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Stock impact report

NIO Inc.: It Is All About Production Capacity [Seeking Alpha]

NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) 
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
NIO Inc.: It Is All About Production CapacitySummaryThe company designs, manufactures, and markets electric vehicles to be sold in China.Tesla investor Baillie Gifford & Co. acquired an 11.4% stake in the company.Several banks initiated coverage on the stock. Morgan Stanley placed a target price of $8.50, while Goldman and Citi placed the target price of $6.56 and $7.20.With a large number of facilities and employees, NIO does not seem to be performing the way Tesla did in the past.With 6,231 employees, the revenues of NIO seem too low. In the first half of 2017, the company reported revenues of only $6.7 million. It seems that the company’s size is huge but the total output is tiny. Show less Read more
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