thanks Marcel I agree a change would be better with new ideas to streamline losses we need a change , the massive losses are keeping stock prices at penny stock levels , They got so many partners and great technology , but they losing too much money every earnings , Hopefully moving forward swap stations will be built from partners this would help alot building swap stations and keeping them stock cost alot of Money ,Also the gen4 will cost even more to build and stock , I keep track of swaps per day and they have been ramping up nicely it is a long term play.
The word is Gen four station costs less to build, said by Shen Fei. And it might not be a good idea if the partners pay for the build if NIO wants to bring NIO power to pubic. Heard NIO has such plan.
Thanks for great work I was at oslo nio house a few weeks ago there was no sense of urgency at nio house the people down stairs were laughing in some rooms some glued to laptops there was a very relaxed vibe like this was only a job the 1 salesman I spoke to seemed good but I did not see any other sales people only people in groups in offices??? Better sales training is needed from management they need to be more aggressive???
@@martina5328 I don't agree with cutting R&D radically. I would support cutting R&D in swaps and phones and even chips. Definitely slow down and sunset the swap stations and nio houses
The impact on the stock price (if any) will be temporary and not lasting. Yes there has been mistakes, as in any other company. As I commented in your previous videos the issue is “deeper” and might have very little to do with NIO’s performance or top executives. One thing that could potentially counter the concerted efforts by the US and the west to “stain” China and Chinese products (against their competitiveness and merits) is to be more “communicative”, frequently releasing updates, and basically strengthening their information warfare … there are so many paid media mercenaries hired to promote certain agenda and negative sentiments … Cheers!
Was half watching / listening whilst doing Sunday chores. Just one question... how would firing the CFO improve deliveries ? Other than providing guidance and counting the shekels and signing off on some big expenditures what does a CFO do ? What a CFO does is not my question , my question is will the replacement CFO be able to count the shekels better or did I miss the point....I might have gone upstairs to vacuum when that point was made.
I think that the CFO only does what the CEO wants from him and change is arabs pressure. if the pressure is so great on ceo, a lot can change. How long it will take Nio to be profitable? That alone could attract buyers to the stock, making it riskier to short. With Nio not expected to become profitable before 2027 and probably turning net cash-negative in 2025, the stock looks even riskier to own.
My thinking is one thing really hurting NIO in the US markets is that the US is really turning it's back on EV's...People just don't want them and why would you invest in a company that sells something YOU wouldn't even buy?...I own 19,000 shares but I'm not a crowd follower...:):):)...Just a thought???????
NIO losses have nothing to do with the CFO. People don't undertand that NIO is a young company. And as a startup EV company, they needed to spend huge amount of money in R & D. Of course a change of CFO is a good idea, to push NIO to the next level. To profitability, expansion, partnership, ...
@@Andrewgaming-jm8mn NIO started delivering cars in 2018 Tesla started delivering EV cars in 2012 ( 2008 the Roadster) . Tesla first profitable year was in 2021 Tesla has 3 major markets with no obstacles from overseas governments : US market, China market, EU market. NIO just has one major market : China. EU market is insignificant at the moment, plus the new EU tariffs for Chinese EV imports. US raised Chinese EV imports to 100%. How on earth do you win with those unfair restrictions. Plus Tesla in first quarter 2022 made over 600 million dollars just selling " credit emissions" to other automakers. Basically a "Subsidy". For the EV auto industry, NIO is new. LI auto is not pure EV. We'll see where Li Auto will be in 5 years. NIOis in another level. Just happens that Naked shorts are playing and manipulating with NIO.
Given stock performance and decisions made e.g. raising capital when the stock all time low - I'd fire away! I questioned management's decisions and ability to lead through everchanging EV landscape long ago. I just don't understand why it took so long for them even to start thinking about it. Given the bailout my concern is that China's government may have a say into how they run their shop from behind the curtain.
One of the biggest failings of Nio management is its passivity towards illegal short sellers which are doing real harm to Nio the company and its share price. They must at least send an open letter to regulators to investigate the illegal short sellers which cost nothing. They should also fire the CFO for its passivity and mistakes.
NIO will be profitable, the company is only a few years old. Any company take time to set things in place. For example Tesla ,Amazon,Netflix ,google, etc how many years it took for them to grow. Do you research 🧐. I’m not selling so you do you
The CFO puts me to sleep every time. What is the point of reciting what’s I the report that everyone can read. I hope the next CFO has a better grasp of English to excite conference call participants.😂
CFO reports to the board, and is appointed / fired by the governing committee. The CEO cannot fire a CFO in a public company. CEO can recommend to the board, but its not the the CEO's call. Your all sounding uneducated.
thanks Marcel I agree a change would be better with new ideas to streamline losses we need a change , the massive losses are keeping stock prices at penny stock levels , They got so many partners and great technology , but they losing too much money every earnings , Hopefully moving forward swap stations will be built from partners this would help alot building swap stations and keeping them stock cost alot of Money ,Also the gen4 will cost even more to build and stock , I keep track of swaps per day and they have been ramping up nicely it is a long term play.
The word is Gen four station costs less to build, said by Shen Fei. And it might not be a good idea if the partners pay for the build if NIO wants to bring NIO power to pubic. Heard NIO has such plan.
Thanks for great work I was at oslo nio house a few weeks ago there was no sense of urgency at nio house the people down stairs were laughing in some rooms some glued to laptops there was a very relaxed vibe like this was only a job the 1 salesman I spoke to seemed good but I did not see any other sales people only people in groups in offices??? Better sales training is needed from management they need to be more aggressive???
They need a better CEO, marketing and media head.
Yeah the whole Europe team is not nearly up to speed yet and sense of urgency is missing.
@@martina5328 I don't agree with cutting R&D radically. I would support cutting R&D in swaps and phones and even chips. Definitely slow down and sunset the swap stations and nio houses
Yes we need mor swap stations @@martina5328
The impact on the stock price (if any) will be temporary and not lasting. Yes there has been mistakes, as in any other company.
As I commented in your previous videos the issue is “deeper” and might have very little to do with NIO’s performance or top executives.
One thing that could potentially counter the concerted efforts by the US and the west to “stain” China and Chinese products (against their competitiveness and merits) is to be more “communicative”, frequently releasing updates, and basically strengthening their information warfare … there are so many paid media mercenaries hired to promote certain agenda and negative sentiments …
Cheers!
Keep em coming Marcel we need an adult in the room 😊
typically when a CFO leaves the stock price drops.
Context matters. In this case it would be received positively
What came out of the annual meeting?? Can't find information anywhere
Was half watching / listening whilst doing Sunday chores. Just one question... how would firing the CFO improve deliveries ? Other than providing guidance and counting the shekels and signing off on some big expenditures what does a CFO do ? What a CFO does is not my question , my question is will the replacement CFO be able to count the shekels better or did I miss the point....I might have gone upstairs to vacuum when that point was made.
Those 2 abu dabhi seats on the board are speaking up??
So changing CFO means there are more troubles behind the scenes.
Or a transition to profitability.
a new CFO would be helpful but I also believe that a new and strong COO is needed to have a path to profitablity
Wouldn't changing the CFO signal to investors and the market that there is even more trouble within the company than we know about?
Well bad or good news depending on who will be the new cfo
I think that the CFO only does what the CEO wants from him and change is arabs pressure. if the pressure is so great on ceo, a lot can change. How long it will take Nio to be profitable?
That alone could attract buyers to the stock, making it riskier to short. With Nio not expected to become profitable before 2027 and probably turning net cash-negative in 2025, the stock looks even riskier to own.
Cfo reports directly to the board. Not the ceo. The cfo is often partner to the ceo, but 99% independant.
Thanks Marcel 😊
Confirmed!!
I think they need a successful ONVO launch. They spent a lot of money on ONVO. They need to get something out of it.
Thanks Marcel. Board influence here. Good to see, push it good NIO , push it real good !!!!
ONVO will boost the market and I still believe NIO is the future the way that one day soon will be the king of EV in the world 🚀🚀🚀🔥🔥🔥
A cfo that speaks better English. Just crazy listening to the call and trying to understand
My thinking is one thing really hurting NIO in the US markets is that the US is really turning it's back on EV's...People just don't want them and why would you invest in a company that sells something YOU wouldn't even buy?...I own 19,000 shares but I'm not a crowd follower...:):):)...Just a thought???????
NIO losses have nothing to do with the CFO.
People don't undertand that NIO is a young company.
And as a startup EV company, they needed to spend huge amount of money in R & D.
Of course a change of CFO is a good idea, to push NIO to the next level. To profitability, expansion, partnership, ...
Nio is not new, it's a 10 year old company. Li auto was founded a year later than Nio and it's profitable.
@@Andrewgaming-jm8mn NIO started delivering cars in 2018
Tesla started delivering EV cars in 2012 ( 2008 the Roadster) .
Tesla first profitable year was in 2021
Tesla has 3 major markets with no obstacles from overseas governments : US market, China market, EU market.
NIO just has one major market : China. EU market is insignificant at the moment, plus the new EU tariffs for Chinese EV imports. US raised Chinese EV imports to 100%.
How on earth do you win with those unfair restrictions.
Plus Tesla in first quarter 2022 made over 600 million dollars just selling " credit emissions" to other automakers. Basically a "Subsidy".
For the EV auto industry, NIO is new.
LI auto is not pure EV. We'll see where Li Auto will be in 5 years.
NIOis in another level. Just happens that Naked shorts are playing and manipulating with NIO.
GO NIO !!! #NIO #NIOPower #NIOLife #ONVO #OnVoyage #FireFly #EVs #BaaS 🌟⭐✨
First! and thank you like always Marcel, good luck tonight 😅
Given stock performance and decisions made e.g. raising capital when the stock all time low - I'd fire away! I questioned management's decisions and ability to lead through everchanging EV landscape long ago. I just don't understand why it took so long for them even to start thinking about it. Given the bailout my concern is that China's government may have a say into how they run their shop from behind the curtain.
Marcel for CFO, CIO, CTO, or even CEO of NIO
ANy new developments with XNET? I thought for sure they would make a move on the AI momentum.
Have been waiting with baited breath for it to happen. Can't happen too soon for me.
Hello, I have a few hundred stocks of NIO. Should I sell or just hold?
Depending on your average, you should most likely buy more.
One of the biggest failings of Nio management is its passivity towards illegal short sellers which are doing real harm to Nio the company and its share price. They must at least send an open letter to regulators to investigate the illegal short sellers which cost nothing. They should also fire the CFO for its passivity and mistakes.
Good luck tonight 🇩🇪
not sure if a new CFO will help but it'll 100% not hurt
NIO will be profitable, the company is only a few years old. Any company take time to set things in place. For example Tesla ,Amazon,Netflix ,google, etc how many years it took for them to grow. Do you research 🧐. I’m not selling so you do you
Чем поможет смена финансового директора если он все равно выполняет указания Ли
The CFO puts me to sleep every time. What is the point of reciting what’s I the report that everyone can read. I hope the next CFO has a better grasp of English to excite conference call participants.😂
Nio also consider replace the role of Lihong Qin.
I wouldn’t mind
Fun fact. The moment I started the video I saw a ES8 in Nürnberg. Must mean something 😂
Omg u must own a tripod or 2, right? Holding the camera in your hand??!
CFO reports to the board, and is appointed / fired by the governing committee. The CEO cannot fire a CFO in a public company. CEO can recommend to the board, but its not the the CEO's call.
Your all sounding uneducated.
CFO just resigned today. Pretty good for an uneducated call, I guess ;) Btw. .. look into the special voting rights of Li Bin. He can do anything.
Need to change and improve. Right now Nio is the toilet. 👍🤪
The CFO needs to go. I suspect he is “working” with hedge fund.
He resigned today
I would fire everyone
Way to much waste and wrong directions horrible big time sooo sad