Nio is trading at $3.87 (-4.68%) after Q2 2026 revenue slightly missed consensus, with investors focused on softer revenue expectations and delivery guidance.
- Narrower losses and an 18.5% vehicle margin beat did not offset the revenue miss.
- Non-GAAP profitability and 49.4% delivery growth were overshadowed.
- Broader risk-off sentiment from higher oil, yields, and China-related trade concerns may add pressure.