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$NIO Inc (NIO.US)$  could be profitable today with only deli...

$NIO Inc(NIO.US)$  could be profitable today with only delivering 10k vehicles per month. But they are spending 3 billion RMB on R&D per quarter. Now this market would love NIO if it was even slightly profitable like $Li Auto(LI.US)$ auto is. Where would they be in 2025 if they don’t spend on R&D?
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