$NIO Inc.(NIO)$ In 2020 all th

In 2020 all the analysts were targeting NIO at $75 or more. At the time they knew NIO had no sedans, no factory (JAC contracted ES6 and ES8 builds) and was limited to 7000 units a month. Covid limited capacity and sales. Fast forward to 2024, NIO is averaging 18.000 units a month, has developed a supply chain second to none.

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