Nio Inc (NIO)

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On June 29, 2010, Tesla Motors Incorporated launched its IPO on the Nasdaq exchange. It offered 13.3 million shares at a price of $17 per share, raising a total of $226.1 million. On the day of its IPO, shares of Tesla Motors increased by 40.53% and closed at $23.89.Jun 29, 2018

So what can we guess NIO’s price will be in a couple of years?

In Tesla's shadow, China's NIO raises $1 billion from IPO: sources

NEW YORK/HONG KONG (Reuters) - Chinese electric vehicle start-up NIO Inc (NIO.N) priced its shares near the bottom of its targeted price range in its U.S. initial public offering, according to sources familiar with the matter, dragged down by investor concerns about the prospects of chief competitor Tesla Inc (TSLA.O).

Tesla’s struggle to meet its production targets and an abandoned attempt by chief executive Elon Musk to take it private have weighed not just on its own stock, but also on peers looking to develop mass-market electric cars.

I think we have our answer to NIO’s success