$NIO Inc.(NIO)$ The best thing nio has been doing is under promising and over delivering. It’s throwing the shorts for a loop and helping beat “set goals” and that’s the new trend with nio. That’s why they fired the last cfo. They promised that the sub brand would put them over the 20k a month mark and they did so prior to onvo being launched. They did 20k consistently prior. Now with the sub brand, they have promised low start numbers and we didn’t expect fire fly until next year. Now it’s being introduced the end of this year.
Final mention for me, they promised less then 65k deliveries for the next quarter, but if you factor in onvo, they will exceed that. Their EPS was tied into a lower delivery target and well the writing is now on the wall on how well this has been going. Feel free to add anything else.
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