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Why NIO Stock Is Down Today | The Motley Fool

Shares of Chinese electric-vehicle maker NIO (NYSE:NIO) were lower at midday on Tuesday amid a broader sell-off of automotive and related stocks on continued concerns about the effects of a global shortage of semiconductors. As of noon EDT today, NIO s American depositary shares were down about 6.1% from Monday s closing price. So what NIO was just one of many automakers that saw its U.S. listed shares trading lower on Tuesday, as investors digested the likely effects of a prolonged shortage of automotive semiconductors. Tight chip supplies have already forced a number of automakers, including NIO, to cut back production despite strong global demand for new vehicles. 

After a Good First Quarter, NIO Joins the Ranks of Automakers Hit By the Chip Shortage

Author Bio John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john rosevear Chinese electric-vehicle maker NIO (NYSE:NIO) on Thursday reported a first-quarter loss that was narrower than Wall Street had expected, with management saying that more buyers had chosen well-optioned models, which improved the company s profit margin.  However, the company warned that the ongoing global shortage of automotive semiconductors will probably limit its ability to increase production over the next several months. While NIO s net loss of $744.1 million was much wider than its loss a year ago, its revenue of $1.22 billion was both up 481% from its year-ago total and well above Wall Street s consensus estimate of $1.06 billion. On an adjusted basis, excluding one-time items and stock compensation expenses, NIO lost $0.04 per American dep

NIO Inc (NIO) Q1 2021 Earnings Call Transcript

NIO Inc. (NIO) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. NIO Inc. (NYSE: NIO) Eve Tang from Capital Markets and Investor Relations. Please go ahead, Eve. Unknown speaker Good morning, and good evening, everyone. Welcome to NIO s first-quarter 2021 earnings conference call. The company s financial and operating results were published in the press release earlier today and are posted at the company s IR website. On today s call, we have Mr. William Li, founder, chairman of the board, and the chief executive officer; Mr. Steven Feng, chief financial officer; Mr. Stanley Qu, VP of finance; and Ms. Jade Wei, AVP of capital markets and investor relations.

NIO Inc (NYSE:NIO) - 8 Takeaways From Nio s Q1 Call For EV Stock Investors: Chip Shortage, Margins, International Plans And More

NIO Inc (NYSE:NIO) - 8 Takeaways From Nio s Q1 Call For EV Stock Investors: Chip Shortage, Margins, International Plans And More
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8 Takeaways From Nio s Q1 Call For EV Stock Investors: Chip Shortage, Margins, International Plans And More

8 Takeaways From Nio s Q1 Call For EV Stock Investors: Chip Shortage, Margins, International Plans And More Benzinga 4/30/2021 The Chinese electric vehicle manufacturer NIO Inc. (NYSE: NIO) reported late Thursday with better-than-expected first-quarter results and issued a positive revenue and deliveries outlook for the second quarter. Popular Searches Here are the key takeaways from the earnings call hosted by the company.  Nio Says Chip Shortage Will Last Through Q2: Nio expects the chip shortage to persist through the second quarter. Notwithstanding the macro uncertainty, the company expressed confidence in the strength of its order book. Nio s monthly production target of 7,000-7,500 units is possible to achieve, though it could prove a challenge in the second quarter, Nio CEO William Li said.

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