NIO Stock Slumps as Chinese EV Maker Posts Wider-Than-Expected Loss
1. NIO posted a larger-than-expected loss of $873.6 million in Q1. 2. Revenue increased 22% year-over-year but missed estimates. 3. Vehicle deliveries rose 40% compared to the previous year. 4. Shares fell nearly 4% at market open, down 23% in 2025. 5. Cost-cutting measures have been implemented for operational efficiency.