$NIO Inc.(NIO)$ $Tesla Motors(TSLA)$ anticipates a 15% drop in deliveries. The company has previewed delivery numbers, forecasting a 15% decline due to the expiration of federal EV tax credits and rising competition. Despite the expected drop, analysts remain optimistic about the prospects, citing advancements in autonomous driving and robotaxi initiatives. Investors are closely watching the earnings release for updates on demand trends and guidance.
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.
