Tesla Rival Nio Expects Its First Profitable Quarter
Nio Inc. (NYSE:NIO) stock surged on Thursday after the company announced a positive profit alert for the fourth quarter of 2025, signaling a strong turnaround from the previous year. Positive Profit Outlook for Q4 2025 The company a major rival to Tesla, Inc. (NASDAQ:TSLA), expects to achieve an adjusted profit from operations of approximately 0.7 billion Chinese yuan (roughly $100 million) to 1.2 billion Chinese yuan (approximately $172 million) for the quarter. In comparison, it recorded an adjusted lo ...