I think fair value right now is $20
$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$
I think fair value right now is $20. We sustain 20k per month run rate we get there imo. That would mean at 240k sales per year we'd be trading right now at sales value.
$Tesla Motors(TSLA)$ trades about 5 times so that would put us at a fair valuation of $50bn which is $25. Sure Tesla has better financials so that all needs to be considered.
We are now beginning to hit the numbers the company thought they would see in 2023. We sustain that plus a successful launch of Onvo and I think we finish the year in the $30-40 range. Middle East sales to begin later this year could be huge also.
I think 2025 will be the year that this company really establishes itself as the main rival to Tesla in China, possibly surpassing them. I do hope that common sense prevails in Europe with respect to the tariffs as I think that could be a great market for NIO.
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