NVDA
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Palantir
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Advanced Micro Devices
-- 129.550 
Today is 1st Dec already. Onvo result is a test for the Onvo...
Today is 1st Dec already. Onvo result is a test for the Onvo President. The Dec result 10k is his bet. Lets see whether he walks the talk or just another betting gimmick only. ![]()
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102332870 : will hit his target as he puts his job at stake verbally. Nio will need to steady the deliveries as well!
VIVEK SURANA : Doesn't matter if ONVO delievr 10k and NiO also down to 10k. The overall revenues will still be down. November delivery already show that only 20 k delivery, The 5k onvo+ 15 k NiO. All the talk about double shift production is BS. The overall delivery is still similar to what it was 6 months ago. NiO is basically replacing the expensive NiO car with a cheap ONVO car
The profit margin and revenue both will decrease due to low ASP.
WayneTheBoon : It’s so obvious that the factory can only handle 20k vehicles, so no matter onvo 10k or nio, it’s still 20k vehicles combined
74216494 VIVEK SURANA : And overall profit will be down, too. Because L60 is loss-making, until March, at least. Assuming, really 20k L60 can be produced then AND sold without "incentives". BUT: How often did NIOs top management overpromise already, and underdelivered ? Happy SHORTing.
荧火虫 : 1 Dec Onvo 10k Nio 10 K total 20k