NIO proving again that good ER = bad stock move; bad ER = good stock move.
But seriously, a lot of this recovery from awful premarket is thanks to the meat of the analyst briefing.
☑️Doubling sales in 2025 ‼️
☑️Target for profitability in full year 2026 ‼️
☑️Firefly launch and deliveries in 1H25
☑️Onvo & Firefly to spearhead overseas push
☑️Switch to new gen platform in 2025
☑️Onvo to launch 2 SUVs in 2025
☑️MENA store to launch end-Nov
☑️FCF turned positive in Q324 ‼️
☑️Target for profitability in full year 2026 ‼️
☑️Firefly launch and deliveries in 1H25
☑️Onvo & Firefly to spearhead overseas push
☑️Switch to new gen platform in 2025
☑️Onvo to launch 2 SUVs in 2025
☑️MENA store to launch end-Nov
☑️FCF turned positive in Q324 ‼️
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Stock Cypher : i dont trust their target anymore...
74216494 : good ER: Actually, just promises to be good. Didn't we hear promises about 240,000 deliveries for 2023 ? Not even to be met this year. Or promises about the huge demand for ET5 ? Or the promise of profitability end of this year ? NIOs top management, especially "The Leading ZERO", does not deserve any credibility any more. Lets see about production/registrations of ONVO. Not very likely to have 5000 in this month ...
WayneTheBoon : All his previous forecasts were bullshit