$NIO Inc (NIO.US)$ Li Bin said that NIO is willing to sink d...
$NIO Inc (NIO.US)$ Li Bin said that NIO is willing to sink down and do “stupid things” that are not easy to please, and that “where no one else builds piles, NIO is foolishly building.” Because these projects, which were previously dubbed “lose money to make money” by investors and the industry, have already been set up in Tier 1 and 2 cities, and have truly transformed sales for NIO.
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TWP PaPa OP : https://www.moomoo.com/news/post/42722301?futusource=news_stock_stockpagenews&ns_stock_id=76317274087095&report_id=38113994&report_type=stock&src=2&main_broker=WzEwMDhd&client_hour_clock=24&sg_cid=102239032&channel=4&skintype=3&level=1&global_content=%7B%22promote_content%22%3A%22mm%3Apost%3A42722301%22%2C%22invite%22%3A102239032%7D&data_ticket=2f356f4927a463c3fa61210e3f3d2353
Dragon Fish : Wait QR out see how much money burnt again?
TWP PaPa OP Dragon Fish : it's an ambition to be one and only EV refill tech for all universal EV brands...just like USB connectors or HDMI...it is also a very smart move to unite all brands to Nio Energy.
VIVEK SURANA : After burning so much money of investors, the arrogance and stubborness of the CEO is still not going away. The only way for NiO to succeed is to fire this CEO asap. stock price is down 95% and this CEO is still bragging about his decisions.
TWP PaPa OP VIVEK SURANA : CEOs need to seek approval from the board to execute. Abu Dhabi agrees meaning they see potential, I think it is also a good idea too.
VIVEK SURANA TWP PaPa OP : It's not just about making decision its about bragging about it. Generally, people brag about their decisions after they succeed, but this shameless CEO bragged even while losing money and stock price is so low. Generally, CEO apologize for their decisions after laying off people and losing money, but this CEO show no remorse after firing 10% of people last year and burning so much money of investors.
Dragon Fish TWP PaPa OP : That's more like a trial and error method. Trying everything in his mind and hoping one product can be selling like hotcake. But too bad so far none is successful yet after 10 years.