I am big on TSLA and NIO, but the two companies complement each other in penetrating and destroying internal combustion engines in the EV business. That is a huge business with over 70 million vehicles sold per year just in the light-duty market. Beyond that, the two will diverge, where NIO will become a battery service giant in their new BaaS to be announced this month. As for Tesla, it is going to become a solar roofing and an energy storage monster. Tesla of the future will provide a turn key housing with guaranteed energy supply independent of the grid in specific US states and countries around the world where where the sun is available for a reasonable period of time such as Texas, Arizona and other locations. TSLA could easily reach 6,000 a share in the next 5 years.
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