$NIO was closed for almost a month...... what expenses would they have incurred...... hard to do R&D when closed. Cash burn would be minimal. I think common sense would tell people that NIO would need to get payroll arranged considering it didn‘t open until Feb 10th, plus I‘m willing to guess that they needed to evaluate how to pay employees for the extra time off, which would be reflected with China’s stimulus package. All the chicken littles need to relax, or take advantage of the dip, because it won’t last long. The media can only spin things sooo much. Nio Long!
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