$NIO Inc (NIO.US)$ For all those who are projecting ONVO t...
$NIO Inc (NIO.US)$ For all those who are projecting ONVO to sell 30 k per month and competing with TESLA. Here is the breakdown , The total production capacity for NiO is 400000 per year, i.e., 33k pm. considering NiO sell 20k the ONVO can sell at max 13 k cars per month, and this is I am talking about the theoretical capacity, any operation issue, and production can go down. Let see how quickly NiO builds F3 factory.
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CTradingWallet : Road to 3.78?
708136 CTradingWallet : Already on the way to 3.78
74216494 : But that means a huge increase of losses for the beginning of L60. Because according to "The Leading ZERO" himself, L60 will be profitable when selling 20k-30k a month. Question then: 3rd factory ready before NIO bankrupt ? Happy SHORT, SHORT, SHORT untile then.
Lewis TEG : bankruptcy on the card. don't dare to touch this share. reasons being NO OFFICIAL FINANCIAL REPORT.
VIVEK SURANA OP 74216494 : Exactly, I also have similar doubts. Recently, NiO heavily reduced the speed of swap network expansion, so maybe they are saving some money there.
103263621 Lewis TEG : That’s why the CFO left the firm
104631563 : No fact and logical thinking in business