$NIO Inc (NIO.US)$ next year NiO will again spend a lot of m...
$NIO Inc (NIO.US)$ next year NiO will again spend a lot of money in Firefly marketing and making new swap infrastructure for firefly. Basically this company doesn't have any plan to earn money. They only know how to burn investors' money who trusted them.
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102205868 (Tay) : Totally agreed, there must be market manipulation.
103027647 : firefly can sell 100k a month just see how they can ramp up .2026 will be able to sell one million EV. a year .firefly will be in big demand as swappable battery and low cost but will initial huge cost to build the swap station for firefly.with battery inspection regulations coming buyer will see the advantages of swap battery not worry about degration
708136 : For every new car model launched, the battery pack cannot be reused, and continuous investment is required to build and update charging stations, unlike gas stations which are mostly either petroleum or diesel.
Dragon Fish : You are back with negativity again. Burning cash is correct but building capacity is also correct. Important is Nio need to control the unnecessary expenses only. This one Nio is lacking and need improvement. RnD and Opex this two added up cost Nio more than Usd1 bil per Qtr is extremely high. Not including Capex yet. Need to look into this.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
103027647 : this company need to sell million to profit .now highest ev spending but low sale number so difficult to profit .CEO need spend money factory not on sale admin fee and rnd .one quarter spending on rnd and sale cost can build two factory .ceo want act like tesla number 1 instead of focus on real production.thus will face a lot of cancellations if buyer cant the govt subsidy