$NIO A $50 stock price equates to a >$61 billion market cap. TSLA did not surpass $60 billion market cap until Dec 2019, when they started posting consecutive profitable quarters. Realistically, I see NIO at $25-$30 at year end. This equates to a $30-$36 billion market cap. Deliveries should be >35,000 and net loss will probably come in around -$800 million. With growth in Europe/worldwide and increased market share in China, a $40-$50 billion market cap is a realistic target for 2021. That's a $33-$41 stock price. Once NIO starts generating quarterly profit, sky's the limit. Market cap north of $60 billion, stock price $50 & beyond. I think NIO can find a much faster path to profitability than TSLA. Battery swap is a potential huge revenue source. Of course, the projections are dependent on no future stock offerings which will further dilute the price.
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