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Will NIO be as successful as Tesla?
16 Jan 2021 (108 views)

I have often been asked about the prospects for NIO. In this interview, a knowledgeable person made these important

* NIO does not control it's supply chain.
* Several of its key features are inspirational, i.r. they have not been proven yet.

I agree with his view.
https://youtu.be/EOgm5sa6fUU

I think that NIO will do well, but it will not reach the scale of success of Tesla. It is not advisable to use the stock price of Tesla and use it to project the stock price of NIO. 

Tesla has the following strengths:

* Their battery technology and low cost
* The operate their own factories to build their electric vehicles
* They develop their own self driving software.

Tesla is vertically integrated. NIO relies on external partners.

Tan Kin Lian

 


Will NIO be as successful as Tesla?
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I have often been asked about the prospects for NIO. In this interview, a knowledgeable person made these important

* NIO does not control it's supply chain.
* Several of its key features are inspirational, i.r. they have not been proven yet.

I agree with his view.
https://youtu.be/EOgm5sa6fUU

I think that NIO will do well, but it will not reach the scale of success of Tesla. It is not advisable to use the stock price of Tesla and use it to project the stock price of NIO. 

Tesla has the following strengths:

* Their battery technology and low cost
* The operate their own factories to build their electric vehicles
* They develop their own self driving software.

Tesla is vertically integrated. NIO relies on external partners.

Tan Kin Lian