LawrenceSG
2021-08-13
Nio dip...Because they say
Why Nio Stock Dropped Thursday
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But investors initially drove the company's American depositary shares down more than 5% before the decline eased. The price of Nio shares cclosed at $42.47 on Thursday, down 3.41%.</p>\n<h3><b>So what</b></h3>\n<p>Nio reported a loss of $0.07 per share on revenue of $1.31 billion. That represents revenue growth of 127% compared to the prior-year period. Investors might have been hoping for more, but the net loss beat estimates and was a vast improvement from the $0.16 per share loss it reported in the second quarter of 2020. And CEO William Bin Li told investors the company will introduce more than just the previously announced ET7 luxury sedan next year.</p>\n<h3><img src=\"https://static.tigerbbs.com/a88c2ca68911fe90a144df9d965f8a91\" tg-width=\"700\" tg-height=\"435\" referrerpolicy=\"no-referrer\"><b>Now what</b></h3>\n<p>Nio plans to have its first electric sedan available for Chinese consumers in early 2022, and will introduce it in Norway later in the year. The company recently exported its initial shipment of its flagship ES8 SUV to Norway, its first market outside China.</p>\n<p>CEO Li also told investors there will be two additional products introduced in 2022, saying \"As the EV adoption begins to reach a tipping point worldwide, we believe it is imperative to speed up the launch of new products.\"</p>\n<p>Investors might have hoped for more, but the company's revenue growth closely followed its growth in production. Second-quarter vehicle deliveries were 112% above 2020's second quarter. With plans in place to ramp up production, and new products on the horizon, Nio seems to be closer to breaking into profitability. That might be why any disappointment with the second-quarter results was muted today.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nio Stock Dropped Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nio Stock Dropped Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 09:56 GMT+8 <a href=https://www.fool.com/investing/2021/08/12/why-nio-stock-dropped-thursday/><strong>The Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nCEO William Bin Li made a surprising announcement about next year.\n\nWhat happened\nFast-growing Chinese electric vehicle (EV) maker NIO Inc. reported earnings last night, andits results ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/12/why-nio-stock-dropped-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/08/12/why-nio-stock-dropped-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152905897","content_text":"Key Points\n\nCEO William Bin Li made a surprising announcement about next year.\n\nWhat happened\nFast-growing Chinese electric vehicle (EV) maker NIO Inc. reported earnings last night, andits results beat consensus estimates. But investors initially drove the company's American depositary shares down more than 5% before the decline eased. The price of Nio shares cclosed at $42.47 on Thursday, down 3.41%.\nSo what\nNio reported a loss of $0.07 per share on revenue of $1.31 billion. That represents revenue growth of 127% compared to the prior-year period. Investors might have been hoping for more, but the net loss beat estimates and was a vast improvement from the $0.16 per share loss it reported in the second quarter of 2020. And CEO William Bin Li told investors the company will introduce more than just the previously announced ET7 luxury sedan next year.\nNow what\nNio plans to have its first electric sedan available for Chinese consumers in early 2022, and will introduce it in Norway later in the year. The company recently exported its initial shipment of its flagship ES8 SUV to Norway, its first market outside China.\nCEO Li also told investors there will be two additional products introduced in 2022, saying \"As the EV adoption begins to reach a tipping point worldwide, we believe it is imperative to speed up the launch of new products.\"\nInvestors might have hoped for more, but the company's revenue growth closely followed its growth in production. Second-quarter vehicle deliveries were 112% above 2020's second quarter. With plans in place to ramp up production, and new products on the horizon, Nio seems to be closer to breaking into profitability. That might be why any disappointment with the second-quarter results was muted today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":23,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/894630745"}
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