http://traffic.libsyn.com/dataskeptic/sentiment-analysis.mp3?dest-id=201632
Month: May 2019
「Video of the Week」Animation of Hydraulic Fracturing (fracking)
The week when Emerge Energy Services LP (EMSE) Enters into Restructuring Support Agreement
Noteholders under the note purchase agreement will receive new second lien secured notes and pro rata ownership interests in new common units representing a 95% limited partner interest in the Partnership.
NIO Feeling Similar Pain As Tesla – Lack of Demand
When Tesla said “Deliveries were approximately 63,000 vehicles, which was 110% more than the same quarter last year, but 31% less than last quarter”, NIO wanted to say something similar.
The 2019 Q1 deliveries number was approximately half of that in 2018 Q4. (Still a good job in ramping up production fast)
To compare in numbers:
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- Tesla deliveries is ~15.8x NIO’s in 2019 Q1, ~11.4x in 2018 Q4
- Tesla’s automotive revenue in 2018 Q4 was $6.3 billion vs. NIO $0.5 billion: ~12.6x
- Current valuation 8x ($40bn vs. $5bn)
NIO said ES6 (to start deliveries in June) should have more than 10,000 pre-orders before deliveries.