From Nasdaq: 2025-06-09 10:25:00

Last week, NIO Inc. reported a wider-than-expected loss in Q1 2025, with revenues of $1.66 billion missing estimates but rising 20.85% year-over-year. NIO delivered 42,094 vehicles in Q1, projecting 72,000-75,000 deliveries for Q2. ChargePoint reported a quarterly loss of 6 cents per share, with revenues of $97.64 million. Lucid signed a U.S.-sourced graphite deal to strengthen its EV battery supply chain. Tesla’s China sales continued to decline due to price wars.

NIO’s Q1 2025 loss per share was 45 cents, wider than estimates, but revenues rose due to higher delivery volumes. ChargePoint’s quarterly loss was 6 cents per share with revenues of $97.64 million. Lucid signed a graphite deal for EV batteries. Tesla’s China sales dropped for the eighth consecutive month. Tesla allowed smart-assisted driving features in China to boost demand.

Lucid’s graphite deal aligns with its sustainability strategy. Tesla’s price wars in China impacted sales. ChargePoint forecasts revenues of $90-$100 million for Q2. Lucid aims to reduce its carbon footprint with U.S.-sourced materials. Tesla faces competition in China’s EV market.

Stay updated on upcoming EV models and industry developments. Zacks highlights a top semiconductor stock with strong growth potential amid rising demand for AI, ML, and IoT. Semiconductor manufacturing is expected to grow significantly by 2028. Download Zacks’ 7 Best Stocks for the Next 30 Days for free. Access free stock analysis reports for Tesla, NIO, ChargePoint, and Lucid.



Read more at Nasdaq: EV Roundup: TSLA China Sales Keep Falling, NIO Q1 Loss Widens & More