Summary
This prediction ended on 14.06.23 with a price of €8.48. The BUY prediction by Traumtanz finished with a performance of 17.10%. Traumtanz has 50% into this predictionNIO is a Chinese electric vehicle manufacturer that was founded in 2014. The company designs, manufactures, and sells electric vehicles, including SUVs and crossovers, and provides associated services such as charging solutions and battery swapping services. NIO has been expanding rapidly in the Chinese market and is seen as a major challenger to Tesla's dominance in the electric vehicle space. The company went public in 2018 and is listed on the New York Stock Exchange (NYSE) under the ticker symbol NIO.
Performance without dividends (%)
| Name | 1w | 1m |
|---|---|---|
| NIO Inc. | -10.311% | -10.311% |
| iShares Core DAX® | -1.670% | -1.001% |
| iShares Nasdaq 100 | -4.184% | -1.145% |
| iShares Nikkei 225® | -4.967% | -5.783% |
| iShares S&P 500 | -2.834% | -0.572% |
According to Traumtanz what are the pros and cons of NIO Inc. for the foreseeable future?
Pros
Known brand
