Tesla is King
$Tesla(TSLA.US$ Because NIO, Xpeng and Li Auto are unprofitable and currently only deliver a few thousand vehicles a month, valuing them is based entirely on future potential. And that makes it largely guesswork.The companies trade at about five to seven times estimated 2021 revenue -- close to what Tesla was valued at about five years ago, when it was in a similar development stage.Meanwhile, some Chinese makers of gas guzzlers that have remained profitable even during the coronavirus pandemic -- such as the giant SAIC Motor Corp. and BAIC Motor Corp., which combined sell millions of cars every year -- are valued at significantly less than one times their estimated 2021 revenue.It’s a long road
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ROSE_31 : Love your explanations, comparied with Tesla, others are too small now. But one day, they are growing. Let's see it.
Shout At The Bull : True but NIO is beyond that group based on achievements at this point. When it comes to EV's its NIO and of course TESLA. They're proven to have the innovations for long term success. NIO's marketing team's creativity is off the chain not to mention they're quality is equally sound.