Here's Why Nio Is Suspending Production And Asking For 'Understanding From Customers'

Benzinga2022-04-10

China is grappling with a renewed surge of COVID-19 and the impact is reverberating across the corporate landscape. Local EV startup Nio, Inc. has joined EV leader Tesla, Inc. in suspending production...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • mohjoejoejoe
    2022-04-11
    mohjoejoejoe
    Ok
  • FGP
    2022-04-11
    FGP
    NiO 加電(油) 🚀 
  • Juanlee
    2022-04-11
    Juanlee
    An advantage of having factories at different parts of the globe is to be able to keep up production even if one of the regions has difficulty. 
  • Cedric77
    2022-04-11
    Cedric77
    There are alway a down period for stock. Question is how long? For investors, when market dipped. They are afraid it will dip further so good for investors that bought low to cash out. Their strategies are 'Stay out and Wait'! They will take on a Wait and See strategy. Their emotion are at peace. For investor that bought low and Wait out for the storm to calm down will have to manage their Cash Flow and Emotion. Stakefast Long term Investors that remain invested as long as the principle of the business remains profitable will definitely be a winner in the end. Well, isn't a good time to buy now as almost all the good stocks are at great discount? Afraid to buy as you are scared that the market will dip furthermore? And you adopt a "Wait and See' attitude?? When stocks start movin
  • BGTAN
    2022-04-11
    BGTAN
    Ok
  • Cvt
    2022-04-11
    Cvt
    [Facepalm] 
Leave a comment
40