ugo lézin
$NIO (Nio Inc.-ADR) sells more than XPeng, Li Auto, and Xiaomi, yet has a smaller market capitalization than them. It is also close to selling more than Tesla in China. What the market misses is this: NIO generates aftersales revenue monthly on 80% of its vehicles. Others don’t. They sell less, have lower margins, and don’t make money after the sale. Yet the market rewards poorer and less efficient companies. Everything is logical.
Not investment advice. The author may have financial interests in the mentioned instruments.
undefined logo
NIO
Nio Inc.-ADR
4.55
-0.0600 (-1.30%)
1 Mentioned
5 replies
1 reply
null
.