$NIO Inc.(NIO)$ ONVO makes NIO

$NIO Inc.(NIO)$ ONVO makes NIO the Next Tesla

In 2014, Tesla shares were priced around 10 times sales. In 2016, that valuation slipped to 8 times sales. And by 2020, Tesla shares were priced below 2 times sales. CEO Elon Musk would later reveal that the company was "about a month" away from bankruptcy. Would you have invested in Tesla right then? Without knowing the future, most investors would have stayed far away. Yet this was one of the best times in Tesla's history to jump in. As sales from its mass market vehicles -- the Model Y and Model 3 -- began to gain traction, Shares soared more than 1,000%

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