$NIO Inc.(NIO)$ Sometimes it feels like companies just need to tighten up and focus on what really matters. NIO definitely needs to dial in on profitability this year, especially if they want to keep investors happy. Cutting unnecessary spending and focusing on core operations could go a long way. Maybe even hitting pause on some R&D for a quarter or two isn’t a bad idea if it means keeping the company afloat and driving that bottom line. The market’s been tough, and right now, turning a profit should be the top priority. That said, if they pull it off, I can totally see NIO making a solid comeback. With the right moves, they could easily rocket back up 🚀🔥. Eyes on the prize!
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.