• Here's the math to figure out how much the Tesla of China may be worth in the future

    8 days ago - By Business Insider

    Nio , known as the Tesla of China, debuted for trading in the US on Wednesday.
    Shares surged 75% Thursday, despite Bernstein analyst Robin Zhu giving shares an "underperform" rating.
    Nio's current $12 billion market cap could double in five years, according to Evercore ISI.
    Watch Nio trade in real time here.
    Nio , known as the Tesla of China, could be worth double its current valuation in five years, according to analysts from Evercore ISI.
    The stock had a disappointing debut on Wednesday. Nio priced shares at $6.26 apiece, the low end of its range, raising $1 billion. The electric-car...
    Read more ...

     

  • Here's the math to figure out how much the Tesla of China may be worth in the future

    Here's the math to figure out how much the Tesla of China may be worth in the future

    8 days ago - By Business Insider

    Nio , known as the Tesla of China, debuted for trading in the US on Wednesday.
    Shares surged 75% Thursday, despite Bernstein analyst Robin Zhu giving shares an "underperform" rating.
    Nio's current $12 billion market cap could double in five years, according to Evercore ISI.
    Watch Nio trade in real time here.
    Nio , known as the Tesla of China, could be worth double its current valuation in five years, according to analysts from Evercore ISI.
    The stock had a disappointing debut on Wednesday. Nio priced shares at $6.26 apiece, the low end of its range, raising $1 billion. The electric-car...
    Read more ...