NIO dropped the ball... if the local competition is doing bad... how good will Tesla do in China ? huge risk exposure.
To say that this is a red dangerous market is an understatement: These economic data are all in RED: 8:30 USD Current Account (Q2) -128.2B -127.8B -136.2B 10:30 USD Crude Oil Inventories 1.058M -2.496M -6.912M 8:30 CAD Manufacturing Sales (MoM) (Jul) -1.30% -0.30% -1.40% 5:00 EUR German ZEW Current Conditions (Sep) -19.9 -15 -13.5 3:15 EUR French...
8:30 USD Current Account (Q2) -128.2B -127.8B -136.2B 10:30 USD Crude Oil Inventories 1.058M -2.496M -6.912M 8:30 CAD Manufacturing Sales (MoM) (Jul) -1.30% -0.30% -1.40% 5:00 EUR German ZEW Current Conditions (Sep) -19.9 -15 -13.5 3:15 EUR French Manufacturing PMI (Sep) 50.3 51.2 51.1 3:15 EUR French Services PMI...
if you want to understand the context of this movement follow the Huawei and Boeing topics. eventually you will get it !
Profit Margin 10.70% ROE 24.10% P/E 12.62 Employees 59793 LT Debt/Eq 0.25 Earning - Oct 24