NIO High EV Delivery Target Expectations

Are Chinese EVs performing well today? Nio Inc. (NIO) is set to report earnings soon. Nio still remains far from its 250K delivery target for 2023. The second quarter earnings estimates are -$0.36 in adjusted EPS and $1.3B in revenue. Kevin Green weighs in on the slipping EV market demand in China and price wars among automakers. Will there be volatility after the NIO earnings report? How does NIO compare to Tesla (TSLA) and XPeng (XPEV)?

Morning Trade Live

28 Aug 2023

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