When Padmarese Warrior left for that startup Fable, that should have been red flag.
Please call wolf Pulitzer @ situation room for more fake news
So nio is actually doing very well? š¤
No. It's the opposite of doing well. They're hiding in a well.
I think itās a good stock to buy at $1.3-1.4. If I know correctly Chinese govt is invested to some extend. Even if NIO does remotely well, return will be pretty good.
China lowered their electric car subsidy recently, thatās why all three companies got fucked. Seems unlikely they are coming back soon
NIO is just turd. Looking at bankruptcy or something worse along the same lines in the next few months. Btw NIO never had the struggles of a startup - just rampant money laundering by top Chinese and a bunch of US executives. We are in deep shit that has nothing to do with Trump, trade war, startup struggles, or Chinese economy and automotive sector slowdown. A shit product just being shoved down that costs us 2.5 to 3 times to make compared to the revenue from selling 1 unit of that junk SUV. We make a 3rd class SUV that costs the same as a Model X with 1/10th of product quality being delivered to our end user. We suck at engineering, software, supply chain, logistics, marketing, financials and almost every single thing that is needed for a healthy business.
Are you staying or people jumping ship? Hope you guys don't get shafted like FF employees did.
Lolzzzz shafted!!! We are beyond shafted. It is a 3rd class stereotypical āMade in Chinaā Titanik (Titanicās name ripped off) sinking in a swimming pool of depth 1.5 meter. It is like your typical Niki (Nike ripped off as usual) sports shoes š that tear into several cheap ass fabric fragments after walking in them for 10 meters.
Someone is bitter from being laid off. Almost everything said was false. Not anywhere near model x prices, quality is very good (check latest JD power award), margins are -10 to -6% currently (not good, but there is a plan to improve). In China, NIO is recognized as an EV leader. The US office is messed up, so I agree with that. Sounds like more funding coming per latest conference call.
Good to hear that so its not as bad as how all Press are saying.
Looks like NIO executives are paid to post on Blind. NIO is the kind of shell corporation that takes IPO money, transfers it to China, fires its CXOs - although to be fair Warrior had it coming - dismantles its operations around the world and finally shifts to a different business model. NIO USA is also the kind of company where careers go to die.
Tech Industry
Yesterday
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Do Indians mainly just try to hire other Indians in tech?
Tech Industry
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Worried that our top performer is an attrition risk. How do managers handle this?
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253
Heard congress distributing wealth
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Avoid teams with only Chinese or Indians especially with a Chinese/Indian manager
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I havenāt done shit today!
Rip fake Chinese tesla š