$NIO Inc (NIO.US)$ In 2022, the NiO CEO said that NiO expected to break even by the 4th quarter of 2023. Two years later and after burning  billions of dollars, the CEO doesn't  have the guts to even speak about profit. Why would long-term  investors  invest  with such a lier. The only people who still invested are the ones who believed NiO at that time and now stuck. Ballie  Gillford was one of the biggest  believers, but last quarter, he has also diluted most of his position  with huge loss.