$NIO Inc (NIO.US)$ When the competition was low and demand w...
$NIO Inc(NIO.US$ When the competition was low and demand was high. The CEO didn't focus on efficienct manufacturing and capturing the market share. instead he focus on buisness expansion in Europe. Now the Europe buisness is in huge losses and China market share is reduced to less than 2%.
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mike loke : over committed to his investors. hope he learned this lesson and focus more on the local market from now on.
103027647 : use cash raised to expand to Europe fail then cash raise again that why share drop 95%.killing all retailers and make shortist millionaires.no pple will buy his toilet paper after so many failure worldwide .CEO just throw all investors money to his incinerator machine