Tesla did the same a few months ago and they did even more earlier. That is an essential part of a public company that is growing. With the start of delivery of EC6 in September, NIO may be able to sell over 8,000 vehicle per month by the end of the year. At a price to revenue ratio, the market cap can reach 40 billion. Also read how NIO could monetize the battery swap business along with NIO app that is gaining popularity.
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