My views of NIOs earnings report, should it be avoided?
@ToughCoyote:
$NIO Inc.(NIO)$ announced Revenue in the fourth quarter was 16.0635 billion yuan, market expectations were 17.265 billion yuan, a year-on-year increase of 62.2% and a quarter-on-quarter increase of 23.5%. The net loss in the fourth quarter was 5.7861 billion yuan, and the market expected a net loss of 3.669 billion yuan, a year-on-year increase of 169.9%. It seems that the future trend of the car is difficult to come back to life. It may be seen from the stock price of NIO that the future trend will be difficult to return to the historical high price of 66.99 US dollars. In addition, the rivals of Li Auto.US and $XPeng Inc.(XPEV)$ Xiaopeng Moto