$NIO Inc.(NIO)$ $NIO Inc.(NIO.

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ A tech company with revenues and no profit, trades at 5 X Sales. $7.5 B = $37.5 B divided by 2.34 B = $17.86. NIO should be trading over $17 by any metric. The banks talked NIO down far below its enterprise value and disconnected the SP from the real value. NIO would cost $135 BILLION to replicate. It has a $12B Market Cap. Huge upside here

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