VIVEK SURANA :
Very good question. Investors should ask this question to NiO management in next earning call. As I mentioned earlier also, the whole business looks like a scam where China is using NiO as proxy to burn foreign investor's money to build infrastructure in their country. At last, NiO will go bankrupt and will be acquired, but the infrastructure will remain.
VIVEK SURANATeck Wang Pang PaPa:
You are wrong , Tesla doesn't have space X. Those are two different companies with separate balance sheets, separate goals , separate investors, and totally seperate buisness. its Just that Elon Musk is key stakeholder in both.
VIVEK SURANA十拿十稳OP:
No details are available about complete segmentation, but it was mentioned in earning call that the services and power buisness all contribute around 10% in revenue while cars selling generates 90% of revenue
bullrider_21VIVEK SURANA:
Nio is doing what Tesla is doing. Selling EVs and earning fees from its charging network. Why don't you say that Tesla is a scam?
VIVEK SURANA : Very good question. Investors should ask this question to NiO management in next earning call. As I mentioned earlier also, the whole business looks like a scam where China is using NiO as proxy to burn foreign investor's money to build infrastructure in their country. At last, NiO will go bankrupt and will be acquired, but the infrastructure will remain.
Mr Dumb Money : What’s wrong with that vertical move?
十拿十稳OP : then better avoid this stock. too dangerous when business strategy not clear. very soon it will be delisted.
Teck Wang Pang PaPa : Tesla has Neurolink health, space X and the tube..Tesla is a Tech company.. Nio is a company going green and sustainability.
Asam Laksa : Vertical integration
VIVEK SURANA Teck Wang Pang PaPa: You are wrong , Tesla doesn't have space X. Those are two different companies with separate balance sheets, separate goals , separate investors, and totally seperate buisness. its Just that Elon Musk is key stakeholder in both.
Teck Wang Pang PaPa : Nio Biz is supported by Nio capital investment.
十拿十稳OP : may I know what is the % of their revenue for each line of business?
VIVEK SURANA 十拿十稳OP: No details are available about complete segmentation, but it was mentioned in earning call that the services and power buisness all contribute around 10% in revenue while cars selling generates 90% of revenue
bullrider_21 VIVEK SURANA: Nio is doing what Tesla is doing. Selling EVs and earning fees from its charging network. Why don't you say that Tesla is a scam?
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