$NIO Inc.(NIO)$ That's the bottom line. It's all about the rapidly improving numbers. It won't matter what the naysayers say after Nio sustains and even further improves these amazing numbers. The next line of attack from the bears will probably be, "Yes, Nio is setting records for deliveries for May, June, and Q2, but it isn't yet profitable. I'll enjoy a nice laugh when the ER shows that not only have revenues more than doubled from Q2 of 2023, but the bottom line is improving rapidly as well, likely going from a quarterly deficit over $700 million in Q1 to about $500 million in Q2. At that rate of improvement, profitability could be reached sometime next year, especially with Onvo potentially helping Nio double its deliveries again over the next 12-18 months.
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