CAGR
Compound Annual Growth Rate -- in this case CAGR of an electric vehicle manufacturer. That, by itself, says nothing about NIO and its ability to make cars at a profit. NIO could easily make more cars while growing more debt.
NIO cannot make any profit while another company is making their cars, and while the NIO CEO diverts money to make his personal pet project cars, and pay his outlandish salary.
As I've said before, the NIO CEO is a great dreamer and designer, but he doesn't know squat about running a profitable company.