Nio Stock Slips on Wider Loss Than Expected, Disappointing Sales

1. Nio's Q4 results missed revenue and delivery expectations, impacting its shares. 2. The company reported a loss of 3.17 yuan per share, exceeding estimates. 3. Nio delivered 72,689 vehicles, falling short of analysts' forecast. 4. Projected Q1 deliveries are 41,000 to 43,000, lower than anticipated. 5. Lower average selling prices due to competition affected Nio’s revenue.