Tag: ET7 sedan

  • Nio Sales Came in Better than Expected

    Nio Sales Came in Better than Expected

    Nio (NIO) is up slight afterhours on earnings. For its fourth quarter, the company posted a 16-cent loss on sales of $1.6 billion. The Street was looking for that 16-cent loss on sales closer to $1.5 billion.  Gross margins were 17.2%, as compared to estimates for 17.6%. “We concluded the year of 2021 on a…