Far too many continue to put so much weight into earnings. It’s about looking beyond the past and even future few quarters. If you’re truly invested, you are looking at what will be the outlook in 2-5 years.$NIO-SW(09866)$

But if one must dwell upon earnings, look at production numbers. It’s nearly identical to last Q combined for Jan-Mar. Therefore, it’s highly likely earnings will closely match last Q. Perhaps a small surprise bump as BaaS subscriptions continue to slowly swell. But NIO is investing HEAVY for the future.

IMHO this brilliant CEO is playing the earnings perfectly so he can have lock down behind him and have something positive to say about future guidance. Current Q is not looking to be strong, but perhaps with ET7 building up NIO might have a pleasant surprise for June to save the Q to more closely match what we will see for previous Q. Time will tell. But a true investor within a growth stock isn’t as concerned with the now as much as what guidance for the tomorrow is looking like. To hold country shut downs against company goals as a means of measuring growth is naive.