1. NIO's Q3 2024 revenues increased by 7% QoQ to $2.6B, with a gross profit rise of 31.8% YoY, despite a 38% stock price drop. 2. Q4 delivery numbers are promising, with a 72.9% YoY increase in December, aligning with management's guidance and countering bearish arguments. 3. NIO ranks 3rd in the Chinese EV market, benefiting from government subsidies, and aims for long-term profitability through brand positioning and efficiency gains.