With AV chips, over-the-air updates, self-driving tech and other innovations, $NIO Inc.(NIO)$ is essentially a tech firm wearing carmaker's clothes. Its valuation multiples should mirror $Tesla Motors(TSLA)$ 's trajectory, if not surpass them.
With AV chips, over-the-air updates, self-driving tech and other innovations, $NIO Inc.(NIO)$ is essentially a tech firm wearing carmaker's clothes. Its valuation multiples should mirror $Tesla Motors(TSLA)$ 's trajectory, if not surpass them.
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