$NIO Inc (NIO.US)$ No need to rush. It will be good for Nio ...

$NIO Inc (NIO.US)$ No need to rush. It will be good for Nio to have lower lows before reaching higher highs. We should aim for steady growth.

My thoughts on NIO Power Day: Good catalyst, but don't expect too much, what is better will be consistent record earnings and successful expansion into international markets. I hope Nio considers expanding into Singapore next after Norway. Small country with increasing adoption and the income to afford Nio will be incredibly helpful.

My Price Target: $45-$49 range. Buy a lump sum and then DCA if it drops. Follow me for more updates.

My Price Target for Sell: 75-85 sell if it hits anytime by next year, it'll not be easy to more than double Nio's current market cap as it delivers less than 10x Tesla vehicles. Personally, trading at 5x discounted market cap from Tesla, (assuming 700b/5 = 140b, will already be very good for Nio).

Will be analyzing other growth opportunities as well, follow for more!