$NIO Inc.(NIO)$
Look at Nio's figures, which are 8x better compared with RIVN.
$76 would be the level today if Nio grew as slowly as RIVN. Since Nio's sales are growing much faster, it should be even above $76. That's the reality while US analysts keep RIVN up and keep reducing Nio.
US analysts are a joke.
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RIVN is currently at $16, just because NIO deliveries are x8 btr, that doesn't mean it should be price at 76 no?