$NIO Inc (NIO.US)$ I still remember in last year 3rd quarter...
$NIO Inc (NIO.US)$ I still remember in last year 3rd quarter management was saying that we are confident that we will achieve 30k monthly delivery in Q4 2023. 7 months later, it's Q2 2024, and NiO deliveries are hardly reaching 10k mark , Most of the 2024 models are already launched, but deliveries are still stagnant. I dont see any reason how NiO delivery can improve in upcoming quarters. Its basically a dead stock.Weekly Sales Update for China Until April 14th: Tesla 6,212, Nio 2,529, Xpeng 1,500, and more - EV
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IhhK : Really? Go ahead and short or buy some puts! See you 5th May
102332870 : Xpeng same. Q4 monthly above 20k, now worse than Nio
102332870 : Xpeng same. Q4 monthly above 20k, now worse than Nio
70552586 : Management is not that competent
70130849 : CEOs are like normal human being they lied or in some cases if not they don't know about future like inflation gdp war so they can easily go wrong . that's where trade only few and for few days .
VIVEK SURANAOP 102332870: Xpeng doesn't even have a swap station . Also, Xpeng is fighting in a tough price range, which has direct competition with Tesla and BYD, so Xpeng will be dead in a few months anyway. NiO is currently playing in the price range where competition is low. Once the ONVO launches, then NiO will also be hammered by big boys.
103027647 : just wait for onvo and firefly all swappable .will be with byd for volume