NIO is Bleeding
With most of China on lock down due to the corona virus there is no way that NIO could be profitable at this point in time. 
TSLA reported strong earnings and people are looking to buy 
NIO due TSLA being strong for EV as a whole.
However, NIO is unable to transport vehicle due to road blockages, employees are stuck at home, they have a $100 million bond payment due Monday and payroll due 2/7.
With no positive cash flow this company can not retain their revenue.
TSLA reported strong earnings and people are looking to buy NIO due TSLA being strong for EV as a whole. However, NIO is unable to transport vehicle due to road blockages, employees are stuck at home, they have a $100 million bond payment due Monday and payroll due 2/7.
With no positive cash flow this company can not retain their revenue.
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