TWP PaPa : we all don't know, it might be cars produced that may be sent to MENA first?

103484522 : they need to wait for supplier to ramp up product  to give them the part .900v is a new components .they need to order in advance .so slow ramp up of onvo .nio also slow in paying supplier money ,that why priority given to other customer like tesla that can pay cash faster .nio is losing a lot of cash thru huge losses evey quarter so need reserve  cash to pay rnd ,sale and admin etc .supplier last priority  delay 12 month payment  mgmt bad that why execution  also poor .

74216494 103484522 : Yes. As a supplier, I would also only send parts to NIO, in case these parts are surplus. Because NIO pays after 300 days. Same policy should apply to top management .. Although, dunno, whether they deserve payment alltogether.

TWP PaPa : yes good analysis, Who paid $ first I serve that company. Nio needs to rethink its strategies.

WayneTheBoon : Too late

Dragon Fish WayneTheBoon : Ya. Too late after XPeng sold more than 30k in Nov. The Nio sales team is really too weak. Stagnant sales for 7 months. Last month how to catch up with the number?

WayneTheBoon Dragon Fish : Ya even if they sell now will only deliver next year. They will miss this year’s guidance

103484522 : they are doing  some promotion and dsicount  in December  to prop up their figures .need to show to their abu master sale got up else cannot get more money .nio seriously need cash infusion  after heavy losses this year. ceo in uae to curry favor his master

WayneTheBoon : Expect at least a 10% drop tomorrow