$NIO Inc.(NIO)$ Tesla up 7% on no news while already being massively overvalued.
Nio straight down for the past few months, with blowout earnings, growing 40% annually while being massively undervalued.
In what world should Tesla be worth 156x more than Nio, while Nio is on the brink of selling more cars in China.
Buying Tesla stock right now doesn't seem like it earns more money compared to Nio.
It's becoming really sad now, to be honest.
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