Video News

NIO CEO Says Company Will Be Profitable in Less Time Than Tesla Took

Jun.13 — It’s been a difficult few months for NIO Inc.. The company has laid off employees, cancelled plans for a factory, and reported its third-consecutive month of declining vehicle deliveries and a revenue forecast for the second quarter that missed the lowest analyst estimate. The electric vehicle startup’s founder and Chief Executive Officer William Li speaks exclusively to Bloomberg’s Selina Wang. She breaks down the interview on “Bloomberg Markets: China Open. “

Articles You May Like

Dutch minister confident ‘crown jewel’ chip firm ASML will stay in Netherlands after threat to leave
Palo Alto Networks Discloses More Details on Critical PAN-OS Flaw Under Attack
GTA 6 Maker Take-Two to Cut 5 Percent of Staff, Scrap Projects to Cut Millions in Annual Costs
Pentera’s 2024 Report Reveals Hundreds of Security Events per Week, Highlighting the Criticality of Continuous Validation
Stable Diffusion 3, Turbo Models Are Now Available via Stability AI Developer Platform API