Tesla’s Chinese Rival Nio Warns Of Disappointing Q1 Results: Deliveries, Revenue Set To Miss Estimates – NIO (NYSE:NIO)
On Friday, Tesla Inc’s Chinese rival Nio Inc. NIO informed investors to expect underwhelming first-quarter results. What Happened: The Chinese electric vehicle manufacturer anticipates delivering up to 43,000 vehicles by March 31, with projected revenue of approximately 12.9 billion yuan ($1.8 billion), […]