NIO (NYSE:NIO) reported quarterly sales of $4.736 billion which missed the analyst consensus estimate of $4.780 billion by 0.92 percent. This is a 78.48 percent increase over sales of $2.654 billion the same period last year.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.