Prediction: The First Chinese Stock to Hit 1T market cap will be NIO
$NIO Inc (NIO.US)$
Although it’s a Chinese play, this company is doing everything right. As both the US and China pledge to go 100% EV by 2040. There is no doubt to me that NIO will be the first Chinese company ever to hit the 1 Trillion Dollar Mark.
IMO, This will only go south if both countries decide to “ abandon EVs” totally. Else it’s just a matter of time. TSLA will most probably lead the way as the EV king. But it will not dominate 100% of the EV market, hence at this point it’s good to enter the other good EV companies at cheap prices and NIO is on the top of my list.
Although it’s a Chinese play, this company is doing everything right. As both the US and China pledge to go 100% EV by 2040. There is no doubt to me that NIO will be the first Chinese company ever to hit the 1 Trillion Dollar Mark.
IMO, This will only go south if both countries decide to “ abandon EVs” totally. Else it’s just a matter of time. TSLA will most probably lead the way as the EV king. But it will not dominate 100% of the EV market, hence at this point it’s good to enter the other good EV companies at cheap prices and NIO is on the top of my list.
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