NIO: High Margin Of Safety

Victor Golmer NIO Inc. (NYSE:NIO) shipped shipping a total of 20,544 vehicles in May, a healthy number considering that the company’s deliveries dipped below 10,000 monthly deliveries just three months ago. Robust deliveries for May came out just days before NIO released first quarter earnings that showed some healthy improvement in terms of margins. On the flipside, NIO is still not seeing substantial improvements as far as its total profitability is concerned, which I think is holding the stock back.  ...