NIO: Winning The Game Of Thrones With Batteries
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In the rapidly growing and highly competitive electric vehicle industry, NIO Inc. (NYSE:NIO) stands out for its strong market position and innovation. In particular, the company’s highly differentiated battery strategy sets it apart from competitors. The company is in hyper growth mode and is expected to be free cash flow positive by 2022. Yet, the stock is trading at around a 40% discount to Tesla (TSLA) on a forward EV/Sales multiple. However, investing…
