Li Bin's playing the long game. "We're weak now, but we're focused, improving efficiency, in the race for the long haul."

That's either: A) The right strategy for a company that overextended and needs fundamentals right, OR B) Excuse-making for a company permanently stuck in the middle.

Which one depends on Q4 earnings and 2026 execution.

Drop a comment - do you believe NIO hits Q4 profitability? Are you buying the third cycle story or waiting for proof?

This is Courtside Financial - where we give it to you straight.