$NIO Inc (NIO.US)$ NiO is classic case of mismanagement and ...
$NIO Inc(NIO.US$ NiO is classic case of mismanagement and how to not run buisness. Couple of years back when competition was low Li Auto and NiO was selling same number of vehicles. At that time Li Auto focussed on core buisness while NiO started Europe expansion, chip making , phone making, battery manufacturing, Nuclear fusion etc. After two years Li Auto is selling more than 1k vehicles everyday while NiO is struggling to survive.
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103027647 : li auto 35 while nio 5.4.worst CEO mgmt doing dilution annually
70130849 : nothing to do business , it's all about China, not a relible place only do it for every short term . it's happening with all the stocks like baba jd xpev nio dada all are like junk
Joejj : Agree. Last year 2 years ago Xpeng did the same and get a big lessen from the market. But Nio last year doesn't seems to learn or understand what is the CEO job. The Job is to sell CARS NOTHING ELSE. Battety I can understand, but mobile phone?
It seems to be a typical Chinese company trait. So greedy everything also want to do and become Jack of all trade.
股利股怪 : When u haven’t learn to walk, you go running around. In the end end up badly bruised
Revelation 6 70130849: It may be true that China is the worst place to do business, I don’t know, but the one thing we do know is that when the Chinese government needs money they go to their, “Piggy Banks”, to get the cash. These donations are given to the government for the,”Common Prosperity Plan”, and are offers that the companies can’t refuse if you know what I mean. Since most Chinese companies still give unaudited earnings reports we really don’t know how much these donations are. Even if they do give audited earnings reports they hide the numbers in the cost of doing business since there’s no way to verify the numbers anyway. So while you’re talking about how bad the CEO is or the management is, remember some of the decisions they are making are a matter of life and death. Their and their families lives could be in the balance. You would do the same thing if it was you.
70130849 : it's similar structure as russia .
想要肥猪肉 :
What if China isn't a reliable place?! At least it didn't come out as a zero dollar purchase! 
71439270 : Electric vehicle subsidies are gone, gasoline prices have dropped, and electric vehicles are preventing hybrid cars from being sold well. The average person doesn't have charging conditions at home, so it's still the most practical way to buy a hybrid car
102544121 : There are also subsidies. But you're right, hybrid cars are selling well in the current market. For example, good and ideal, but if you need gasoline, your car will pollute the environment more than pure electricity. You might also say Tesla sells better than Nio, but I don't think Tesla is better than Chinese cars because I see his advantage
102544121 : Did you really see what is the difference between these two cars? There are two different cars. One is EREV and other is pure EV. One still continue using oil but Nio never. It is quite obvious Li Auto won due to his EREV, the refrigerator ,bigger screen and etc. but isn’t getting low? Even Tesla does not follow the practice of making it EREV or bigger touchscreen or install the refrigerator. If Nio want to win against Tesla and BYD, do you really think they can continue of doing by selling just the electricity car?
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