NIO's (NYSE: NIO) negative gross margin and patchy quarterly car deliveries

The "Chinese Tesla"

NIO, the electric car maker based in China and widely known as the "Chinese Tesla" was founded in 2014 by serial entrepreneur Wei LI. The company went public on NYSE on Sep 14th, 2018 at $9.90 a share. As of Feb 14th, 2020, it was trading at $3.77 a share.

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