IB Net Payout Yields Model

NIO: Looking To Take The Business To The Next Level


  • NIO's Q2'23 results were seen as mixed, with the company struggling to hit financial targets.
  • The company already announced record monthly vehicle deliveries for July, and investors should focus on guidance.
  • The stock is appealing back to the recent lows, with annualized revenues approaching $10 billion.
  • Out Fox The Street members get exclusive access to our real-world portfolios. See all of our investments here » 
NIO (NYSE:NIO) reported Q2'23 results generally seen as mixed, or even negative. The Chinese EV manufacturer continues to focus on massive expansion plans while constantly struggling to hit financials targets. My investment thesis remains more Bullish on the stock dipping briefly below $10 following the quarterly results.

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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