Bull Case: Describing Nio as one of China’s leading EV startups, it says that the automaker’s positioning of new models is “strategic.” It noted that Nio’s ET7 sedan, ET5 sedan and Ec7 SUV were well-positioned to compete with various models from other automakers including Mercedes, BMW and Tesla
Investors Take Note: Goldman: “We see risk-reward for the stock as skewed to the upside.” EV-related operating profits are set to grow from $2 billion in 2020 to $133 billion in 2030
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Active Income: Make at least 20% per year from NIO
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