$NIO Inc (NIO.US)$ Nio profitability is still no where to be seen. If the luxury segment is making a loss with each car they are selling, the lower end will just make a bigger loss with more sales. All existing partners has yet to build vehicles that are batt swappable. With the current numbers of vehicle delivery, and a vague outlook of partners embracing swap tech on their vehicles, nio is just another EV maker.
I am not saying it does not have p...