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$NIO Inc (NIO.US)$ This is a statement in 2023 where CEO was...
$NIO Inc (NIO.US)$ This is a statement in 2023 where CEO was telling that they will deliver 30k cars per month in 4q 2023. The turth is that even at the end of 2024. NiO doesn't have the capacity to build 30k cars per month. Thats how the management is lying to investor https://www.tipranks.com/news/the-fly/nio-ceo-says-confident-in-delivery-volume-guidance-provided
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WayneTheBoon : He’s just full of BS Chinese scammer
103484522 : now nio open a separate sale and admin team for onvo .they are stealing clients from nio .would be et5 or es6 buyers got sway to buy onvo instead .thus sale admin cost up but nio sale value drop Due nio premium brand to replace by sub brand
74216494 103484522 : More reasons to SHORT NIO: Higher costs because of second sales channel (in the past, I argued against it several times), lower margins (increasing losses) because of dropping NIO sales, ONVO not pofitable with les than 20k deliveries, at least. Which is still to be seen. Happy SHORTing ! "The Leading ZERO" of NIO is with the shorts.