Can I buy a Nio car in the United States?

Can I buy a Nio car in the United States?

The Chinese electric-vehicle maker NIO is one of the hottest EV stocks traded on U.S. exchanges, but it doesn’t sell any products in the U.S. That could change sooner than investors might expect.

What does NIO mean in Chinese?

NIO (car company)

Chinese name
Simplified Chinese 蔚来汽车
Traditional Chinese 蔚來汽車
Literal meaning Sky-Blue Coming Motor Vehicles
showTranscriptions

Is NIO a good long term investment?

Shares of the Chinese electric vehicle maker Nio (NYSE:NIO) had a remarkable performance in the past year, returning around than 1,350%. In other words, $1,000 invested in NIO stock in April 2020 would now be more than $14,500. Nio shares hit a record high on Jan. …

Why Nio is a bad investment?

There are metrics which make Nio look like a terrible investment. Its shares’ price-sales ratio is higher than all but 3.5% of automotive stocks. Much more important is the fact that Nio delivered another record month of sales in January, as its vehicle deliveries jumped 352% year-over-year to 7,225.

Is NIO high risk?

One of the most valuable companies in 2020, Nio (NYSE:NIO) rose over 1,190%. While Nio’s success story is remarkable and the growth potential is appealing, the company does not have as many advantages as its competitor Tesla (NASDAQ:TSLA).

What are the risks of NIO?

One of the risks in buying NIO stock is that their cash burn might imperil the company, and this risk could really drop the stock price, especially after a stock has gone up 20 times.

What is the future of NIO?

Algorithm-based forecasting service Wallet Investor is also bullish on the NIO stock future. Its NIO stock price forecast puts the share price at an average of $47.24 in April, climbing to $97.04 by December 2021, $164.99 by the end of 2022, $232.64 by December 2023 and $379.07 by March 2026.

Will NIO be worth as much as Tesla?

That means Nio’s 164,850 EV deliveries will be 19.39% of Tesla’s. Therefore at some point this year, we might expect that Nio’s market capitalization might equal 19% or so of Tesla’s now. For example, Nio has a market cap of $95.12 billion right now. In other words, Nio stock is worth 63.1% more, or $91.77 per share.

Which is better Nio or Tesla?

Amid the uncertainty of success and the competition, Tesla has the clear edge over NIO in rolling out a profitable autonomous ride-hailing platform given its head start and favorable home market. As such, it is fair that Tesla commands a premium valuation over NIO.

Is NIO a good buy right now?

Based on the report, that means that over 1.9 million EVs could be sold this year. That number alone shows the strong growth potential for Nio. All in all, NIO stock looks like a great buy at current levels. For investors looking to buy EV stocks, this is a great entry point.

Is Tesla in financial trouble?

Tesla’s market cap soared to over $800 billion in the 12 months leading up to January, before dropping to less than $600 billion in February. It now stands at around $679 billion.

What is the best 5G stock to buy right now?

Rather than focusing on telecoms, though, some of the highest growth opportunities are in companies involved in network construction and chips that enable 5G connectivity. Three such stocks worth buying now are Skyworks Solutions (NASDAQ:SWKS), Micron Technologies (NASDAQ:MU), and Broadcom (NASDAQ:AVGO).

What stocks does Warren Buffett buying today?

  • The Oracle of Omaha has been buying stocks.
  • AbbVie (ticker: ABBV)
  • Merck (MRK)
  • Bristol-Myers Squibb (BMY)
  • T-Mobile (TMUS)
  • Verizon Communications (VZ)
  • Chevron (CVX)
  • Kroger (KR)