16,074 Vehicles in October 202

marketpre

03-04

16,074 Vehicles in October 2023,

15,959 Vehicles in November 2023.

18,012 Vehicles in December 2023.

$NIO Inc.(NIO)$ makes great progress on sales despite something unsatisfied results of earning reports.

The positive sales may offset the negative results in the near future.[Happy][Happy][Happy]

Therefore, NIO will EASILY return 1000% Profit in 2024. If NIO was $66 on 2020. Its easily worth $60 plus by Nov.

The ticker paint is falling off, NIO is the leading EV technology, trading at 1X sales, at 5 X sales its $17.80.

How Will NIO Move After Earnings?

NIO released its mixed quarterly report. Revenue reached 17.1 billion RMB, a year-on-year increase of 6.5%, surpassing analysts' expectations of 16.8 billion RMB. However, in terms of profitability, the gross profit margin for the fourth quarter was 7.5%, far below analysts' expectations of 10.2%. ------------ How will Nio move after earnings? What's your target price?

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