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NIO 2nd-qr. Earnings Explanation, Will the King of R&D Win Tomorrow? - Chinapev.com
After NIO released its second-quarter earnings report, Bloomberg reported that the total loss of NIO since its inception in 2014 was approximately US$5.7 billion (approximately RMB 40 billion), exceeding Tesla’s accumulated losses for the past 15 years. Public opinion. In the subsequent earnings conference call, Li Bin, chairman and CEO of NIO, clarified that according …