Earnings Preview| Can ET5 Save Nio?
@Value_investing:
On Thursday before the bell, $NIO Inc.(NIO)$ will release its third quarter report.Prior to this earnings release, Nio's shares are down 67% for the year, higher than $Li Auto(LI)$ 's 42% and slightly lower than $XPeng Inc.(XPEV)$ , whose sales collapsed.According to the monthly sales data, total sales for the third quarter were 31,607 units, up 29.3% from the same period last year.Nio's October sales were 10,059 units, a 174% jump from a year ago and a 7.5% decline from the last month. Nio's delivery data are not good considering the sales anomaly in October 2021.1. Analysts' E