7 Things Every Nio Investor Must Know
Nio (NYSE: NIO) reported its fourth-quarter and full-year earnings on March 22, and it said it expects to deliver only about 25,000-26,000 vehicles in the first quarter. That shouldn't come as a surprise given the supply challenges facing Nio, but here's the thing: If you didn't get a chance to look beyond that headline delivery number, you're missing something big.
Nio's Q4 earnings conference call, in fact, revealed so much about the company's moves and plans that they should form a key part of your investing thesis in the Chinese electric vehicle (EV) stock. Here are seven such things about Nio you must know.
Raw material costs for electric vehicles (EVs) have risen so much in recent weeks that industry leader Tesla (NASDAQ: TSLA) was forced to increase prices of its vehicles twice within a span of few days.
Source Fool.com
