Nio Inc (NIO)

[Bullseye85]

$NIO: Baillie Gifford ***Tesla Investor*** Owns 12% of $NIO


Baillie Gifford thinks NIO stock could be worth more

The fund lists three main reasons that could push NIO stock several times higher than its current value:

Over ten years, 1 million premium vehicles a year and licensing intellectual property to another 1 million should lead to at least 440 billion yuan.

NIO Life ancillary offerings (clothing, clubhouses, entertainment) should offer more than 200 billion yuan.
The margins on NIO vehicles are 2x traditional premium vehicles (20%), which will give a post-tax cash flow of ~100 billion yuan and a valuation of $300 billion.

$NIO....TO.... $300?

https://marketrealist.com/2020/06/baillie-gifford-thinks-nio-stock-worth-more/