NIO Inc. (NYSE:NIO) Faces Financial Challenges Ami…
From Barchart: 2025-06-03 13:00:00
NIO, a key player in the EV market, reported an EPS of -$0.45, missing the estimated -$0.22, signaling a wider net loss due to rising expenses and competition. Revenue was $1.66 billion, under the expected $1.72 billion, showing financial strain in the competitive market. Despite this, vehicle deliveries rose by 40.1% year-over-year.
Read more at Barchart:: NIO Inc. (NYSE:NIO) Faces Financial Challenges Ami…