$NIO Nio went from $4 in June

2024-12-13

$NIO Nio went from $4 in June 2020 to $54 on Nov 27, 2020. That's six months with nothing even remotely close to what they have now. The same market is literally about 3% greater..lol No one here can determine the future. Nio is developing chips, have 2 new sub brands launching in 2025 and have the only mass infrastructure answer to slow EV charging. In my opinion nothing is stopping Nio from having the same market cap as $Tesla did around 2020 in the next 2 years as sales increase and BAAS adoption grows. Actually, if BAAS starts to be adopted as it should, Nio actually deserves a higher valuation than Tesla in 2020. Tesla sold 500,000 vehicles in 2020.

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ifeng2020
2024-12-13
ifeng2020
honestly, it is doomed

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