NIO stock price will soar in the next 3 years
$NIO Inc(NIO.US$
Nio's ET5 will be a game changer. It somehow reminds me of Tesla Model 3. When Model 3 came out, it shattered the whole EV market. And I fully believe that ET5 will perform the same thing again.
Will ET5 beat Tesla in China? In my opinion, absolutely! And it will only take around 2 to 3 years. According to statistics, China's EV production in 2020 was 5 million, and it will hit 8 million by 2028. Nio's new factory has capacity for 1 million cars per year. Just a comparison, in 3rd quarter 2021, Nio delivered over 24K cars, and Tesla's aim for 2021 production is 1 million.
Tesla is now worth 900 billion (PS: 19), while NIO is only less than 50 billion (PS: 9). If you think about the revenue and margin growth potential for these 2 companies, NIO will be absolutely faster in the next coming years.
Don't miss Nio's opportunity while it's still in $30 range, this would be a no-brain money maker in the next 5 years.
If you are interested about the NIO's video I made almost 3 years ago when its share was less than $6, here is the link. Even today, there is still a lot of useful information.
https://www.youtube.com/watch?v=A6ypBTrdBGQ
Nio's ET5 will be a game changer. It somehow reminds me of Tesla Model 3. When Model 3 came out, it shattered the whole EV market. And I fully believe that ET5 will perform the same thing again.
Will ET5 beat Tesla in China? In my opinion, absolutely! And it will only take around 2 to 3 years. According to statistics, China's EV production in 2020 was 5 million, and it will hit 8 million by 2028. Nio's new factory has capacity for 1 million cars per year. Just a comparison, in 3rd quarter 2021, Nio delivered over 24K cars, and Tesla's aim for 2021 production is 1 million.
Tesla is now worth 900 billion (PS: 19), while NIO is only less than 50 billion (PS: 9). If you think about the revenue and margin growth potential for these 2 companies, NIO will be absolutely faster in the next coming years.
Don't miss Nio's opportunity while it's still in $30 range, this would be a no-brain money maker in the next 5 years.
If you are interested about the NIO's video I made almost 3 years ago when its share was less than $6, here is the link. Even today, there is still a lot of useful information.
https://www.youtube.com/watch?v=A6ypBTrdBGQ
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