$NIO Inc (NIO.US)$ Now NiO asking others to hide the weekly ...
$NIO Inc (NIO.US)$ Now NiO asking others to hide the weekly sales information. FYI, NiO was the first one who started a trend to show monthly sales numbers, which forced other companies to follow the suite https://cnevpost.com/2024/07/30/nio-exec-asks-li-auto-to-stop-sharing-weekly-sales-figures/
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VIVEK SURANA OP : The statement from NiO executive clearly shows they are frustrated with competition. I guess one of the major reasons is that NiO desperately wants to raise more money for building new manufacturing units. But the stock price is so low that they can not do further equity dilution.
74216494 VIVEK SURANA OP : "The Leading ZERO" of NIO could buy a bunch of shares privately, showing confidence in NIOs future. And starting to chase the SHORTs. But it looks like, he does not trust his own competence ...
BTW, for what new manufacturing units ? A smart decision would have been, to plan 3rd factory in EU. To bypass import tariffs. Other Chinese cos do or will do that. But "The Leading ZERO" is smarter, of course .... Does begin to recognize, his try to challenge Mercedes or BMW on its own turf to be a terrible failure ?
102332870 : very simple to get Li Auto stop reporting the weekly figures. Just topple them from the top. It happened for a period when they were been toppled by Aito.