Nio’s Deliveries Are Up 38.5% This Year. But It Just Hit a Speed Bump.
Nio (NYSE:NIO) has delivered plenty of growth this year. Unfortunately, as investors likely know all too well, past success does not guarantee future results. Image source: Author using ChatGPT for editing. Information source: Nio SEC filings. Not included in that graphic are October deliveries, which totaled 34,246 vehicles, down 15.2% from a year earlier, even as deliveries through the first 10 months remained up 38.5%. That's a pretty wide gap between the progress already made and the latest performance. Continue reading