@NIONenad
$NIO continues to light money on fire wasting on fancy Nio house, free food and drink, and working on pointless smartphone in which the CEO is not even using. When you are burning 1+B every few month that 8.7B won't go too far.
$NIO current market cap $8.7b. NIO cash on hand $8b. So the company has zero value beyond the cash it has in the bank? Itβs worth nothing? I got that right?
@pugxi
@NIONenad
And Q4 2023 Current Liabilities was $8 Billion. Something NIO bulls tend to conveniently ignore. Which is extremely misleading & unethical if intentionally done