hole create by ceo .even with onvo launch also cannot cover massive hole.ceo
just use dilution to fill all the cash burn .thus invite shortlist to short this nio and make money .stock holder will be punish by his rnd and dilution.xiaomi spend less rnd but do better than nio as ceo learn from past ev maker mistake.xiaomi also come out with ev and dnt built cash intensive swap else all stock holdee will get wipe out by dilution.
74216494 : NIO will not even reach this year the "highly probable 250,000" deliveries, announced for 2023. However, losses further to increase because of ONVO. And the best joke of "The Leading ZERO", to build second swap network for Firefly. How to compete in Europe with a handful of standard swap stations, to-be-build-swap stations for Firefly, and mediocre production quality ? NIO is only competitive in price. Supply constraints self-made. Because NIO paying only after 300 days. Do that for the "Leading ZERO", but not to the required contractors !