十年烧钱之后,蔚来开始赚钱了

华尔街见闻
Mar 11

通往巨头的挑战犹在。作者 | 柴旭晨编辑 | 周智宇在新能源汽车这场持续数年的淘汰赛里,蔚来一直是最具议论性的玩家。支持者认为,蔚来是中国最接近“豪华品牌”的新能源车企;质疑者则始终盯着一个问题——什么时候能赚钱。3月10日,随着蔚来发布2025年四季度及全年财报,这个争论终于迎来阶段性答案。财报显示,蔚来2025年四季度实现经营利润12.5亿元,历史上首次实现季度盈利。与此同时,公司四季度现金...

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