Samlunch
09-05
$NIO Inc.(NIO)$  


$NIO

-Sales up 87% since previous quarter

- Margins up to 12.2% from 9.2% since previous quarter

- 246% increase in Gross Profit form previous quarter

- Gross Margin up to 9.7% from 4.9%

- Net Loss has decreased by -16%

- Cash = $5.7 Billion.

Very strong quarter


NIO Jumps 15% Post-Earnings! Will the EV Giant Break $5?
NIO's revenue for Q2 2024 reached 17.45 billion RMB, compared to 8.77 billion RMB in the same period last year. After NIO released its financial report, the stock rose by 15% yesterday. ------------ Will NIO finally rebound? Is it a breakout possible? Would you add at $5? Are you still holding NIO?
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Comments

  • Happiness.
    09-05
    Happiness.
    Amazing 👍👍👍🩵🩵🩵
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