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NIO - NIO: Business Model Looks Unsustainable
April, 24 2024 07:42 AM
NIO Inc. American depositary shares each representing one Class A
2024-04-24 07:42:13 ET
Summary NIO's stock has lost over 50% of its value in the last three months, with deteriorating fundamentals and market share. NIO's Q4 earnings missed EPS estimates, and its revenue growth lags significantly behind the overall Chinese EV market. NIO continues to burn cash and is expected to raise new funds, leading to increasing leverage and share count.
Investment thesis For further details see:
NIO: Business Model Looks Unsustainable
Stock Information
Company Name:
NIO Inc. American depositary shares each representing one Class A
Stock Symbol:
NIO
Market:
NYSE
Website:
nio.com
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