With current 13 percent gross margins $NIO Inc (NIO.US)$ nee...
With current 13 percent gross margins $NIO Inc(NIO.US$ needs to sell 26,607 vehicles per month to break even. If gross margins go to 20 percent, which I believe is possible with higher production then NIO needs to sell 20,784 vehicles per month. Assuming a $65k average sales price.
$NIO Inc(NIO.US$ $NIO Inc. USD OV(NIO.SG$ $NIO-SW(09866.HK$ $Tesla(TSLA.US$ $Ford Motor(F.US$
$NIO Inc(NIO.US$ $NIO Inc. USD OV(NIO.SG$ $NIO-SW(09866.HK$ $Tesla(TSLA.US$ $Ford Motor(F.US$
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Casual Trader : It ddoesn't matter. It's just the algo doing their china lockdown play. When covid cases increase and parts of China start locking down they start to short.