Overview
- Shares slid to fresh 52‑week lows this week and lost about 14% after the company’s Q2 report triggered a week‑long selloff.
- Nio posted Q2 revenue up roughly 69% year over year and deliveries up about 49.4% year over year but missed its own revenue guidance.
- Management said rising battery and memory‑chip prices could add about RMB2,000 to RMB3,000 of cost per vehicle, which risks compressing margins.
- Third‑quarter delivery guidance implies only modest sequential growth and August deliveries rose 14.5% year over year while falling slightly from July.
- Major brokers including Citi, J.P. Morgan and Goldman cut targets or ratings, leaving the stock well below the street mean and increasing the chance of near‑term price swings as investors wait for clearer delivery and cost trends.