Replies to post #13961 on Nio Inc (NIO)

[maynerd]

Is it crazy that Nikola is forecasting zero revenue for 2020 and its first $1 billion year in 2023, yet it's pps is $54. It doesn’t expect to be fully utilizing an Arizona assembly plant that it hasn’t built yet until 2028. Yet the price is 3x NIO. NIO has been making cars and expects to be cash positive next year.

NIO is worth much more... If Nikola, who hasn't made a single truck yet, is at $54, this has tons of room to run....

[the Brave]

Market cap is tiny here. Tesla delivered 9X the units NIO did in JUN, but it's market cap is some 22X higher. There is plenty of meat on the NIO bone.