$NIO Inc (NIO.US)$ Very disappointing delivery number. The...
$NIO Inc (NIO.US)$ Very disappointing delivery number. The total delivery numbers have been stagnant for almost 6 months, so no growth. The more share of ONVO in delivery number means ASP and revenue is decreased for OCT. So much talk about double shifts for more than 2 months, but the delivery numbers are still the same. Extra incentives for November show that new order inflow may not be great.
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Joejj : The number does not include Onvo. But I kinda hate it that the Nio manage kept quiet on the Onvo deliveries. Usually silence would be omeneous for investor. The management really need to buck up and wake up.
VIVEK SURANA OP : it does include ONVO. ONVO (4319)+ NiO (16657) is =20 k
topcing : nio numbers better that tesla
103484522 : next month mayb 10k nio plus 10k onvo.onvo cannibalise nio sales as more cheaper with swap .that why nio share keep dropping due to poor management and execution. combine with a dilution ceo ,and stupid rnd and euorpean expansion. huge looses and cash burn very quarter .