Table of Contents
Will NIO be as high as Tesla?
NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54\%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis.
Is NIO a good investment 2020?
Nio does not provide a long-term expected growth target, but Nio should be in a good position five years from now, even if the growth rate falls a bit from its historical levels. Wall Street analysts expect the company’s sales to grow to $13.6 billion in 2024, up from $2.3 billion in 2020.
Are NIO good cars?
Despite its big size and weight, it’s really fast and handles really well. The engine makes this beautiful alien-like wizzing sound, and the car is really fast to accelerate and the top-speed is great too. It’s an all-wheel drive. Filtering into traffic at high speed on the highway is easy.
Is it too late to buy NIO?
For investors, risks of owning Nio include competition, political uncertainty, and its status as an as-yet unprofitable company still valued at almost $60 billion. But for aggressive investors with long-term views, who believe in the growth story of the company and the EV sector, it might not be too late to buy Nio.
What is a good price for NIO?
NIO Price/Volume Stats
| Current price | $36.20 | 52-week high |
|---|---|---|
| Day low | $34.02 | Volume |
| Day high | $39.68 | Avg. volume |
| 50-day MA | $38.75 | Dividend yield |
| 200-day MA | $40.61 | Market Cap |
Are NIO cars on the road?
Bjørn Nyland recently had an opportunity to test drive the NIO ES8, the Chinese 6- or 7-seat SUV that was recently introduced in Norway, at an off-road demo track….More videos on YouTube.
| Category | Off-Road |
|---|---|
| Make/Model | NIO ES8 |
| Body Style | SUV/Crossover |
What will NIO be in 2025?
Under a conservative assumption of 0 growth in market share, NIO is expected to deliver 300k units and 546k units by 2025 and 2030, respectively.
Will NIO ever hit 100?
Based on a 25X forward earnings multiple, that implies a 2029 price target for Nio stock of nearly $140. Using a 9\% discount rate, that implies a 2021 price target of nearly $70. So, while we think Nio stock is undervalued today and can and will power to $100 over time, we do not think shares will double overnight.
Can you buy NIO in Australia?
While NIO vehicles are not yet available in the US and Australia, their newest electric cars were spotted in Mildura, Victoria.
Is Nio a better buy than Tesla in 2020?
While Nio is in the earlier phases of growth with revenue expanding 56\% last year and growth likely to accelerate in 2020, Tesla sales grew by just 15\% last year and could potentially slow in 2020. However, Nio trades at a lower multiple of about 6x trailing revenues, compared to Tesla which trades at 7x.
Is Nio (Nio) the Tesla of China?
With a market cap around $700 billion, Tesla (TSLA) is the undisputed leader of the EV sector. And its stock generated an incredible 1,226\% return over the past two years. But there are plenty of newer players in the EV industry worth considering. In today’s analysis, we’ll put Tesla up against NIO (NIO), widely considered “the Tesla of China.”
Is Nio stock a buy at a fraction of Tesla’s market share?
Since Nio is still trading at a fraction of Tesla’s market share, the stock has room to grow. Higher sales in the next few years will support a valuation that is higher than where it is trading now. On the date of publication, Chris Lau did not have (either directly or indirectly) any positions in the securities mentioned in this article.
CEO William Li said the company test-drove more than 300,000 kilometers (186,400 miles) across 30 major cities. With the map data collected, Nio’s self-driving EVs will fare better than Tesla’s Navigate on Autopilot.