$NIO Inc.(NIO)$ Sept deliveries +44% YoY, -19.1% MoM. Impact of 30k yuan price cut in mid-June seen in sales but how it impacts overall profitability remains the big concern.
”Some argue that Nio is treading a financial tightrope to chase its long-term vision. But the company’s CEO, William Li, remains resolute about its future prospects.”
Chinese multinational automobile company Nio has invested over RMB 3 billion in R&D for consecutive quarters, accounting for over 20% of its revenue. The result? Substantial losses in excess of RMB 6 billion, setting a gloomy tone for Nio’s R&D efforts.
$NIO Inc.(NIO)$ ’s heavy outlay on R&D in recent quarters forms part of a broader move by the company to pursue longer term growth strategies, though it isn’t exactly well understood in the industry.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
蔚来不再像以前那样免费交换电池，现在每笔汽车销售的利润率都从第二季度的6.2%上升到第三季度的10%...对于强手来说，一切都会好的，我拿着我的6166股票，双手坐着看着
Nio’s previous announcements on good catalysts have always been wrong timing. Somehow , some negative news or other factors gets into the front and affects the whole market and drowns Nio’s positive news and instead dip the stock price instead of a good pop . That I notice over the years..
我非常怀疑蔚来手机，显然它在中国取得了巨大的成功，我认为我们应该更信任蔚来的管理层。
Nio is up over 2% to 9.24 right now on Robinhood. Looks like a nice start to the week is upon us.
Omg, it’s happening, the numbers are amazing, congrats longs!!!