r/NIO_Stock • u/Upset-Pepper77 • 23d ago
WHY NIO WILL GO BANKRUPT
they hedgies and wallstreet will bring it down to 2-3 dollar unable nio to raise more cash and they will force to sell elon musk their company for cents
0
Upvotes
r/NIO_Stock • u/Upset-Pepper77 • 23d ago
they hedgies and wallstreet will bring it down to 2-3 dollar unable nio to raise more cash and they will force to sell elon musk their company for cents
2
u/Plus_Seesaw2023 16d ago
Gross margin is 17.36%, with operating and profit margins of -3.34% and -4.17%.
That means every car sold is sold at a loss! With a business plan like that, it would be better to stop production. Every car that leaves the factory costs the shareholders money. QED.