LCID & NIO - Contrasting Fortunes Despite Losses
$Lucid Group Inc(LCID)$ is worth $10B and “killing it” after delivering just 2,781 units in 3Q24 and losing $1B.😂
$NIO Inc.(NIO)$ $NIO-SW(09866)$ is worth $10B and “failing to deliver” after selling 61,855 units in 3Q24 and losing $1B.🙃
One is losing $360K per unit and “killing it!”
One is losing $16K per unit and has a “weak outlook.”
$LEAPMOTOR(09863)$ is just an absolute standout right now in China’s very competitive EV market.
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Come come
Great article, would you like to share it?
Great article, would you like to share it?