[Rewards] NIO Q4 sales were up, while gross margin contracted and losses widening
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● NIO Q4 total revenues were $2,329.0  million, representing an increase of 62.2% YoY (year-over-year).
● The vehicle deliveries were 40,052 in Q4, up 60% YoY. The total deliveries were 122,486 in 2022, representing an increase of 34.0% from 2021.
● Excluding share-based ...

Mr musk painted a vision about autonomous driving in 2016. And it remained as such 7 years later.
There's an English saying - Fool me once, shame on you. Fool me twice, shame on me.
Is the market really going to be taken in by another bullshit talk from mr musk ? It might be possible. Until then its on par as his autonomous driving bullshit of a dream.
LOL ! What a joke !

Recently, major institutions filed 13F reports with the U.S. Securities and Exchange Commission (SEC), disclosing their holdings and the size of their positions in U.S. stocks during the fourth quarter.
It is worth noting that large Wall Street private equity funds are buying Chinese stocks on a large scale, and the allocation strategy for Chinese stocks has gradually shifted from [underweight] to [Neutral]!
Michae...

Electric vehicle startup Rivian Automotive reported mixed fourth-quarter earnings and a lackluster production outlook after the bell Tuesday.
Shares of Rivian were down by roughly 8% during extended trading. The stock closed Tuesday at $19.30 a share, up 4.6% for the session.
Here’s how Rivian performed in the period, compared with analysts’ estimates as compiled by Refinitiv:
Adjusted loss per share: $1.73 vs....

They should set up shop in SE Asia instead of India. Its too complex an environment with the cast system as a background hinderance. Staff movement will be a challenge. Ask our local MNCs who have attempted setting up in India and learn from them instead..

Contractually when a new scheme / option is borned, logically speaking it will take effect from that point onwards right. How to backtrack until day of car issue and re-do the sum calculation. Thats being unreasonable. Consumers are too creative to be desired.