蔚来李斌：行业“翘尾效应”难再现但对Q4盈利仍有信心

第一财经11-25

11月25日晚间，蔚来创始人、董事长、CEO李斌在业绩交流会上表示，四季度置换补贴退坡对市场产生了比较大的影响，整个行业应该不会产生像去年一样的翘尾效应。对于NIO" target="_blank" web="1">蔚来公司来说，主要的影响在于乐道L90和L60等低价车型，但公司对实现四季度盈利还是有信心，主要还是基于ES8等高毛利的车型订单非常强劲，对毛利总额的影响在预期的范围之内。（文章来源：...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2586226478?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-11-25 20:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586226478","market":"us","top_or_hot":-1,"title":"蔚来李斌：行业“翘尾效应”难再现 但对Q4盈利仍有信心","media":"第一财经","content":"<div>\n<p>11月25日晚间，蔚来创始人、董事长、CEO李斌在业绩交流会上表示，四季度置换补贴退坡对市场产生了比较大的影响，整个行业应该不会产生像去年一样的翘尾效应。对于NIO\" target=\"_blank\" web=\"1\">蔚来公司来说，主要的影响在于乐道L90和L60等低价车型，但公司对实现四季度盈利还是有信心，主要还是基于ES8等高毛利的车型订单非常强劲，对毛利总额的影响在预期的范围之内。（文章来源：...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202511253574421687.html\">网页链接</a>\n\n</div>\n","source":"stock_eastmoney","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>蔚来李斌：行业“翘尾效应”难再现 但对Q4盈利仍有信心</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n蔚来李斌：行业“翘尾效应”难再现 但对Q4盈利仍有信心\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-25 20:41 北京时间&nbsp;&nbsp;&nbsp;<a href=http://finance.eastmoney.com/a/202511253574421687.html><strong>第一财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>11月25日晚间，蔚来创始人、董事长、CEO李斌在业绩交流会上表示，四季度置换补贴退坡对市场产生了比较大的影响，整个行业应该不会产生像去年一样的翘尾效应。对于NIO\" target=\"_blank\" web=\"1\">蔚来公司来说，主要的影响在于乐道L90和L60等低价车型，但公司对实现四季度盈利还是有信心，主要还是基于ES8等高毛利的车型订单非常强劲，对毛利总额的影响在预期的范围之内。（文章来源：...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202511253574421687.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽车制造商","start_time":0,"source_url":"http://finance.eastmoney.com/a/202511253574421687.html","article_id":"2586226478","we_media_id":null,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202511253574421687.html","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2586226478","pubTimestamp":1764074492,"columns":[],"sourceInfo":{"source_id":"stock_eastmoney","name":"东方财富"},"weMediaInfo":null,"summary":"【蔚来李斌：行业“翘尾效应”难再现 但对Q4盈利仍有信心】11月25日晚间，蔚来创始人、董事长、CEO李斌在业绩交流会上表示，四季度置换补贴退坡对市场产生了比较大的影响，整个行业应该不会产生像去年一样的翘尾效应。对于蔚来公司来说，主要的影响在于乐道L90和L60等低价车型，但公司对实现四季度盈利还是有信心。","collect":0,"end_time":0,"defaultTopTitle":"eastmoney.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"BK4099":"汽车制造商","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4585":"ETF&股票定投概念","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","BK4555":"新能源车","09866":"蔚来-SW","BITA":"易车","BK4505":"高瓴资本持仓","BK1119":"汽车制造商","BK4504":"桥水持仓","BK4588":"碎股","NIO":"蔚来","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","BK4509":"腾讯概念","BK1588":"回港中概股","BK4532":"文艺复兴科技持仓","NIO.SI":"蔚来","BK4581":"高盛持仓","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4531":"中概回港概念"},"translate_title":"Nio Li Bin: The \"hikes effect\" of the industry is difficult to reproduce, but we still have confidence in Q4 profits","themeId":"b3281f8de3bc6b9ca0443565cb3ba984","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EVS.SI":0.6,"09866":1.5,"NIO":1.5,"BITA":1.5,"NIO.SI":0.6},"content_text":"11月25日晚间，蔚来创始人、董事长、CEO李斌在业绩交流会上表示，四季度置换补贴退坡对市场产生了比较大的影响，整个行业应该不会产生像去年一样的翘尾效应。对于NIO\" target=\"_blank\" web=\"1\">蔚来公司来说，主要的影响在于乐道L90和L60等低价车型，但公司对实现四季度盈利还是有信心，主要还是基于ES8等高毛利的车型订单非常强劲，对毛利总额的影响在预期的范围之内。（文章来源：第一财经）","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586226478","isCrawlerRequest":true}

蔚来李斌：行业“翘尾效应”难再现 但对Q4盈利仍有信心

精彩评论

蔚来李斌：行业“翘尾效应”难再现但对Q4盈利仍有信心