You forgot that NIO is more than a car selling company. It offers battery swap and charging. And NIO has plenty of cost saving opportunity to bring up the bottom line later. It might be more than a TSLA
Nio Stock May Be Priced Like Tesla, but There’s No Good Reason for It
It's only a matter of time before reality catches Nio stock.Nio came public a few years ago with the ambition of becoming the ChineseTesla. It will never achieve that goal, yet Nio stock is priced as though the goal is reasonable.I explained why it can’t be Teslalast year. After a massive infusion ofgovernment capital, Nio is mainly a high-end brand forJAC Motors, a government-backed company that makes the carin Hefei. JAC makesa full rangeof vehicles. Think of the Nio as its Cadillac.Yet Nio st