$NIO Inc (NIO.US)$20% to 26%... cover also lose, don't cover lose even more. Nio has been doing well these 2 quarters. don't be misguided. 2026, breakeven expect $20 upwards
Fund inflow in great numbers. Shorties must be short covering now?
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Report
bullbearnme
:
NIO Q3 summarize $NIO Inc (NIO.US)$ Based on the provided financial data for NIO Inc. in Q3 2024: Improvements in Financial Health: 1) Gross Profit and Margin: Gross profit increased significantly by 31.8% YoY and 18.9% QoQ, reaching RMB2,007.4 million. Gross margin improved to 10.7%, up from 8.0% YoY and 9.7% QoQ. 2) Vehicle Margin: Vehicle margin increased to 13.1%, up from 11.0% YoY and 12.2% QoQ, driven by reduced material costs. 3) Delivery Growth: Deliveries reached 61,855 units, an 11.6% YoY and 7.8% QoQ growth. 4) Cash Position: The company maintains a solid cash and cash equivalents balance of RMB42.2 billion (US$6.0 billion), supporting its operations and future growth plans.
bullbearnme : today is possible, look at the money coming in